Shanghai Foreign Service Holding Group Co Ltd
SSE:600662
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Shanghai Foreign Service Holding Group Co Ltd
Other Operating Expenses
Shanghai Foreign Service Holding Group Co Ltd
Other Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
S
|
Shanghai Foreign Service Holding Group Co Ltd
SSE:600662
|
Other Operating Expenses
ÂĄ222.4m
|
CAGR 3-Years
14%
|
CAGR 5-Years
78%
|
CAGR 10-Years
N/A
|
|
ManpowerGroup Greater China Ltd
HKEX:2180
|
Other Operating Expenses
ÂĄ1.4m
|
CAGR 3-Years
-27%
|
CAGR 5-Years
37%
|
CAGR 10-Years
N/A
|
||
Renrui Human Resources Technology Holdings Ltd
HKEX:6919
|
Other Operating Expenses
ÂĄ70m
|
CAGR 3-Years
35%
|
CAGR 5-Years
50%
|
CAGR 10-Years
N/A
|
||
Beijing Career International Co Ltd
SZSE:300662
|
Other Operating Expenses
ÂĄ31m
|
CAGR 3-Years
19%
|
CAGR 5-Years
51%
|
CAGR 10-Years
N/A
|
Shanghai Foreign Service Holding Group Co Ltd
Glance View
Shanghai Foreign Service Holding Group Co Ltd, commonly known as FSG, stands tall as a pioneer in the human resources industry in China. With its roots dating back to the early 1980s, FSG emerged at a time when China's economic landscape was opening up to the world. The company seized the opportunity to bridge the gap between a burgeoning demand for skilled labor and the influx of foreign enterprises that were setting up shop in Shanghai and beyond. Operating as a comprehensive HR service provider, FSG has strategically positioned itself to cater to a diverse clientele, offering services that range from talent recruitment and training to payroll management and outsourcing solutions. This multifaceted approach allowed FSG to not only generate revenue through service fees and consultancy charges but also build a robust network of partnerships with both multinational corporations and domestic enterprises. What differentiates FSG is its adeptness at customizing its solutions to meet the unique needs of its clients, powered by an in-depth understanding of China's regulatory and cultural workspace. This adaptability is evident in its vast portfolio, which includes sectors like finance, technology, and manufacturing. As FSG expanded, it embraced digitalization to enhance its service delivery, investing in state-of-the-art HR management systems that streamline operations for their clients. By capitalizing on technological advancements, FSG not only improved operational efficiency but also increased its market share, by offering innovative services such as workforce analytics and strategic HR planning. The company's ability to evolve with the economic tides and foresee market trends has enabled it to sustain its profitability and solidify its position as a leader in China's dynamic HR landscape.
See Also
What is Shanghai Foreign Service Holding Group Co Ltd's Other Operating Expenses?
Other Operating Expenses
222.4m
CNY
Based on the financial report for Sep 30, 2024, Shanghai Foreign Service Holding Group Co Ltd's Other Operating Expenses amounts to 222.4m CNY.
What is Shanghai Foreign Service Holding Group Co Ltd's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 5Y
78%
Over the last year, the Other Operating Expenses growth was -13%. The average annual Other Operating Expenses growth rates for Shanghai Foreign Service Holding Group Co Ltd have been 14% over the past three years , 78% over the past five years .