Nexteer Automotive Group Ltd
HKEX:1316

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Nexteer Automotive Group Ltd
HKEX:1316
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Price: 3.27 HKD -3.82% Market Closed
Market Cap: 8.2B HKD
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Gross Margin
Nexteer Automotive Group Ltd

9.3%
Current
10%
Average
20.6%
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
9.3%
=
Gross Profit
388.7m
/
Revenue
4.2B

Gross Margin Across Competitors

Country US
Market Cap 8.2B HKD
Gross Margin
9%
Country KR
Market Cap 83.5T KRW
Gross Margin
-3%
Country JP
Market Cap 6T JPY
Gross Margin
15%
Country CN
Market Cap 155.3B CNY
Gross Margin
37%
Country KR
Market Cap 22.1T KRW
Gross Margin
13%
Country JP
Market Cap 2.2T JPY
Gross Margin
18%
Country IE
Market Cap 13.8B USD
Gross Margin
19%
Country DE
Market Cap 12.8B EUR
Gross Margin
21%
Country IN
Market Cap 1.1T INR
Gross Margin
46%
Country IN
Market Cap 1T INR
Gross Margin
36%
Country CA
Market Cap 17.4B CAD
Gross Margin
13%
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Nexteer Automotive Group Ltd
Glance View

Market Cap
8.2B HKD
Industry
Auto Components

Nexteer Automotive Group Ltd. stands as a pivotal player in the global automotive industry, wielding its expertise primarily in steering and driveline systems. Nestled in the heart of the automotive supply chain, Nexteer possesses a robust legacy that dates back to its General Motors roots. Spinning off into a standalone entity, Nexteer has firmly planted its feet in the high-stakes domain of advanced steering systems which are instrumental in the dynamics and safety of modern vehicles. With a commitment to innovation, the company engineers solutions that cater to the increasingly sophisticated demands of automotive manufacturers worldwide, paving the way for advancements in electric power steering, advanced driver assistance systems, and steer-by-wire technologies. At its core, Nexteer’s business model thrives on forging strong relationships with automotive giants, becoming an indispensable supplier to some of the most prestigious OEMs globally. Revenue streams gush from the sale and integration of steering columns and components that are ubiquitous in vehicles, ranging from personal automobiles to heavy-duty trucks. This meticulous integration into the supply chain ensures a steady flow of contracts and repeat business, contributing to its profitability. Nexteer’s commitment to research and development enables it to stay at the forefront of technological evolution in the automotive sector, thus ensuring it not only meets but anticipates the needs of its clients. This foresighted approach positions Nexteer not just as a supplier, but as a partner in the journey towards the future of autonomous and electrified mobility.

Intrinsic Value
7.02 HKD
Undervaluation 53%
Intrinsic Value
Price

See Also

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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
9.3%
=
Gross Profit
388.7m
/
Revenue
4.2B
What is the Gross Margin of Nexteer Automotive Group Ltd?

Based on Nexteer Automotive Group Ltd's most recent financial statements, the company has Gross Margin of 9.3%.