Xinjiang Tianye Co Ltd
SSE:600075
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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 |
||
|---|---|---|---|---|---|
| CN |
X
|
Xinjiang Tianye Co Ltd
SSE:600075
|
12.8B CNY |
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|
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR |
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|
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
45.6B USD |
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|
| US |
|
Dow Inc
NYSE:DOW
|
30B USD |
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| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
26.5B USD |
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|
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
418.7T IDR |
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| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
150.4B CNY |
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| TW |
|
Nan Ya Plastics Corp
TWSE:1303
|
588.5B TWD |
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| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
115.8B CNY |
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| KR |
|
LG Chem Ltd
KRX:051910
|
25.2T KRW |
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| US |
|
Westlake Corp
NYSE:WLK
|
14.8B USD |
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Market Distribution
| Min | -2 148% |
| 30th Percentile | 14.3% |
| Median | 23% |
| 70th Percentile | 34.6% |
| Max | 775.2% |
Other Profitability Ratios
Xinjiang Tianye Co Ltd
Glance View
Xinjiang Tianye Co., Ltd., founded in the heart of China’s vast Xinjiang region, has emerged as an exemplar of integration in the chemical industry. The company is at the forefront of utilizing the region's rich natural resources, transforming the seemingly endless expanse of cotton and petrochemicals into a lucrative business. Operating primarily in the production and sale of polyvinyl chloride (PVC) and caustic soda, Xinjiang Tianye has crafted a business model that hinges on the seamless weaving of agriculture and industry. By using advanced technologies, the company not only refines raw materials but also spins them into high-demand products essential for modern infrastructure, like construction materials and various industrial applications, ensuring a steady flow of revenue. Beyond mere production, Xinjiang Tianye leverages their geographical advantage to access and transport these raw resources efficiently, reducing costs and improving margins. The company showcases a remarkable degree of vertical integration — from manufacturing the intermediate textiles to processing chemical products. This strategic integration ensures a tight grip over the supply chain, translating into greater control over quality and pricing. As global demands for construction and infrastructure materials sustain appetite in emerging markets, Xinjiang Tianye taps into this expansion by not only meeting local demands but also targeting international markets, underlining its strategic prowess in capitalizing on global economic trends.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Xinjiang Tianye Co Ltd is 9.8%, which is above its 3-year median of 9.2%.
Over the last 3 years, Xinjiang Tianye Co Ltd’s Gross Margin has decreased from 15.4% to 9.8%. During this period, it reached a low of 4.2% on Mar 31, 2024 and a high of 18.8% on Dec 31, 2022.