Nongshim Co Ltd
KRX:004370
Gross Margin
Nongshim Co Ltd
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 |
|
Nongshim Co Ltd
KRX:004370
|
2.4T KRW |
28%
|
|
| JP |
G
|
Goyo Foods Industry Co Ltd
TSE:2230
|
53.2T JPY |
34%
|
|
| CH |
|
Nestle SA
SIX:NESN
|
232.2B CHF |
47%
|
|
| US |
|
Mondelez International Inc
NASDAQ:MDLZ
|
89.2B USD |
39%
|
|
| FR |
|
Danone SA
PAR:BN
|
45.6B EUR |
50%
|
|
| ZA |
T
|
Tiger Brands Ltd
JSE:TBS
|
42.7B Zac |
28%
|
|
| US |
|
Kraft Heinz Co
NASDAQ:KHC
|
36.1B USD |
35%
|
|
| US |
|
Hershey Co
NYSE:HSY
|
34.4B USD |
47%
|
|
| US |
|
General Mills Inc
NYSE:GIS
|
32.4B USD |
35%
|
|
| CN |
|
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
|
227.3B CNY |
35%
|
|
| CH |
|
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
|
26.6B CHF |
65%
|
Nongshim Co Ltd
Glance View
In the bustling heart of South Korea's food industry lies Nongshim Co Ltd, a titan that has long been at the forefront of the instant noodle market. Founded in 1965, Nongshim has woven itself into the fabric of South Korean culinary life, propelled by its flagship product, Shin Ramyun. With its spicy flavor capturing palates worldwide, the company has deftly transformed humble noodles into a global sensation. The key to Nongshim's success is an unwavering commitment to quality and innovation, rooted in traditional flavors but constantly experimenting with contemporary tastes and preferences. Leveraging a robust distribution network, Nongshim ensures its products are readily available in supermarkets, convenience stores, and online platforms, reaching consumers on a global scale. Yet, Nongshim's operations extend beyond just instant noodles. The company has diversified into producing snacks, bottled water, and instant rice products, each contributing to its revenue stream. By tapping into the increased demand for convenience foods fuelled by changing lifestyles, Nongshim continues to expand its market presence. Through strategic marketing initiatives, including partnerships and targeted advertising, the company maintains a strong brand image and loyalty among consumers. Furthermore, Nongshim's commitment to sustainable practices and quality control assures its products meet global standards, appealing to health-conscious customers and strengthening its position in the competitive food industry.
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 Nongshim Co Ltd's most recent financial statements, the company has Gross Margin of 28.1%.
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