Shandong Pharmaceutical Glass Co Ltd
SSE:600529
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Gross Margin
Shandong Pharmaceutical Glass 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 | 17.7B CNY |
Gross Margin |
30%
|
Country | JP |
Market Cap | 6.8T JPY |
Gross Margin |
86%
|
Country | CH |
Market Cap | 37.6B CHF |
Gross Margin |
55%
|
Country | DK |
Market Cap | 179.6B DKK |
Gross Margin |
68%
|
Country | US |
Market Cap | 15.8B USD |
Gross Margin |
70%
|
Country | CN |
Market Cap | 52B CNY |
Gross Margin |
72%
|
Country | CA |
Market Cap | 6.3B USD |
Gross Margin |
61%
|
Country | KR |
Market Cap | 9.1T KRW |
Gross Margin |
15%
|
Country | US |
Market Cap | 6.2B USD |
Gross Margin |
65%
|
Country | US |
Market Cap | 5.7B USD |
Gross Margin |
47%
|
Country | UK |
Market Cap | 4.5B GBP |
Gross Margin |
56%
|
Shandong Pharmaceutical Glass Co Ltd
Glance View
In the vast landscape of China's industrial might lies Shandong Pharmaceutical Glass Co Ltd., a company serving as a key player in the healthcare and pharmaceutical sectors. Established in 1970, the company has developed a reputation as a leading manufacturer and supplier of pharmaceutical packaging, particularly glass containers. It specializes in producing molded glass and glass tubing that form the backbone of safe and reliable drug delivery systems, including ampoules, vials, and cartridges. Over the decades, Shandong Pharmaceutical Glass Co Ltd. has leveraged its expertise in glass manufacturing to meet stringent industry standards and cater to the ever-evolving needs of its clients, ranging from pharmaceutical giants to smaller biotech firms. At the heart of its business model, Shandong Pharmaceutical Glass generates revenue by providing essential packaging solutions that are integral to the pharmaceutical supply chain. The company's success hinges on its ability to innovate and produce high-quality, durable glass products that ensure the integrity and safety of medicinal products during storage, transportation, and administration. With the rising global demand for pharmaceuticals, particularly in Asia Pacific markets, Shandong Pharmaceutical Glass's focus on sustainable, efficient, and technologically advanced manufacturing processes positions it strategically to capitalize on growth opportunities. By embedding itself in the pharmaceutical lifecycle, the company not only safeguards medications but also fortifies its own standing in a rapidly expanding 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 Shandong Pharmaceutical Glass Co Ltd's most recent financial statements, the company has Gross Margin of 29.9%.