Henan Pinggao Electric Co Ltd
SSE:600312
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Gross Margin
Henan Pinggao Electric 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 | CN |
Market Cap | 26.7B CNY |
Gross Margin |
23%
|
Country | CN |
Market Cap | 1.2T CNY |
Gross Margin |
25%
|
Country | FR |
Market Cap | 133.9B EUR |
Gross Margin |
42%
|
Country | IE |
Market Cap | 134.6B USD |
Gross Margin |
38%
|
Country | CH |
Market Cap | 90.4B CHF |
Gross Margin |
37%
|
Country | US |
Market Cap | 70.8B USD |
Gross Margin |
51%
|
Country | KR |
Market Cap | 83.8T KRW |
Gross Margin |
14%
|
Country | US |
Market Cap | 45B USD |
Gross Margin |
36%
|
Country | US |
Market Cap | 42.5B USD |
Gross Margin |
36%
|
Country | BR |
Market Cap | 233B BRL |
Gross Margin |
34%
|
Country | US |
Market Cap | 32.9B USD |
Gross Margin |
39%
|
Henan Pinggao Electric Co Ltd
Glance View
In the bustling heartland of China's Henan province, Henan Pinggao Electric Co Ltd stands as a testament to the strength and expertise of the nation's heavy industrial sector. Established in the mid-1970s during a period that championed China's industrial ingenuity, Pinggao Electric has carved a vital niche in the power transmission and distribution sector. The company specializes in designing and manufacturing high-voltage switchgear, leading the charge with its offerings critical to the infrastructural backbone. These products are essential in controlling and protecting the stability of power grids, making the company a key player in ensuring that the lights stay on and industries hum. Their switchgear is not only used across China but also finds markets beyond, showcasing a blend of traditional engineering ethos with modern technological innovation. Pinggao's revenue engine is powered by its ability to seamlessly integrate into both national grid projects and international markets, driven by China's push to bolster their infrastructure and promote renewable energy sources. With a robust portfolio that includes gas-insulated switchgear, circuit breakers, and transformers, the company taps into large-scale projects funded by governmental incentives and partnerships with global electrical giants. The intricacies of their supply chain and their scale allow Pinggao to maintain competitive pricing while ensuring high-quality standards—a true feat in today's fast-evolving electrical marketplace. Their agility in adapting to new technologies and compliance with rigorous environmental standards also amplifies their growth, positioning them as stalwarts in an industry undergoing rapid modernization and expansion.
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 Henan Pinggao Electric Co Ltd's most recent financial statements, the company has Gross Margin of 23.4%.