Beijing Kingsoft Office Software Inc
SSE:688111
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Beijing Kingsoft Office Software Inc
Accrued Liabilities
Beijing Kingsoft Office Software Inc
Accrued Liabilities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accrued Liabilities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Beijing Kingsoft Office Software Inc
SSE:688111
|
Accrued Liabilities
ÂĄ617.6m
|
CAGR 3-Years
20%
|
CAGR 5-Years
35%
|
CAGR 10-Years
N/A
|
||
SenseTime Group Inc
HKEX:20
|
Accrued Liabilities
ÂĄ380.8m
|
CAGR 3-Years
12%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
S
|
Shanghai Baosight Software Co Ltd
SSE:600845
|
Accrued Liabilities
ÂĄ191.8m
|
CAGR 3-Years
-17%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
6%
|
|
Hundsun Technologies Inc
SSE:600570
|
Accrued Liabilities
ÂĄ820.4m
|
CAGR 3-Years
14%
|
CAGR 5-Years
31%
|
CAGR 10-Years
38%
|
||
China National Software & Service Co Ltd
SSE:600536
|
Accrued Liabilities
ÂĄ229.9m
|
CAGR 3-Years
17%
|
CAGR 5-Years
44%
|
CAGR 10-Years
25%
|
||
i
|
iFLYTEK Co Ltd
SZSE:002230
|
Accrued Liabilities
ÂĄ678m
|
CAGR 3-Years
13%
|
CAGR 5-Years
28%
|
CAGR 10-Years
30%
|
Beijing Kingsoft Office Software Inc
Glance View
Beijing Kingsoft Office Software Inc., often recognized simply as Kingsoft, is a prominent player in the software industry, particularly known for its innovative office productivity solutions. Founded in 1988, Kingsoft has developed a robust suite of applications, including Kingsoft Office, which has gained significant traction in both the consumer and enterprise markets within China and beyond. As businesses and individuals increasingly digitize their operations, Kingsoft finds itself well-positioned to capitalize on the growing demand for efficient, user-friendly software that enhances productivity and collaboration. The company’s commitment to research and development provides a competitive edge, allowing it to regularly introduce new features and improve user experiences, fostering customer loyalty and expanding its market reach. For investors, Kingsoft presents a compelling opportunity in a market that is rapidly evolving towards digital solutions. With its strategic partnerships and collaborations, the company is expanding its footprint not just in Chinese markets, but also looking to harness growth overseas, tapping into the global demand for productivity tools. The increasing trend of remote work and the rising importance of cloud-based solutions further bolster Kingsoft’s prospects. As industry giants like Microsoft are challenged by emerging competitors, Kingsoft's focus on affordability and localized features makes it an attractive alternative, particularly in Asia. With its solid business model, ongoing innovation, and strategic positioning in a growing market, Kingsoft stands out as a worthwhile consideration for investors looking to engage with a dynamic and rapidly advancing technology sector.
See Also
What is Beijing Kingsoft Office Software Inc's Accrued Liabilities?
Accrued Liabilities
617.6m
CNY
Based on the financial report for Dec 31, 2023, Beijing Kingsoft Office Software Inc's Accrued Liabilities amounts to 617.6m CNY.
What is Beijing Kingsoft Office Software Inc's Accrued Liabilities growth rate?
Accrued Liabilities CAGR 5Y
35%
Over the last year, the Accrued Liabilities growth was 20%. The average annual Accrued Liabilities growth rates for Beijing Kingsoft Office Software Inc have been 20% over the past three years , 35% over the past five years .