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Weiqiao Textile Co Ltd
HKEX:2698

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Weiqiao Textile Co Ltd
HKEX:2698
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Price: 3.49 HKD Market Closed
Updated: May 18, 2024

Gross Margin
Weiqiao Textile Co Ltd

-3.5%
Current
3%
Average
30%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
-3.5%
=
Gross Profit
-575m
/
Revenue
16.2B

Gross Margin Across Competitors

Country CN
Market Cap 4.2B HKD
Gross Margin
-4%
Country TW
Market Cap 133.6B TWD
Gross Margin
31%
Country IN
Market Cap 204.9B INR
Gross Margin
50%
Country TW
Market Cap 75.5B TWD
Gross Margin
35%
Country IN
Market Cap 187.8B INR
Gross Margin
25%
Country IN
Market Cap 150B INR
Gross Margin
42%
Country UK
Market Cap 1.4B GBP
Gross Margin
35%
Country IN
Market Cap 146.2B INR
Gross Margin
47%
Country IN
Market Cap 140.1B INR
Gross Margin
47%
Country CN
Market Cap 11.6B CNY
Gross Margin
10%
Country IN
Market Cap 132.8B INR
Gross Margin
32%

Profitability Report

View the profitability report to see the full profitability analysis for Weiqiao Textile Co Ltd.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
-3.5%
=
Gross Profit
-575m
/
Revenue
16.2B
What is the Gross Margin of Weiqiao Textile Co Ltd?

Based on Weiqiao Textile Co Ltd's most recent financial statements, the company has Gross Margin of -3.5%.