Yonyou Network Technology Co Ltd
SSE:600588
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Yonyou Network Technology Co Ltd
Tax Provision
Yonyou Network Technology Co Ltd
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Yonyou Network Technology Co Ltd
SSE:600588
|
Tax Provision
-ÂĄ23.2m
|
CAGR 3-Years
25%
|
CAGR 5-Years
20%
|
CAGR 10-Years
10%
|
||
SenseTime Group Inc
HKEX:20
|
Tax Provision
-ÂĄ110.7m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
56%
|
CAGR 10-Years
31%
|
||
S
|
Shanghai Baosight Software Co Ltd
SSE:600845
|
Tax Provision
-ÂĄ220.3m
|
CAGR 3-Years
-16%
|
CAGR 5-Years
-22%
|
CAGR 10-Years
-21%
|
|
Beijing Kingsoft Office Software Inc
SSE:688111
|
Tax Provision
-ÂĄ75.4m
|
CAGR 3-Years
-15%
|
CAGR 5-Years
-47%
|
CAGR 10-Years
N/A
|
||
Hundsun Technologies Inc
SSE:600570
|
Tax Provision
-ÂĄ52.9m
|
CAGR 3-Years
8%
|
CAGR 5-Years
-3%
|
CAGR 10-Years
-6%
|
||
i
|
iFLYTEK Co Ltd
SZSE:002230
|
Tax Provision
ÂĄ258.8m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Yonyou Network Technology Co Ltd
Glance View
Yonyou Network Technology Co Ltd, founded in 1988 in Beijing, stands as a cornerstone in the realm of enterprise software and cloud services in China. Emerging in a period when China was embracing open markets and economic reforms, Yonyou quickly identified a burgeoning need for robust financial and organizational management tools amid this rapid industrialization. Over the years, the company has deftly transformed its traditional software offerings into comprehensive digital management solutions, bridging the gap for businesses transitioning from isolated systems to integrated cloud platforms. The company's proficiency in ERP (Enterprise Resource Planning) solutions is particularly noteworthy, offering businesses specialized modules for a wide range of operations—from finance and human resources to supply chain and manufacturing. Yonyou makes money primarily through a multi-faceted revenue model that includes software licensing, subscription services for its cloud-based solutions, and extensive consulting services. This versatility allows the company to cater to both state-owned enterprises and private sector clients, which differ vastly in scale and requirements. As cloud computing continues to gain traction, Yonyou has astutely positioned itself in providing PaaS (Platform as a Service) and SaaS (Software as a Service) offerings, boasting a rapidly growing base of cloud subscribers. Its transition to a digital-first strategy ensures a steady stream of recurring revenue while its consulting services supplement this, guiding customers through their digital transformation journeys. Thus, Yonyou not only sells software but also provides the entire ecosystem and the deployment expertise that empowers businesses to maximize their digital capabilities.
See Also
What is Yonyou Network Technology Co Ltd's Tax Provision?
Tax Provision
-23.2m
CNY
Based on the financial report for Sep 30, 2024, Yonyou Network Technology Co Ltd's Tax Provision amounts to -23.2m CNY.
What is Yonyou Network Technology Co Ltd's Tax Provision growth rate?
Tax Provision CAGR 10Y
10%
Over the last year, the Tax Provision growth was -39%. The average annual Tax Provision growth rates for Yonyou Network Technology Co Ltd have been 25% over the past three years , 20% over the past five years , and 10% over the past ten years .