Offcn Education Technology Co Ltd
SZSE:002607
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Offcn Education Technology Co Ltd
Accrued Liabilities
Offcn Education Technology Co Ltd
Accrued Liabilities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accrued Liabilities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Offcn Education Technology Co Ltd
SZSE:002607
|
Accrued Liabilities
ÂĄ430.3m
|
CAGR 3-Years
11%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
36%
|
||
TAL Education Group
NYSE:TAL
|
Accrued Liabilities
$634.9m
|
CAGR 3-Years
-20%
|
CAGR 5-Years
13%
|
CAGR 10-Years
N/A
|
||
New Oriental Education & Technology Group Inc
NYSE:EDU
|
Accrued Liabilities
$924.5m
|
CAGR 3-Years
-4%
|
CAGR 5-Years
15%
|
CAGR 10-Years
N/A
|
||
Youdao Inc
NYSE:DAO
|
Accrued Liabilities
ÂĄ799.6m
|
CAGR 3-Years
-4%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
K
|
Koolearn Technology Holding Ltd
HKEX:1797
|
Accrued Liabilities
ÂĄ688.2m
|
CAGR 3-Years
19%
|
CAGR 5-Years
26%
|
CAGR 10-Years
N/A
|
|
Tianli Education International Holdings Ltd
HKEX:1773
|
Accrued Liabilities
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Offcn Education Technology Co Ltd
Glance View
Offcn Education Technology Co Ltd, a powerhouse in the realm of vocational training and exam preparation, stands out as a beacon for millions of aspiring public sector employees in China. Emerging from the bustling corridors of Beijing in 1999, the company swiftly recognized the gap between burgeoning numbers of job seekers and the competitive public service examinations. Leveraging technology as its backbone, Offcn embarked on its journey by offering comprehensive online and offline training courses aimed at bolstering the prospects of candidates eager to secure coveted government positions. Over time, it has extended its reach beyond merely preparing students for civil service exams to encompass a broader spectrum of professional certification and vocational training programs, thereby tapping into the universal desire for upward mobility and job security. From a business model perspective, Offcn thrives on a multifaceted revenue stream. Primarily, the company generates income through course fees charged to its extensive clientele, who enroll in its preparatory sessions and training modules. The meticulously curated curriculum and diverse delivery methods, including both digital platforms and traditional classrooms, ensure a comprehensive and adaptable learning experience for students. Furthermore, Offcn has adeptly capitalized on the scalability of its online platforms, widening its net to reach aspirants beyond metropolitan centers to smaller towns and rural regions, significantly amplifying its revenue streams. With a strategic expansion into other educational segments like healthcare, finance, and teaching qualifications, Offcn strategically positions itself as an indispensable partner in vocational success across a range of aspirational careers.
See Also
What is Offcn Education Technology Co Ltd's Accrued Liabilities?
Accrued Liabilities
430.3m
CNY
Based on the financial report for Sep 30, 2024, Offcn Education Technology Co Ltd's Accrued Liabilities amounts to 430.3m CNY.
What is Offcn Education Technology Co Ltd's Accrued Liabilities growth rate?
Accrued Liabilities CAGR 10Y
36%
Over the last year, the Accrued Liabilities growth was 27%. The average annual Accrued Liabilities growth rates for Offcn Education Technology Co Ltd have been 11% over the past three years , -2% over the past five years , and 36% over the past ten years .