Kia Corp
KRX:000270
Gross Margin
Kia Corp
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 Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| KR |
|
Kia Corp
KRX:000270
|
35.7T KRW |
23%
|
|
| US |
|
Tesla Inc
NASDAQ:TSLA
|
920.5B USD |
18%
|
|
| JP |
|
Toyota Motor Corp
TSE:7203
|
36.5T JPY |
20%
|
|
| CN |
|
BYD Co Ltd
SZSE:002594
|
1T CNY |
17%
|
|
| IT |
|
Ferrari NV
MIL:RACE
|
77.5B EUR |
50%
|
|
| DE |
|
Mercedes Benz Group AG
MIL:MBG
|
75.3B EUR |
23%
|
|
| DE |
|
Daimler AG
XETRA:DAI
|
67.5B EUR |
23%
|
|
| DE |
V
|
Volkswagen AG
XETRA:VOW
|
50.5B EUR |
19%
|
|
| DE |
|
Mercedes-Benz Group AG
XETRA:MBG
|
48.6B EUR |
20%
|
|
| DE |
|
Bayerische Motoren Werke AG
XETRA:BMW
|
47.5B EUR |
16%
|
|
| DE |
|
Dr Ing hc F Porsche AG
XETRA:P911
|
42.8B EUR |
29%
|
Kia Corp
Glance View
Kia Corporation, rooted in South Korea, has journeyed from a humble beginning as a bicycle manufacturer in 1944 to becoming a formidable player in the global automotive industry. Its story unfolds as one of transformation and strategic pivoting. In the late 20th century, Kia faced financial turmoil, yet its merger with Hyundai Motor Company steered it toward a path of resilience and innovation. This alliance bolstered its engineering capabilities and expanded its global reach, ushering in a new era where style, efficiency, and affordability became its hallmark. The company's product lineup ranges from compact hatchbacks to electric vehicles, appealing to a diverse customer base with varying preferences and environmental considerations. Kia operates on a global scale, using a network of production facilities and an extensive supply chain. Its core business model revolves around the mass production of vehicles, leveraging economies of scale to keep costs low and margins manageable. By prioritizing research and development, Kia constantly evolves its product offerings to meet consumer demands and comply with stringent emission regulations. The profitability of Kia is heavily derived from vehicle sales, complemented by a robust after-sale service network that helps foster brand loyalty and consumer satisfaction. Additionally, Kia is investing in future technologies such as electric and autonomous vehicles, positioning itself at the forefront of the evolving automotive landscape. Through progressive design, commitment to quality, and strategic global partnerships, Kia continues to craft its narrative as a modern automotive contender.
See Also
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.
Based on Kia Corp's most recent financial statements, the company has Gross Margin of 23.1%.
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