Z

Zhejiang Oceanking Development Co Ltd
SSE:603213

Watchlist Manager
Zhejiang Oceanking Development Co Ltd
SSE:603213
Watchlist
Price: 13.9 CNY -0.14% Market Closed
Market Cap: ¥6.1B

Gross Margin

10.2%
Current
Declining
by 5.3%
vs 3-y average of 15.5%

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
10.2%
=
Gross Profit
¥290.4m
/
Revenue
¥2.9B

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
10.2%
=
Gross Profit
¥290.4m
/
Revenue
¥2.9B

Peer Comparison

Country Company Market Cap Gross
Margin
CN
Zhejiang Oceanking Development Co Ltd
SSE:603213
6.1B CNY
Loading...
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR
Loading...
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD
Loading...
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
618.5T IDR
Loading...
CN
Hengli Petrochemical Co Ltd
SSE:600346
173B CNY
Loading...
US
Dow Inc
NYSE:DOW
21.9B USD
Loading...
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
139.7B CNY
Loading...
TW
Nan Ya Plastics Corp
TWSE:1303
624.9B TWD
Loading...
KR
LG Chem Ltd
KRX:051910
26.2T KRW
Loading...
UK
LyondellBasell Industries NV
NYSE:LYB
18.2B USD
Loading...
KR
Ecopro Co Ltd
KOSDAQ:086520
23.3T KRW
Loading...

Market Distribution

Lower than 80% of companies in China
Percentile
20th
Based on 8 314 companies
20th percentile
10.2%
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%

Zhejiang Oceanking Development Co Ltd
Glance View

Market Cap
6.1B CNY
Industry
Chemicals

Zhejiang Oceanking Development Co., Ltd. engages in the research, development, production, and sale of chloralkali-related products. The company is headquartered in Ningbo, Zhejiang and currently employs 468 full-time employees. The company went IPO on 2021-11-11. The firm's main products include chlor alkali products, methyl isobutyl ketone (MIBK) products and other products. The chlor alkali products are mainly caustic soda and chlorinated paraffin, including liquid chlorine, chlorinated paraffin, sodium hypochlorite, high-purity hydrochloric acid, by-product hydrochloric acid and others. The MIBK products include hyperboiling ketones and hydroxyketone mixtures of MIBK, diisobutyl ketone (DIBK) and methyl n-amyl ketone (KB-3). The other products include industrial hydrogen and a small amount of trade products. The firm's products are sold to domestic regions and foreign regions such as Pakistan.

Intrinsic Value
10.25 CNY
Overvaluation 26%
Intrinsic Value
Price
Z
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
10.2%
=
Gross Profit
¥290.4m
/
Revenue
¥2.9B
What is Zhejiang Oceanking Development Co Ltd's current Gross Margin?

The current Gross Margin for Zhejiang Oceanking Development Co Ltd is 10.2%, which is below its 3-year median of 15.5%.

How has Gross Margin changed over time?

Over the last 3 years, Zhejiang Oceanking Development Co Ltd’s Gross Margin has decreased from 28.7% to 10.2%. During this period, it reached a low of 10.2% on Oct 30, 2025 and a high of 28.7% on Aug 30, 2022.

Back to Top