China National Gold Group Gold Jewellery Co Ltd
SSE:600916
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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 |
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|---|---|---|---|---|---|
| CN |
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China National Gold Group Gold Jewellery Co Ltd
SSE:600916
|
15.4B CNY |
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| FR |
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LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
|
247.9B EUR |
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| FR |
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Hermes International SCA
PAR:RMS
|
182.5B EUR |
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| KR |
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SBW
KRX:102280
|
235.5T KRW |
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| FR |
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EssilorLuxottica SA
PAR:EL
|
99.9B EUR |
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| CH |
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Compagnie Financiere Richemont SA
SIX:CFR
|
90.1B CHF |
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| FR |
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Christian Dior SE
PAR:CDI
|
85.3B EUR |
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| IN |
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Titan Company Ltd
NSE:TITAN
|
4T INR |
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| FR |
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Kering SA
PAR:KER
|
31.1B EUR |
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| US |
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Tapestry Inc
NYSE:TPR
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31.6B USD |
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| CN |
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ANTA Sports Products Ltd
HKEX:2020
|
235.3B HKD |
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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
China National Gold Group Gold Jewellery Co Ltd
Glance View
China National Gold Group Gold Jewellery Co Ltd stands as a pivotal player in China's booming gold industry. As a subsidiary of China National Gold Group Corporation, it leverages its parent company's comprehensive control over the entire gold value chain—from mining and refining to production and distribution. This integration grants it a unique strategic position, combining the advantages of resource access with a keen understanding of market demand. The company specializes in the design, manufacture, and retail of gold jewelry, catering to a broad spectrum of consumers seeking both traditional and contemporary designs. This focus on consumer preferences and market trends is instrumental in maintaining its competitive edge and appealing to diverse customer segments across China and beyond. The company generates revenue primarily through the sale of gold jewelry, capitalizing on China's enduring cultural affinity for gold. It operates an extensive retail network across major urban centers and online platforms, enhancing accessibility and customer engagement. By incorporating sophisticated marketing strategies and forging strategic partnerships, it effectively taps into various market segments, from the luxury market to more budget-conscious consumers. Additionally, China National Gold Group Gold Jewellery Co Ltd invests in brand development and innovation to distinguish its offerings in a crowded market. This comprehensive approach not only ensures consistent sales growth but also strengthens its brand stature in a global market increasingly attracted to Chinese craftsmanship and design.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for China National Gold Group Gold Jewellery Co Ltd is 3.9%, which is below its 3-year median of 4.1%.
Over the last 3 years, China National Gold Group Gold Jewellery Co Ltd’s Gross Margin has increased from 3.5% to 3.9%. During this period, it reached a low of 3.5% on Sep 30, 2022 and a high of 4.6% on Mar 31, 2025.