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Hongfa Technology Co Ltd
SSE:600885

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Hongfa Technology Co Ltd Logo
Hongfa Technology Co Ltd
SSE:600885
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Price: 29.04 CNY 1.82% Market Closed
Updated: May 17, 2024

Gross Margin
Hongfa Technology Co Ltd

36.3%
Current
34%
Average
24.3%
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
36.3%
=
Gross Profit
4.8B
/
Revenue
13.1B

Gross Margin Across Competitors

Country CN
Market Cap 30.3B CNY
Gross Margin
36%
Country FR
Market Cap 127.9B EUR
Gross Margin
42%
Country IE
Market Cap 131.3B USD
Gross Margin
37%
Country CN
Market Cap 890.4B CNY
Gross Margin
23%
Country CH
Market Cap 87.6B CHF
Gross Margin
36%
Country KR
Market Cap 88.1T KRW
Gross Margin
15%
Country US
Market Cap 64.4B USD
Gross Margin
50%
Country US
Market Cap 38.6B USD
Gross Margin
36%
Country US
Market Cap 35.9B USD
Gross Margin
35%
Country BR
Market Cap 165.7B BRL
Gross Margin
33%
Country US
Market Cap 30.8B USD
Gross Margin
40%

Profitability Report

View the profitability report to see the full profitability analysis for Hongfa Technology Co Ltd.

See Also

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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
36.3%
=
Gross Profit
4.8B
/
Revenue
13.1B
What is the Gross Margin of Hongfa Technology Co Ltd?

Based on Hongfa Technology Co Ltd's most recent financial statements, the company has Gross Margin of 36.3%.