iFLYTEK Co Ltd
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iFLYTEK Co Ltd
Accrued Liabilities
iFLYTEK Co Ltd
Accrued Liabilities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accrued Liabilities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
i
|
iFLYTEK Co Ltd
SZSE:002230
|
Accrued Liabilities
ÂĄ678m
|
CAGR 3-Years
31%
|
CAGR 5-Years
19%
|
CAGR 10-Years
31%
|
|
SenseTime Group Inc
HKEX:20
|
Accrued Liabilities
ÂĄ380.8m
|
CAGR 3-Years
12%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
S
|
Shanghai Baosight Software Co Ltd
SSE:600845
|
Accrued Liabilities
ÂĄ191.8m
|
CAGR 3-Years
-17%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
6%
|
|
Beijing Kingsoft Office Software Inc
SSE:688111
|
Accrued Liabilities
ÂĄ617.6m
|
CAGR 3-Years
20%
|
CAGR 5-Years
35%
|
CAGR 10-Years
N/A
|
||
Hundsun Technologies Inc
SSE:600570
|
Accrued Liabilities
ÂĄ820.4m
|
CAGR 3-Years
55%
|
CAGR 5-Years
23%
|
CAGR 10-Years
44%
|
||
China National Software & Service Co Ltd
SSE:600536
|
Accrued Liabilities
ÂĄ229.9m
|
CAGR 3-Years
28%
|
CAGR 5-Years
43%
|
CAGR 10-Years
24%
|
iFLYTEK Co Ltd
Glance View
In the bustling landscape of China's technology sector, iFLYTEK Co Ltd. has emerged as a pioneering force in the realm of artificial intelligence and voice recognition technology. Established in 1999, the company carved a niche by focusing on the natural language processing market, with its voice recognition software achieving significant prominence. The company was initially rooted in the academic corridors of the University of Science and Technology of China, which laid the groundwork for its innovative edge. Today, it stands as a crucial player in the AI field, providing a diverse set of solutions ranging from intelligent speech interaction technology to AI education platforms. iFLYTEK’s core operations revolve around leveraging its robust AI capabilities to transform how humans and machines communicate, making everyday interactions more intuitive and efficient. iFLYTEK generates revenue by developing and licensing its AI-powered technologies, which are utilized widely across various sectors, including education, healthcare, and automotive industries. The company’s speech recognition engines are embedded in numerous smart devices, consumer applications, and enterprise-level solutions, allowing it to tap into different streams for revenue generation. Its products like AI-powered educational tools help teachers and students by providing personalized learning experiences, marking a substantial share of its revenue. Furthermore, iFLYTEK has established itself as a leader in healthcare AI, offering diagnostic tools that aid medical professionals, thereby expanding its influence and profitability. Through continuous innovation and strategic partnerships, iFLYTEK maneuvers to deepen its market penetration while expanding the applications of its cutting-edge technologies.
See Also
What is iFLYTEK Co Ltd's Accrued Liabilities?
Accrued Liabilities
678m
CNY
Based on the financial report for Sep 30, 2024, iFLYTEK Co Ltd's Accrued Liabilities amounts to 678m CNY.
What is iFLYTEK Co Ltd's Accrued Liabilities growth rate?
Accrued Liabilities CAGR 10Y
31%
Over the last year, the Accrued Liabilities growth was 209%. The average annual Accrued Liabilities growth rates for iFLYTEK Co Ltd have been 31% over the past three years , 19% over the past five years , and 31% over the past ten years .