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Wondershare Technology Group Co Ltd
Operating Expenses
Wondershare Technology Group Co Ltd
Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Wondershare Technology Group Co Ltd
SZSE:300624
|
Operating Expenses
-ÂĄ1.3B
|
CAGR 3-Years
-13%
|
CAGR 5-Years
-19%
|
CAGR 10-Years
N/A
|
||
SenseTime Group Inc
HKEX:20
|
Operating Expenses
-ÂĄ5.5B
|
CAGR 3-Years
-2%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
-3%
|
||
S
|
Shanghai Baosight Software Co Ltd
SSE:600845
|
Operating Expenses
-ÂĄ2B
|
CAGR 3-Years
-8%
|
CAGR 5-Years
-14%
|
CAGR 10-Years
-9%
|
|
Beijing Kingsoft Office Software Inc
SSE:688111
|
Operating Expenses
-ÂĄ2.8B
|
CAGR 3-Years
-28%
|
CAGR 5-Years
-32%
|
CAGR 10-Years
N/A
|
||
Hundsun Technologies Inc
SSE:600570
|
Operating Expenses
-ÂĄ4.1B
|
CAGR 3-Years
-11%
|
CAGR 5-Years
-6%
|
CAGR 10-Years
-15%
|
||
i
|
iFLYTEK Co Ltd
SZSE:002230
|
Operating Expenses
-ÂĄ9.2B
|
CAGR 3-Years
-18%
|
CAGR 5-Years
-20%
|
CAGR 10-Years
-31%
|
Wondershare Technology Group Co Ltd
Glance View
In the bustling tech landscape of China, Wondershare Technology Group Co Ltd has carved a niche for itself as a pioneer in digital creativity and productivity solutions. Founded in 2003, this company embarked on its journey by recognizing the burgeoning demand for user-friendly software that empowered both individuals and businesses. Headquartered in Shenzhen, a city synonymous with innovation, Wondershare has steadily grown its portfolio to include a suite of software products aimed at video editing, data recovery, and PDF editing, among others. The company's flagship products like Filmora, a video editing tool, and PDFelement, a PDF management utility, cater to a global clientele seeking accessible yet powerful software solutions. This strategic focus on providing intuitive and cost-effective tools has been instrumental in cementing its reputation as a customer-centric entity in the software industry. Wondershare's business model hinges on a combination of direct sales and subscription-based services, allowing it to generate consistent revenue streams. By leveraging online platforms, the company reaches a worldwide audience, selling its software directly from its website and via third-party platforms like app stores. Additionally, Wondershare has embraced the software-as-a-service (SaaS) model to offer cloud-based services, enhancing user experience and expanding its market reach. This alignment with digital transformation trends has been pivotal, enabling the company to increase its user base significantly. Furthermore, through continuous innovation and updates, Wondershare ensures customer retention, a crucial factor for sustained growth in the competitive software industry. As it navigates the ever-evolving tech industry, Wondershare remains committed to enhancing digital experiences, a philosophy that has driven its success and will likely continue to do so.
See Also
What is Wondershare Technology Group Co Ltd's Operating Expenses?
Operating Expenses
-1.3B
CNY
Based on the financial report for Sep 30, 2024, Wondershare Technology Group Co Ltd's Operating Expenses amounts to -1.3B CNY.
What is Wondershare Technology Group Co Ltd's Operating Expenses growth rate?
Operating Expenses CAGR 5Y
-19%
Over the last year, the Operating Expenses growth was -4%. The average annual Operating Expenses growth rates for Wondershare Technology Group Co Ltd have been -13% over the past three years , -19% over the past five years .