51 Cornerstone ONDEMAND Company name in Chinese： / Company name in English： Cornerstone ONDEMAND Headquarters： The USA Country： The USA Established： 1996 Website： http://www.cornerstoneondemand.com/ Main Business： e-HR Annual revenue of 2013： 185 million dollars Stock Exchange： NASDAQ Stock Code： CSOD About： Cornerstone ONDEMAND (NASDAQ:CSOD) is a global provider of a learning and talent management solution delivered as software-as-a-service (SaaS).Cornerstone offers a learning and talent management solution that its clients uses to develop, connect, evaluate and engage their employees, customers, vendors and distributors. The Company delivers its SaaS solution on-demand to its clients who access it over the Internet. Cornerstone’s product offering consists of a collection of three integrated clouds for learning management, performance management and extended enterprise. It also offers a number of cross-cloud tools for analytics and reporting, employee profile management, employee on-boarding and e-learning content aggregation. It also provides consulting services for configuration, integration and training for its solution. On March 29, 2012, it launched Recruiting Cloud. In April 2012, it acquired Sonar Limited. Major financial data in Fiscal 2013(Unit: $ million) Operating profit Net profit Pre-tax profit Shareholders' equity -34 -40 -42 53 Total assets by the end of 2013 Average total assets Current assets Current liabilities 451 312 408 173 Receivable by the end of 2013 Average receivable Total liabilities Interest expense 67 57 399 7 Major financial ratios in Fiscal 2013： Indicator Ratio Compared with industry average Indicator Ratio Compared with industry average Revenue growth rate 57.0% Higher Net profit margin -21.8% Lower Total turnover ratio 0.6 Lower ROE -76.4% Lower Accounts receivable turnover ratio 3.2 Lower Debt-asset ratio 88.0% Higher ROA -9.0% Lower Current ratio 2.4 Lower Operating margin -18.3% Lower Times Interest Earned / /