Shanghai Friendess Electronic Technology Corp Ltd
SSE:688188
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Shanghai Friendess Electronic Technology Corp Ltd
Other Receivables
Shanghai Friendess Electronic Technology Corp Ltd
Other Receivables Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Receivables | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Shanghai Friendess Electronic Technology Corp Ltd
SSE:688188
|
Other Receivables
ÂĄ46m
|
CAGR 3-Years
97%
|
CAGR 5-Years
85%
|
CAGR 10-Years
N/A
|
||
China Railway Signal & Communication Corp Ltd
SSE:688009
|
Other Receivables
ÂĄ3.9B
|
CAGR 3-Years
18%
|
CAGR 5-Years
10%
|
CAGR 10-Years
N/A
|
||
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
|
Other Receivables
ÂĄ9.1B
|
CAGR 3-Years
45%
|
CAGR 5-Years
34%
|
CAGR 10-Years
23%
|
||
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
|
Other Receivables
ÂĄ108.2m
|
CAGR 3-Years
-4%
|
CAGR 5-Years
0%
|
CAGR 10-Years
15%
|
||
Huagong Tech Co Ltd
SZSE:000988
|
Other Receivables
ÂĄ1.1B
|
CAGR 3-Years
12%
|
CAGR 5-Years
8%
|
CAGR 10-Years
15%
|
||
Zhejiang Dahua Technology Co Ltd
SZSE:002236
|
Other Receivables
ÂĄ2.5B
|
CAGR 3-Years
10%
|
CAGR 5-Years
12%
|
CAGR 10-Years
28%
|
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 Receivables?
Other Receivables
46m
CNY
Based on the financial report for Dec 31, 2023, Shanghai Friendess Electronic Technology Corp Ltd's Other Receivables amounts to 46m CNY.
What is Shanghai Friendess Electronic Technology Corp Ltd's Other Receivables growth rate?
Other Receivables CAGR 5Y
85%
Over the last year, the Other Receivables growth was 292%. The average annual Other Receivables growth rates for Shanghai Friendess Electronic Technology Corp Ltd have been 97% over the past three years , 85% over the past five years .