Shunwang
Financials
Estimates*
CNY | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 |
---|---|---|---|---|---|---|
Revenues | 1.6b | 1.0b | 1.1b | 1.1b | 1.4b | 15.1b |
% growth | - | (34 %) | 9 % | (2 %) | 28 % | - |
EBITDA | 620m | 168m | 217m | 145m | 271m | - |
% EBITDA margin | 39 % | 16 % | 19 % | 13 % | 19 % | - |
Profit | 85.2m | 90.9m | 61.2m | (406m) | 170m | - |
% profit margin | 5 % | 9 % | 5 % | (36 %) | 12 % | - |
R&D budget | 236m | 192m | 221m | 210m | 187m | - |
R&D % of revenue | 15 % | 18 % | 19 % | 19 % | 13 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
$16.2m | Late VC | ||
Total Funding | CAD22.1m |
Recent News about Shunwang
EditShunwang Technology is a prominent player in the Internet cafe industry, leveraging its technological prowess to offer cloud-based solutions and edge computing services. The company primarily serves Internet cafes, providing them with advanced tools to improve operational efficiency and enhance customer experience. Operating in the technology and entertainment market, Shunwang's business model revolves around deploying cutting-edge technologies like cloud computing and edge computing to offer scalable and efficient solutions. The company generates revenue through subscription-based services and technology licensing. By integrating front-end applications and cloud services, Shunwang opens new avenues for growth in various industries beyond Internet cafes.
Keywords: Cloud-based solutions, edge computing, Internet cafe, operational efficiency, customer experience, technology licensing, subscription services, scalable solutions, front-end applications, technological prowess.