Zhejiang Meilun Elevator Co Ltd
SSE:603321

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Zhejiang Meilun Elevator Co Ltd Logo
Zhejiang Meilun Elevator Co Ltd
SSE:603321
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Price: 7.89 CNY -0.25% Market Closed
Market Cap: ¥2.8B

Gross Margin

23.1%
Current
Declining
by 2.6%
vs 3-y average of 25.6%

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
23.1%
=
Gross Profit
¥169.4m
/
Revenue
¥734.5m

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
23.1%
=
Gross Profit
¥169.4m
/
Revenue
¥734.5m

Peer Comparison

Country Company Market Cap Gross
Margin
CN
Zhejiang Meilun Elevator Co Ltd
SSE:603321
2.8B CNY
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JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY
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US
Parker-Hannifin Corp
NYSE:PH
123.3B USD
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JP
Freund Corp
TSE:6312
16.9T JPY
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JP
Mitsubishi Heavy Industries Ltd
TSE:7011
16.2T JPY
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SE
Atlas Copco AB
STO:ATCO A
909.2B SEK
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US
Illinois Tool Works Inc
NYSE:ITW
85.1B USD
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US
Barnes Group Inc
NYSE:B
74.2B USD
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SE
Sandvik AB
STO:SAND
467.1B SEK
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CH
Schindler Holding AG
SIX:SCHP
33.2B CHF
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JP
Fanuc Corp
TSE:6954
6.1T JPY
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Market Distribution

In line with most companies in China
Percentile
50th
Based on 8 314 companies
50th percentile
23.1%
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 Meilun Elevator Co Ltd
Glance View

Market Cap
2.8B CNY
Industry
Machinery

Zhejiang Meilun Elevator Co., Ltd. engages in the research, development, design, manufacture, and sale, of elevators, escalators, and automatic sidewalks. The company is headquartered in Shaoxing, Zhejiang and currently employs 602 full-time employees. The company went IPO on 2017-09-15. The firm's primary products include elevators, escalators, moving walkways and related ancillary products. The elevators mainly include passenger lifts, sightseeing elevators, bed elevators, cargo elevators, hydraulic elevators, car elevators, home ladders and three-dimensional garage. The firm is also involved in the provision of relevant installation, retrofit, repair and maintenance services. The firm mainly operates its business in the domestic market.

Zhejiang Meilun Elevator 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
23.1%
=
Gross Profit
¥169.4m
/
Revenue
¥734.5m
What is Zhejiang Meilun Elevator Co Ltd's current Gross Margin?

The current Gross Margin for Zhejiang Meilun Elevator Co Ltd is 23.1%, which is below its 3-year median of 25.6%.

How has Gross Margin changed over time?

Over the last 3 years, Zhejiang Meilun Elevator Co Ltd’s Gross Margin has increased from 22.1% to 23.1%. During this period, it reached a low of 21.7% on Dec 31, 2022 and a high of 28.7% on Dec 31, 2024.

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