Nexteer Automotive Group Ltd
HKEX:1316

Watchlist Manager
Nexteer Automotive Group Ltd Logo
Nexteer Automotive Group Ltd
HKEX:1316
Watchlist
Price: 3.97 HKD -0.25% Market Closed
Market Cap: 10B HKD

Gross Margin
Nexteer Automotive Group Ltd

9.3%
Current
10%
Average
20.5%
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
9.3%
=
Gross Profit
388.7m
/
Revenue
4.2B

Gross Margin Across Competitors

Nexteer Automotive Group Ltd
Glance View

Market Cap
10B 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 43%
Intrinsic Value
Price
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%.

Back to Top