Zhejiang China Commodities City Group Co Ltd
SSE:600415
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Gross Margin
Zhejiang China Commodities City Group 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 | 76.1B CNY |
Gross Margin |
29%
|
Country | DE |
Market Cap | 24.2B EUR |
Gross Margin |
-209%
|
Country | PH |
Market Cap | 715.6B PHP |
Gross Margin |
85%
|
Country | HK |
Market Cap | 92.7B HKD |
Gross Margin |
71%
|
Country | SG |
Market Cap | 13.3B SGD |
Gross Margin |
45%
|
Country | BM |
Market Cap | 9.8B USD |
Gross Margin |
36%
|
Country | IL |
Market Cap | 35.3B ILS |
Gross Margin |
70%
|
Country | DE |
Market Cap | 9.2B EUR |
Gross Margin |
60%
|
Country | SE |
Market Cap | 105.5B SEK |
Gross Margin |
82%
|
Country | CH |
Market Cap | 7.5B CHF |
Gross Margin |
77%
|
Country | CN |
Market Cap | 64.4B HKD |
Gross Margin |
32%
|
Zhejiang China Commodities City Group Co Ltd
Glance View
Zhejiang China Commodities City Group Co., Ltd. emerged from the bustling streets of Yiwu, known globally as a vibrant hub for small commodities trading. Founded amidst China's booming economic transformation, the company managed to transform a simple trading market into the world's largest small commodities wholesale market. It operates the Yiwu International Trade City, a sprawling complex filled with thousands of vendors offering everything from electronics to textiles. This marketplace is not just a physical conglomeration of vendors but functions as a dynamic ecosystem facilitating global trade connections. The company's immense scale and strategic positioning in one of the world's most crucial manufacturing regions allow it to attract a wide array of merchants and buyers, fostering robust trade relationships worldwide. Zhejiang China Commodities City Group generates revenue primarily by leasing retail spaces within its massive market complex. Vendors flock to these spaces, drawn by the promise of traffic from international buyers looking for direct access to China's manufacturing prowess. In addition to rental income, the company taps into logistics and supply chain services, offering value-added services like warehousing and transportation to ease the trading process for merchants. The group also invests in digital platforms to extend its reach, enabling it to match the traditional brick-and-mortar experience with modern e-commerce solutions. By blending physical and digital marketplaces, the group ensures a steady flow of revenue while positioning itself for continued growth in the ever-evolving global trade landscape.
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 Zhejiang China Commodities City Group Co Ltd's most recent financial statements, the company has Gross Margin of 29%.