Beijing Kingsoft Office Software Inc
SSE:688111
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Beijing Kingsoft Office Software Inc
Cash Taxes Paid
Beijing Kingsoft Office Software Inc
Cash Taxes Paid Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Cash Taxes Paid | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Beijing Kingsoft Office Software Inc
SSE:688111
|
Cash Taxes Paid
-ÂĄ290.3m
|
CAGR 3-Years
-48%
|
CAGR 5-Years
-41%
|
CAGR 10-Years
N/A
|
||
SenseTime Group Inc
HKEX:20
|
Cash Taxes Paid
ÂĄ32.9m
|
CAGR 3-Years
-1%
|
CAGR 5-Years
-60%
|
CAGR 10-Years
-31%
|
||
S
|
Shanghai Baosight Software Co Ltd
SSE:600845
|
Cash Taxes Paid
-ÂĄ741.1m
|
CAGR 3-Years
-16%
|
CAGR 5-Years
-29%
|
CAGR 10-Years
-14%
|
|
Hundsun Technologies Inc
SSE:600570
|
Cash Taxes Paid
-ÂĄ432.2m
|
CAGR 3-Years
-10%
|
CAGR 5-Years
-14%
|
CAGR 10-Years
-15%
|
||
China National Software & Service Co Ltd
SSE:600536
|
Cash Taxes Paid
-ÂĄ174.4m
|
CAGR 3-Years
17%
|
CAGR 5-Years
1%
|
CAGR 10-Years
-7%
|
||
i
|
iFLYTEK Co Ltd
SZSE:002230
|
Cash Taxes Paid
-ÂĄ676.6m
|
CAGR 3-Years
6%
|
CAGR 5-Years
-11%
|
CAGR 10-Years
-20%
|
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 Cash Taxes Paid?
Cash Taxes Paid
-290.3m
CNY
Based on the financial report for Dec 31, 2023, Beijing Kingsoft Office Software Inc's Cash Taxes Paid amounts to -290.3m CNY.
What is Beijing Kingsoft Office Software Inc's Cash Taxes Paid growth rate?
Cash Taxes Paid CAGR 5Y
-41%
Over the last year, the Cash Taxes Paid growth was -15%. The average annual Cash Taxes Paid growth rates for Beijing Kingsoft Office Software Inc have been -48% over the past three years , -41% over the past five years .