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Zhejiang Meida Industrial Co Ltd
SZSE:002677

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Zhejiang Meida Industrial Co Ltd Logo
Zhejiang Meida Industrial Co Ltd
SZSE:002677
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Price: 9.05 CNY Market Closed
Updated: May 29, 2024

Gross Margin
Zhejiang Meida Industrial Co Ltd

45.6%
Current
48%
Average
31.5%
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
45.6%
=
Gross Profit
732.7m
/
Revenue
1.6B

Gross Margin Across Competitors

Country CN
Market Cap 5.8B CNY
Gross Margin
46%
Country CN
Market Cap 470.9B CNY
Gross Margin
27%
Country CN
Market Cap 284.6B CNY
Gross Margin
31%
Country CN
Market Cap 226.2B CNY
Gross Margin
30%
Country US
Market Cap 10.4B USD
Gross Margin
45%
Country CN
Market Cap 55.7B CNY
Gross Margin
22%
Country CN
Market Cap 54.7B CNY
Gross Margin
55%
Country FR
Market Cap 6.3B EUR
Gross Margin
40%
Country CN
Market Cap 42.3B CNY
Gross Margin
25%
Country IT
Market Cap 4.9B EUR
Gross Margin
55%
Country US
Market Cap 4.8B USD
Gross Margin
16%

Profitability Report

View the profitability report to see the full profitability analysis for Zhejiang Meida Industrial Co Ltd.

See Also

Discover More
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
45.6%
=
Gross Profit
732.7m
/
Revenue
1.6B
What is the Gross Margin of Zhejiang Meida Industrial Co Ltd?

Based on Zhejiang Meida Industrial Co Ltd's most recent financial statements, the company has Gross Margin of 45.6%.