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Tongling Jingda Special Magnet Wire Co Ltd
SSE:600577

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Tongling Jingda Special Magnet Wire Co Ltd Logo
Tongling Jingda Special Magnet Wire Co Ltd
SSE:600577
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Price: 14 CNY -0.71% Market Closed
Market Cap: ¥30.1B

Gross Margin

5.4%
Current
Declining
by 0.3%
vs 3-y average of 5.7%

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
5.4%
=
Gross Profit
¥1.3B
/
Revenue
¥24B

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
5.4%
=
Gross Profit
¥1.3B
/
Revenue
¥24B

Peer Comparison

Country Company Market Cap Gross
Margin
CN
Tongling Jingda Special Magnet Wire Co Ltd
SSE:600577
30.1B CNY
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CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
1.7T CNY
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FR
Schneider Electric SE
PAR:SU
147.3B EUR
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CH
Abb Ltd
SIX:ABBN
127.8B CHF
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IE
Eaton Corporation PLC
NYSE:ETN
147.7B USD
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US
Vertiv Holdings Co
NYSE:VRT
96.5B USD
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US
Emerson Electric Co
NYSE:EMR
84.7B USD
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KR
LG Energy Solution Ltd
KRX:373220
96.5T KRW
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US
AMETEK Inc
NYSE:AME
54.3B USD
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FR
Legrand SA
PAR:LR
40.5B EUR
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CN
Sungrow Power Supply Co Ltd
SZSE:300274
315.3B CNY
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Market Distribution

Lower than 89% of companies in China
Percentile
11th
Based on 8 314 companies
11th percentile
5.4%
Low
-2 148% — 14.3%
Typical Range
14.3% — 34.6%
High
34.6% — 775.2%
Distribution Statistics
China
Min -2 148%
30th Percentile 14.3%
Median 23%
70th Percentile 34.6%
Max 775.2%

Tongling Jingda Special Magnet Wire Co Ltd
Glance View

Market Cap
30.1B CNY
Industry
Electrical Equipment

Tongling Jingda Special Magnet Wire Co Ltd., nestled in the heart of China’s industrial heartland, has carved out a distinct niche in the highly specialized world of magnet wire production. This company operates with the precision of an artisan and the scale of an industrial giant, manufacturing a broad spectrum of magnet wires primarily used in the electrical and electronics sectors. These magnet wires are essential for powering everything from household appliances to complex machinery, serving as vital components in motors, transformers, and inductors. Their expertise in developing copper and aluminum magnet wires ensures that they maintain a competitive edge in terms of both quality and innovation, underpinned by rigorous manufacturing processes and a commitment to research and development. Financially, Tongling Jingda thrives by focusing on both domestic and international markets, ensuring a steady demand stream across various economic cycles. The company's income streams are bolstered by long-standing partnerships with notable firms in the automotive, energy, and telecommunications industries, sectors that are continually expanding and evolving. By delivering customized solutions that meet stringent global standards, they not only ensure repeat business but also enhance profitability. Moreover, their strategic investments in technology and sustainable practices reinforce their market position and open up new revenue opportunities, consistently positioning Tongling Jingda as a pivotal supplier in the magnet wire domain.

Tongling Jingda Special Magnet Wire Co Ltd Intrinsic Value
HIDDEN
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What is 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.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
5.4%
=
Gross Profit
¥1.3B
/
Revenue
¥24B
What is Tongling Jingda Special Magnet Wire Co Ltd's current Gross Margin?

The current Gross Margin for Tongling Jingda Special Magnet Wire Co Ltd is 5.4%, which is below its 3-year median of 5.7%.

How has Gross Margin changed over time?

Over the last 3 years, Tongling Jingda Special Magnet Wire Co Ltd’s Gross Margin has decreased from 5.8% to 5.4%. During this period, it reached a low of 5.3% on Jun 30, 2025 and a high of 6.1% on Dec 31, 2023.

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