Shanghai Friendess Electronic Technology Corp Ltd
SSE:688188
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Shanghai Friendess Electronic Technology Corp Ltd
Other Long-Term Assets
Shanghai Friendess Electronic Technology Corp Ltd
Other Long-Term Assets Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Long-Term Assets | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Shanghai Friendess Electronic Technology Corp Ltd
SSE:688188
|
Other Long-Term Assets
ÂĄ51.1m
|
CAGR 3-Years
24%
|
CAGR 5-Years
39%
|
CAGR 10-Years
N/A
|
||
China Railway Signal & Communication Corp Ltd
SSE:688009
|
Other Long-Term Assets
ÂĄ1.2B
|
CAGR 3-Years
-38%
|
CAGR 5-Years
22%
|
CAGR 10-Years
N/A
|
||
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
|
Other Long-Term Assets
ÂĄ2.2B
|
CAGR 3-Years
3%
|
CAGR 5-Years
0%
|
CAGR 10-Years
21%
|
||
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
|
Other Long-Term Assets
ÂĄ102.3m
|
CAGR 3-Years
28%
|
CAGR 5-Years
32%
|
CAGR 10-Years
38%
|
||
Huagong Tech Co Ltd
SZSE:000988
|
Other Long-Term Assets
ÂĄ211.3m
|
CAGR 3-Years
-2%
|
CAGR 5-Years
5%
|
CAGR 10-Years
12%
|
||
Zhejiang Dahua Technology Co Ltd
SZSE:002236
|
Other Long-Term Assets
ÂĄ1.3B
|
CAGR 3-Years
4%
|
CAGR 5-Years
17%
|
CAGR 10-Years
31%
|
Shanghai Friendess Electronic Technology Corp Ltd
Glance View
Shanghai Friendess Electronic Technology Corp Ltd, a beacon in the high-tech realm, emerged as a key player in the laser cutting control systems industry. Founded on the principles of innovation and precision, Friendess has carved out a niche by developing advanced numerical control (NC) systems. These systems are the vital brains behind laser cutting machines that are used across industries like automotive, aerospace, and electronics manufacturing. The company's commitment to research and development, backed by a strong team of engineers and tech innovators, constantly pushes the boundaries of automation and precision, ensuring that their cutting-edge solutions meet the ever-evolving needs of industrial applications. The company's business model is centered around the production and sale of these sophisticated control systems and software, which are integral to the efficiency and effectiveness of laser cutting operations. Friendess generates revenue not only by selling these high-value systems but also through licensing and supporting software applications that optimize performance and integrate seamlessly with existing industrial infrastructure. By continuously enhancing its product portfolio and establishing long-term relationships with equipment manufacturers and industrial clients, Friendess ensures a steady stream of income while positioning itself as a leader in technological advancement and industrial automation.
See Also
What is Shanghai Friendess Electronic Technology Corp Ltd's Other Long-Term Assets?
Other Long-Term Assets
51.1m
CNY
Based on the financial report for Dec 31, 2023, Shanghai Friendess Electronic Technology Corp Ltd's Other Long-Term Assets amounts to 51.1m CNY.
What is Shanghai Friendess Electronic Technology Corp Ltd's Other Long-Term Assets growth rate?
Other Long-Term Assets CAGR 5Y
39%
Over the last year, the Other Long-Term Assets growth was 36%. The average annual Other Long-Term Assets growth rates for Shanghai Friendess Electronic Technology Corp Ltd have been 24% over the past three years , 39% over the past five years .