Spinnova Oyj
F:9HP
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 |
||
|---|---|---|---|---|---|
| FI |
S
|
Spinnova Oyj
OMXH:SPINN
|
24.7m EUR |
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|
|
| HK |
C
|
Cecep Costin New Materials Group Ltd
HKEX:2228
|
44.9B HKD |
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|
|
| CN |
S
|
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
|
31.8B CNY |
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|
|
| TW |
|
Eclat Textile Co Ltd
TWSE:1476
|
116.5B TWD |
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|
|
| CN |
H
|
Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
|
25.5B CNY |
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|
|
| IN |
S
|
Spentex Industries Ltd
NSE:SPENTEX
|
291.1B INR |
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|
| IN |
|
Sumeet Industries Ltd
NSE:SUMEETINDS
|
260B INR |
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|
| CN |
W
|
Weiqiao Textile Co Ltd
HKEX:2698
|
18.8B HKD |
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|
|
| UK |
|
Coats Group PLC
LSE:COA
|
1.7B GBP |
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|
| TW |
|
Ruentex Industries Ltd
TWSE:2915
|
54.8B TWD |
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|
| CN |
|
Sunvim Group Co Ltd
SZSE:002083
|
11.4B CNY |
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Market Distribution
| Min | -441.9% |
| 30th Percentile | 28.8% |
| Median | 45.6% |
| 70th Percentile | 67.4% |
| Max | 21 276.1% |
Other Profitability Ratios
Spinnova Oyj
Glance View
Spinnova Oyj engages in the production and distribution of textile fibres and wood fabrics. The company is headquartered in Jyvaskyla, Lansi-Suomen and currently employs 81 full-time employees. The company went IPO on 2021-06-24. Spinnova Oyj has developed a new technology for making textile fiber out of wood and waste such as leather, textile or food waste, without harmful chemicals. SPINNOVA fiber does not produce any waste or side streams and is produced with minimal water usage and with minimal CO2 emissions. The fiber is recyclable, quickly biodegradable, does not contain microplastics and can be produced without solvents or other harmful chemicals or additives. The target customers for Spinnova fiber consist of large multinational textile brands, especially clothing brands that use a lot of cotton and/or have the intention of reducing their environmental impact. The firm has a production plant in Jyvaskyla.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Spinnova Oyj is 97.4%, which is above its 3-year median of 49.3%.
Over the last 3 years, Spinnova Oyj’s Gross Margin has increased from 12.1% to 97.4%. During this period, it reached a low of 2.5% on Jun 30, 2023 and a high of 97.4% on Jul 30, 2025.
