Beijing Kingsoft Office Software Inc
SSE:688111
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Beijing Kingsoft Office Software Inc
Other Current Liabilities
Beijing Kingsoft Office Software Inc
Other Current Liabilities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Current Liabilities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Beijing Kingsoft Office Software Inc
SSE:688111
|
Other Current Liabilities
ÂĄ2B
|
CAGR 3-Years
30%
|
CAGR 5-Years
58%
|
CAGR 10-Years
N/A
|
||
SenseTime Group Inc
HKEX:20
|
Other Current Liabilities
ÂĄ1.2B
|
CAGR 3-Years
5%
|
CAGR 5-Years
-56%
|
CAGR 10-Years
-29%
|
||
S
|
Shanghai Baosight Software Co Ltd
SSE:600845
|
Other Current Liabilities
ÂĄ3.4B
|
CAGR 3-Years
-3%
|
CAGR 5-Years
23%
|
CAGR 10-Years
18%
|
|
Hundsun Technologies Inc
SSE:600570
|
Other Current Liabilities
ÂĄ2.4B
|
CAGR 3-Years
-14%
|
CAGR 5-Years
4%
|
CAGR 10-Years
20%
|
||
China National Software & Service Co Ltd
SSE:600536
|
Other Current Liabilities
ÂĄ818.4m
|
CAGR 3-Years
-28%
|
CAGR 5-Years
8%
|
CAGR 10-Years
9%
|
||
i
|
iFLYTEK Co Ltd
SZSE:002230
|
Other Current Liabilities
ÂĄ1.7B
|
CAGR 3-Years
-24%
|
CAGR 5-Years
-10%
|
CAGR 10-Years
17%
|
Beijing Kingsoft Office Software Inc
Glance View
In the vibrant tapestry of China's burgeoning tech landscape, Beijing Kingsoft Office Software Inc. emerges as a compelling narrative rooted in innovation and pragmatic growth strategies. Established as a subsidiary of the renowned Kingsoft Corporation, the company has carved a distinct niche within the office software ecosystem. Kingsoft Office, famously branded as WPS Office, offers a suite of productivity tools that mirror the functions of Microsoft's Office Suite, providing word processing, spreadsheets, and presentation capabilities. With an intuitive interface and robust features, WPS Office appeals to a wide spectrum of users, from individual consumers to large enterprises. The company’s seamless cross-platform availability—ranging from PCs to mobile devices—caters to the increasingly mobile workforce of the digital era, ensuring that productivity is unshackled from the confines of traditional office environments. The company’s revenue model is a sophisticated blend of freemium offerings and premium services, adeptly straddling the line between accessibility and monetization. By providing a basic version of its software for free, Kingsoft Office garners a substantial user base, which it then strategically converts into paying customers through subscription-based plans for advanced features and technical support. Moreover, its enterprise solutions are tailored to meet the specific needs of corporate clients, who demand scalability, security, and customization, thus driving significant revenue from the B2B sector. Advertisements within the free versions further supplement income, creating a diversified revenue stream that supports the company’s sustained growth and innovation pursuits within the competitive tech industry. With its focus on flexibility and cost-effectiveness, Kingsoft Office stands as a formidable contender in the global market for productivity software.
See Also
What is Beijing Kingsoft Office Software Inc's Other Current Liabilities?
Other Current Liabilities
2B
CNY
Based on the financial report for Dec 31, 2023, Beijing Kingsoft Office Software Inc's Other Current Liabilities amounts to 2B CNY.
What is Beijing Kingsoft Office Software Inc's Other Current Liabilities growth rate?
Other Current Liabilities CAGR 5Y
58%
Over the last year, the Other Current Liabilities growth was 10%. The average annual Other Current Liabilities growth rates for Beijing Kingsoft Office Software Inc have been 30% over the past three years , 58% over the past five years .