Home » iFLYTEK’s 2021 revenue of 18.3 billion is expected to increase by more than 80% this year – yqqlm

iFLYTEK’s 2021 revenue of 18.3 billion is expected to increase by more than 80% this year – yqqlm

by admin

Original title: iFLYTEK’s revenue in 2021 is 18.3 billion, and the gross profit of teaching students in accordance with their aptitude is expected to increase by more than 80% this year

On the evening of April 21, iFLYTEK released its financial reports for the first quarter of 2021 and 2022. The financial report shows that in 2021, iFLYTEK will achieve a revenue of 18.314 billion yuan, a year-on-year increase of 40.61%, and a net profit attributable to the parent of 1.556 billion yuan, a year-on-year increase. 14.13%, with a net profit of 979 million yuan after deducting non-return to the parent, a year-on-year increase of 27.54%, further improving the quality of operations.

In 2022, iFLYTEK’s revenue in the first quarter of 2022 was 3.506 billion yuan, a year-on-year increase of 40.18%, and non-profit deductions were 146 million yuan, a year-on-year increase of 37.73%. The company has built sustainable development and long-term profitability based on local business, and has begun to enter the development harvest period, driving the company’s operations to achieve sustainable and rapid growth.

Among them, smart education has the most outstanding performance, with revenue of 6.007 billion yuan in 2021, a year-on-year increase of 49.47%, accounting for 32.82% of total revenue.

In 2021, iFLYTEK’s education base business will add 20 new districts and counties to the 17 districts and counties in 2020. According to the speech of Liu Qingfeng, chairman of the Yunan Conference, it is expected to increase to 50 districts and counties this year, teaching students according to their aptitude. Gross profit from business contracts is expected to increase by 80%.

Under the double reduction policy, why will iFLYTEK’s smart education business accelerate its development? Regarding this question, iFLYTEK gave the answer on the record form of investor relations activities released on March 21 this year.

See also  Continuous business and non-stop transactions, "30 Shanghai Stock Exchanges" help the stable operation of the capital market_ ​​Oriental Fortune Net

iFLYTEK said that iFLYTEK has always grasped the policies of “double reduction” and “five education simultaneously” very clearly and accurately. iFLYTEK has long recognized that education must return to its core essence. The “Double Reduction Opinions” particularly emphasizes the return of compulsory education to the main position of the school, and clearly “encourages the arrangement of hierarchical, flexible and individualized assignments, resolutely overcomes mechanical and invalid assignments, and eliminates repetitive and punitive assignments.” This and iFLYTEK have been promoting The concept of “artificial intelligence assists education, teaching students in accordance with their aptitude to achieve dreams” is consistent.

After the implementation of the “double reduction” policy, it is necessary to do a good job in teaching and learning within a limited time in the school. It is necessary to rely on the power of artificial intelligence to achieve “teaching according to aptitude”, helping students to reduce their learning burden and enhance their creativity to achieve all-round development.

It seems that “double reduction” is a new national policy, but this is the educational concept that iFLYTEK has been adhering to for many years. The core logic of iFLYTEK’s education business has always been to develop according to the established strategy. The company’s education business has further strengthened the layout of the following three aspects in the past period of time:

The first is the “double reduction” policy, which requires not only to reduce the examination time, but also to scientifically evaluate the teaching effectiveness. In the past year, iFLYTEK has helped schools scientifically evaluate and estimate the quality of education and teaching based on a large amount of procedural learning evaluation data from the regional individualized teaching solution, which is more efficient than traditional exams; it has also helped parents to scientifically evaluate students’ learning progress based on classroom feedback and alleviate parents’ concerns Anxiety arising from not being able to grasp the child’s learning situation.

See also  Piazza Affari opens positively and looks to the FOMC

In the “National Collaborative Innovation Center 2011” initiated by the Ministry of Education, iFLYTEK, as the only enterprise unit, led the establishment of the “Basic Education Quality Evaluation Center” with Beijing Normal University, and launched a series of forward-looking scientific evaluations for the quality of basic education in primary and secondary schools. Innovative new research.

Second, iFLYTEK can not only improve the quality and efficiency of learning evaluation based on classroom process data, but also provide students with academic development advice.

The educational process evaluation system constructed by iFLYTEK Smart Education can accumulate data on the strengths and weaknesses of students in the learning process of various subjects in junior high school and high school, so as to provide students with academic career guidance in many aspects such as high school course selection and university course selection.

Third, iFLYTEK provides AI capability support for the mental health construction of children and adolescents across the country, and assists the investigation of depression and autism in children and adolescents required by the Ministry of Education and the National Health Commission.

In recent years, the mental health of children and adolescents has faced severe challenges, especially the phenomenon of depression at a younger age is becoming more and more obvious. iFLYTEK, Beijing Normal University and other units jointly undertake the 2030 major project of “Brain Science and Brain-inspired Research” “Cohort Study on Brain Development of Chinese School-aged Children”, and cooperate with Beijing Anding Hospital to build an authoritative multimodal knowledge base for depression , to carry out multimodal depression diagnosis and disease assessment research based on speech, facial expressions, etc., and accumulated a relatively rich foundation.

See also  Auto, BYD satisfies Buffett: sales boom + 300% in August, giant beats pandemic and chip crisis

In addition to the smart education base, the financial report shows that in 2021, iFLYTEK’s other bases will also develop high-quality and rapid development, and the revenue level will continue to rise.

Among them, the revenue of open platform and consumer business was 4.687 billion yuan, a year-on-year increase of 52.19%; the revenue of smart city information engineering business was 2.851 billion yuan, a year-on-year increase of 60.74%; the revenue of smart medical care was 338 million yuan, an increase of 8.06% year-on-year; Revenue of 449 million yuan, a year-on-year increase of 38.92%, and operator business revenue of 1.393 billion yuan, a year-on-year increase of 26.79%.

As of the end of this reporting period, iFLYTEK’s medical business, Zhongzhi medical assistants, had covered 280 counties and districts across the country, with an average daily diagnosis of 770,000, and an annual valuable revision of 170,000 diagnoses. The daily visits of family doctor assistants increased. 100%;

The consumer business GMV increased by 152%; the smart car business has 7 million pre-installed vehicles. In 2021, it has reached 40+ cooperative car companies, 1,100+ models, 200+ new cooperative models, and fixed-point reserves increased by 90%.Return to Sohu, see more

Editor:

Disclaimer: The opinions of this article only represent the author himself, Sohu is an information publishing platform, and Sohu only provides information storage space services.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy