Vesync Co Ltd
HKEX:2148

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Vesync Co Ltd
HKEX:2148
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Price: 1 664 HKD 0.24% Market Closed
Market Cap: HK$6.7B

Gross Margin

47%
Current
Improving
by 3.1%
vs 3-y average of 43.8%

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
47%
=
Gross Profit
$306.6m
/
Revenue
$652.6m

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
47%
=
Gross Profit
HK$306.6m
/
Revenue
$652.6m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Vesync Co Ltd
HKEX:2148
6.7B HKD
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JP
Fujitsu General Ltd
TSE:6755
4 282 616.6T JPY
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CN
Midea Group Co Ltd
SZSE:000333
606B CNY
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CN
Haier Smart Home Co Ltd
SSE:600690
241.1B CNY
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CN
Gree Electric Appliances Inc of Zhuhai
SZSE:000651
214.9B CNY
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US
Sharkninja Inc
NYSE:SN
18.3B USD
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IN
LG Electronics India Ltd
NSE:LGEINDIA
1.1T INR
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IT
De' Longhi SpA
MIL:DLG
5.8B EUR
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CN
Hangzhou Greatstar Industrial Co Ltd
SZSE:002444
43.1B CNY
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CN
Ecovacs Robotics Co Ltd
SSE:603486
41B CNY
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CN
Beijing Roborock Technology Co Ltd
SSE:688169
38.4B CNY
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Market Distribution

In line with most companies in the United States of America
Percentile
55th
Based on 12 729 companies
55th percentile
47%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Vesync Co Ltd
Glance View

Market Cap
6.7B HKD
Industry
Consumer products

Vesync Co. Ltd. is an investment holding company, which engages in the design, development, manufacture, and sale of small home appliances and smart home devices. The company is headquartered in Anaheim, California. The company went IPO on 2020-12-18. The firm focuses on the online marketing and sales of self-designed and -developed small home appliances and smart home devices. The small home appliances are categorized into four segments, namely Food Preparation Appliance, Small Cooking Appliances, Small Home Environment Appliances and Personal Care Appliances. The company designs, develops and sells under three brands, such as Levoit for home environment appliances, Etekcity for smart home gadgets, health monitoring devices, outdoor recreation products and personal care products, and Cosori for kitchen appliances and dining ware. The firm develops and sells smart home devices with own mobile app, the VeSync app. The VeSync app enables users to achieve centralized control of smart home devices for home automation experience and it is built on cloud infrastructure incorporating database technologies and data analysis technologies.

Vesync 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
47%
=
Gross Profit
$306.6m
/
Revenue
$652.6m
What is Vesync Co Ltd's current Gross Margin?

The current Gross Margin for Vesync Co Ltd is 47%, which is above its 3-year median of 43.8%.

How has Gross Margin changed over time?

Over the last 3 years, Vesync Co Ltd’s Gross Margin has increased from 38.8% to 47%. During this period, it reached a low of 29% on Dec 31, 2022 and a high of 48.5% on Jun 30, 2024.

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