Granges AB
F:9GR
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| SE |
|
Granges AB
STO:GRNG
|
16.3B SEK |
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|
| CN |
A
|
Aluminum Corp of China Ltd
OTC:ALMMF
|
48.1B USD |
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|
|
| CN |
C
|
China Hongqiao Group Ltd
HKEX:1378
|
334.9B HKD |
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|
|
| CN |
|
Aluminum Corporation of China Ltd
SSE:601600
|
225.4B CNY |
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|
|
| IN |
|
Hindalco Industries Ltd
NSE:HINDALCO
|
2.2T INR |
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|
|
| NO |
|
Norsk Hydro ASA
OSE:NHY
|
174.1B NOK |
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|
| CN |
|
Yunnan Aluminium Co Ltd
SZSE:000807
|
113.3B CNY |
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|
| MY |
|
Press Metal Aluminium Holdings Bhd
KLSE:PMETAL
|
63.6B MYR |
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|
|
| US |
|
Alcoa Corp
NYSE:AA
|
14.9B USD |
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|
|
| CN |
G
|
Guangdong Hec Technology Holding Co Ltd
SSE:600673
|
87.6B CNY |
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|
| CN |
|
Tianshan Aluminum Group Co Ltd
SZSE:002532
|
84.6B CNY |
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Market Distribution
| Min | -855 316.7% |
| 30th Percentile | 30.8% |
| Median | 44.8% |
| 70th Percentile | 66% |
| Max | 113 764.6% |
Other Profitability Ratios
Granges AB
Glance View
Standing tall in the realm of rolled aluminum products, Gränges AB has carved a niche for itself by blending a rich legacy with cutting-edge innovation. Born out of Swedish industrious spirit, Gränges started its journey in the late 19th century and has since evolved into a global powerhouse, specializing in advanced aluminum engineering. The company's forte lies in the production of high-performance aluminum materials primarily used in the automotive industry, which constitutes the backbone of its revenue generation. Gränges's specialized aluminum solutions play a pivotal role in enhancing vehicle efficiency by reducing weight and improving thermal and electrical conductivity. This focus on sustainable, lightweight solutions sets Gränges apart, aligning seamlessly with the global automotive industry's shift towards greener technologies. This specialization in automotive applications is supplemented by Gränges's strategic alignment with a variety of other industries like HVAC, packaging, and electronics. Gränges's operations are spread across the globe, with manufacturing plants in Europe, Asia, and the Americas, ensuring a robust and flexible supply chain that feeds into its customer-focused model. The key to Gränges's financial success lies not only in its diversified client base but also in its commitment to continuous innovation and sustainable practices. Through relentless R&D efforts, Gränges develops new alloys and manufacturing processes, positioning itself as more than just a supplier but a strategic partner in its customers' quest for sustainable growth and efficiency enhancement. The company's financial performance thus thrives on its ability to marry quality with innovation, keeping its finger on the pulse of an ever-evolving industrial landscape.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Granges AB is 29.5%, which is below its 3-year median of 32.7%.
Over the last 3 years, Granges AB’s Gross Margin has increased from 29.3% to 29.5%. During this period, it reached a low of 29.3% on Dec 1, 2022 and a high of 35.4% on Mar 31, 2024.