Gross Margin - COSCO SHIPPING Development Co Ltd (OTC:CITAY) - Alpha Spread

COSCO SHIPPING Development Co Ltd
OTC:CITAY

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COSCO SHIPPING Development Co Ltd Logo
COSCO SHIPPING Development Co Ltd
OTC:CITAY
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Price: 5.19 USD Market Closed
Market Cap: 3.8B USD
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Gross Margin
COSCO SHIPPING Development Co Ltd

23.6%
Current
29%
Average
19.1%
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
23.6%
=
Gross Profit
5.1B
/
Revenue
21.7B

Gross Margin Across Competitors

Country CN
Market Cap 24.9B CNY
Gross Margin
24%
Country JP
Market Cap 11.3T JPY
Gross Margin
12%
Country JP
Market Cap 10.6T JPY
Gross Margin
16%
Country JP
Market Cap 8.4T JPY
Gross Margin
10%
Country US
Market Cap 52.3B USD
Gross Margin
41%
Country US
Market Cap 49.8B USD
Gross Margin
39%
Country UK
Market Cap 41.6B USD
Gross Margin
30%
Country US
Market Cap 40.7B USD
Gross Margin
45%
Country IN
Market Cap 3.4T INR
Gross Margin
49%
Country UK
Market Cap 24.2B GBP
Gross Margin
75%
Country US
Market Cap 28B EUR
Gross Margin
39%

Profitability Report

View the profitability report to see the full profitability analysis for COSCO SHIPPING Development Co Ltd.

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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
23.6%
=
Gross Profit
5.1B
/
Revenue
21.7B
What is the Gross Margin of COSCO SHIPPING Development Co Ltd?

Based on COSCO SHIPPING Development Co Ltd's most recent financial statements, the company has Gross Margin of 23.6%.