iFLYTEK Co Ltd
SZSE:002230
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iFLYTEK Co Ltd
Other Operating Expenses
iFLYTEK Co Ltd
Other Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Other Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
i
|
iFLYTEK Co Ltd
SZSE:002230
|
Other Operating Expenses
¥811.1m
|
CAGR 3-Years
5%
|
CAGR 5-Years
12%
|
CAGR 10-Years
N/A
|
|
|
SenseTime Group Inc
HKEX:20
|
Other Operating Expenses
¥247.2m
|
CAGR 3-Years
-11%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
-10%
|
|
|
S
|
Shanghai Baosight Software Co Ltd
SSE:600845
|
Other Operating Expenses
¥88.7m
|
CAGR 3-Years
-8%
|
CAGR 5-Years
43%
|
CAGR 10-Years
N/A
|
|
|
Beijing Kingsoft Office Software Inc
SSE:688111
|
Other Operating Expenses
¥141.9m
|
CAGR 3-Years
7%
|
CAGR 5-Years
22%
|
CAGR 10-Years
N/A
|
|
|
Hundsun Technologies Inc
SSE:600570
|
Other Operating Expenses
¥145.2m
|
CAGR 3-Years
186%
|
CAGR 5-Years
17%
|
CAGR 10-Years
N/A
|
|
|
China National Software & Service Co Ltd
SSE:600536
|
Other Operating Expenses
¥43.3m
|
CAGR 3-Years
-48%
|
CAGR 5-Years
23%
|
CAGR 10-Years
N/A
|
|
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 Other Operating Expenses?
Other Operating Expenses
811.1m
CNY
Based on the financial report for Sep 30, 2024, iFLYTEK Co Ltd's Other Operating Expenses amounts to 811.1m CNY.
What is iFLYTEK Co Ltd's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 5Y
12%
Over the last year, the Other Operating Expenses growth was -11%. The average annual Other Operating Expenses growth rates for iFLYTEK Co Ltd have been 5% over the past three years , 12% over the past five years .
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