China United Network Communications Ltd
SSE:600050
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China United Network Communications Ltd
Gross Margin
China United Network Communications 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 | CN |
| Market Cap | 170.8B CNY |
| Gross Margin |
25%
|
| Country | US |
| Market Cap | 259.7B USD |
| Gross Margin |
64%
|
| Country | CN |
| Market Cap | 1.6T CNY |
| Gross Margin |
29%
|
| Country | ZA |
| Market Cap | 197B Zac |
| Gross Margin |
62%
|
| Country | ZA |
| Market Cap | 169.7B Zac |
| Gross Margin |
69%
|
| Country | IN |
| Market Cap | 9.1T INR |
| Gross Margin |
67%
|
| Country | JP |
| Market Cap | 13.4T JPY |
| Gross Margin |
52%
|
| Country | JP |
| Market Cap | 10.5T JPY |
| Gross Margin |
42%
|
| Country | JP |
| Market Cap | 9.5T JPY |
| Gross Margin |
48%
|
| Country | MX |
| Market Cap | 907.6B MXN |
| Gross Margin |
43%
|
| Country | TH |
| Market Cap | 859.5B THB |
| Gross Margin |
36%
|
China United Network Communications Ltd
Glance View
China United Network Communications Ltd., more commonly known as China Unicom, stands as one of the key players in China's telecommunications landscape. Founded as part of China's strategic effort to modernize and expand its telecommunications infrastructure, China Unicom has grown into a colossal entity that operates extensively across mobile, fixed-line, and broadband services. The company provides these services through a network that covers all of China, leveraging cutting-edge technologies like 5G to offer robust communication solutions. Whether in sprawling metropolises or distant rural corners, China Unicom's expansive network forms the backbone of digital connectivity for countless individuals and businesses. The company's revenue streams intertwine through its diverse service offerings. China Unicom earns its keep by providing mobile telecom services, which include voice, data, and value-added services such as content distribution and mobile payments. Additionally, broadband internet services contribute significantly to its financial health, catering to both residential and commercial clients. Furthermore, the corporation capitalizes on the rapidly expanding demand for data centers and cloud services, affirming its presence in the digital transformation of various industries. By focusing on innovation and investing in infrastructure development, China Unicom not only furthers its own growth ambitions but also supports China's broader economic and technological advancement narrative.
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 China United Network Communications Ltd's most recent financial statements, the company has Gross Margin of 24.7%.
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