Shanghai Friendess Electronic Technology Corp Ltd
SSE:688188
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Shanghai Friendess Electronic Technology Corp Ltd
Gross Profit
Shanghai Friendess Electronic Technology Corp Ltd
Gross Profit Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Gross Profit | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Shanghai Friendess Electronic Technology Corp Ltd
SSE:688188
|
Gross Profit
ÂĄ1.1B
|
CAGR 3-Years
35%
|
CAGR 5-Years
42%
|
CAGR 10-Years
N/A
|
||
China Railway Signal & Communication Corp Ltd
SSE:688009
|
Gross Profit
ÂĄ9.4B
|
CAGR 3-Years
3%
|
CAGR 5-Years
0%
|
CAGR 10-Years
N/A
|
||
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
|
Gross Profit
ÂĄ40.6B
|
CAGR 3-Years
5%
|
CAGR 5-Years
10%
|
CAGR 10-Years
20%
|
||
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
|
Gross Profit
ÂĄ557.5m
|
CAGR 3-Years
-8%
|
CAGR 5-Years
-1%
|
CAGR 10-Years
5%
|
||
Zhejiang Dahua Technology Co Ltd
SZSE:002236
|
Gross Profit
ÂĄ12.9B
|
CAGR 3-Years
1%
|
CAGR 5-Years
6%
|
CAGR 10-Years
17%
|
||
Zhejiang Supcon Technology Co Ltd
SSE:688777
|
Gross Profit
ÂĄ2.8B
|
CAGR 3-Years
26%
|
CAGR 5-Years
24%
|
CAGR 10-Years
N/A
|
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 Gross Profit?
Gross Profit
1.1B
CNY
Based on the financial report for Dec 31, 2023, Shanghai Friendess Electronic Technology Corp Ltd's Gross Profit amounts to 1.1B CNY.
What is Shanghai Friendess Electronic Technology Corp Ltd's Gross Profit growth rate?
Gross Profit CAGR 5Y
42%
Over the last year, the Gross Profit growth was 59%. The average annual Gross Profit growth rates for Shanghai Friendess Electronic Technology Corp Ltd have been 35% over the past three years , 42% over the past five years .