China National Gold Group Gold Jewellery Co Ltd
SSE:600916

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China National Gold Group Gold Jewellery Co Ltd
SSE:600916
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Price: 9.16 CNY 0.77% Market Closed
Market Cap: ¥15.4B

Gross Margin

3.9%
Current
Declining
by 0.2%
vs 3-y average of 4.1%

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
3.9%
=
Gross Profit
¥2.3B
/
Revenue
¥59.7B

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
3.9%
=
Gross Profit
¥2.3B
/
Revenue
¥59.7B

Peer Comparison

Country Company Market Cap Gross
Margin
CN
China National Gold Group Gold Jewellery Co Ltd
SSE:600916
15.4B CNY
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FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
247.9B EUR
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FR
Hermes International SCA
PAR:RMS
182.5B EUR
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KR
SBW
KRX:102280
235.5T KRW
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FR
EssilorLuxottica SA
PAR:EL
99.9B EUR
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CH
Compagnie Financiere Richemont SA
SIX:CFR
90.1B CHF
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FR
Christian Dior SE
PAR:CDI
85.3B EUR
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IN
Titan Company Ltd
NSE:TITAN
4T INR
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FR
Kering SA
PAR:KER
31.1B EUR
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US
Tapestry Inc
NYSE:TPR
31.6B USD
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CN
ANTA Sports Products Ltd
HKEX:2020
235.3B HKD
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Market Distribution

Lower than 91% of companies in China
Percentile
9th
Based on 8 314 companies
9th percentile
3.9%
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%

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.

Intrinsic Value
15.81 CNY
Undervaluation 42%
Intrinsic Value
Price ¥9.16
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
3.9%
=
Gross Profit
¥2.3B
/
Revenue
¥59.7B
What is China National Gold Group Gold Jewellery Co Ltd's current Gross Margin?

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%.

How has Gross Margin changed over time?

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.

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