Offcn Education Technology Co Ltd
SZSE:002607
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Offcn Education Technology Co Ltd
Operating Expenses
Offcn Education Technology Co Ltd
Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Offcn Education Technology Co Ltd
SZSE:002607
|
Operating Expenses
-ÂĄ1.4B
|
CAGR 3-Years
32%
|
CAGR 5-Years
14%
|
CAGR 10-Years
-20%
|
||
TAL Education Group
NYSE:TAL
|
Operating Expenses
-$1B
|
CAGR 3-Years
20%
|
CAGR 5-Years
-3%
|
CAGR 10-Years
N/A
|
||
New Oriental Education & Technology Group Inc
NYSE:EDU
|
Operating Expenses
-$2B
|
CAGR 3-Years
-9%
|
CAGR 5-Years
-11%
|
CAGR 10-Years
N/A
|
||
Youdao Inc
NYSE:DAO
|
Operating Expenses
-ÂĄ3.1B
|
CAGR 3-Years
-11%
|
CAGR 5-Years
-45%
|
CAGR 10-Years
N/A
|
||
K
|
Koolearn Technology Holding Ltd
HKEX:1797
|
Operating Expenses
-ÂĄ1.3B
|
CAGR 3-Years
-32%
|
CAGR 5-Years
-14%
|
CAGR 10-Years
N/A
|
|
Tianli Education International Holdings Ltd
HKEX:1773
|
Operating Expenses
-ÂĄ333.7m
|
CAGR 3-Years
-46%
|
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 Operating Expenses?
Operating Expenses
-1.4B
CNY
Based on the financial report for Sep 30, 2024, Offcn Education Technology Co Ltd's Operating Expenses amounts to -1.4B CNY.
What is Offcn Education Technology Co Ltd's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
-20%
Over the last year, the Operating Expenses growth was 20%. The average annual Operating Expenses growth rates for Offcn Education Technology Co Ltd have been 32% over the past three years , 14% over the past five years , and -20% over the past ten years .