QuantaSing Group Ltd- ADR (OQ:QSG)
Business Focus: N/A
| Sector: N/A | Industry: N/A |
| Company Contact | |
| Address: | 2/F Building D, Ronsin Technology Center BEIJING BEJ 100102 |
| Tel: | N/A |
| Website: | https://www.liangzizhige.com |
| IR: | See website |
| Key People | ||
| Peng Li Chairman of the Board, Chief Executive Officer, Founder | Dong Xie Chief Financial Officer, Director | Jinshan Li Chief Technology Officer, Director |
| Xihao Liu Vice President, Director | Bo Bai Vice President | Chun Wang Vice President | Guangfei Zhao Vice President |
| Business Overview |
| QuantaSing Group Ltd is a China-based company mainly engaged in the provision of adult learning courses. The Company's main business is to provide individual adult learners with online courses of various brands and marketing and management services for corporate customers. The Company provides online financial knowledge learning courses through its QiNiu, Jiangzhen and QianChi brands. The Company also provides other personal interest learning courses, including personal well-being, short video production, erhu, traditional Chinese painting, data analytics and other fields. The Company mainly conducts its business in the domestic market. |
| Financial Overview |
| For the six months ended 31 December 2023, QuantaSing Group Ltd- ADR revenues increased 28% to RMB1.85B. Net income applicable to common stockholders totaled RMB174.3M vs. loss of RMB158.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Sales and marketing expenses - Balancin decrease of 18% to RMB615.7M (expense). |
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