Shanghai Foreign Service Holding Group Co Ltd
SSE:600662
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Gross Margin
Shanghai Foreign Service Holding 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 | 12B CNY |
| Gross Margin |
9%
|
| Country | JP |
| Market Cap | 3 854 332.4T JPY |
| Gross Margin |
18%
|
| Country | JP |
| Market Cap | 18.5T JPY |
| Gross Margin |
58%
|
| Country | US |
| Market Cap | 11.5B EUR |
| Gross Margin |
39%
|
| Country | US |
| Market Cap | 7.4B USD |
| Gross Margin |
39%
|
| Country | NL |
| Market Cap | 6.9B EUR |
| Gross Margin |
20%
|
| Country | US |
| Market Cap | 4.4B USD |
| Gross Margin |
20%
|
| Country | CH |
| Market Cap | 3.7B CHF |
| Gross Margin |
20%
|
| Country | CN |
| Market Cap | 3.9B EUR |
| Gross Margin |
62%
|
| Country | US |
| Market Cap | 3.8B USD |
| Gross Margin |
29%
|
| Country | US |
| Market Cap | 3.7B USD |
| Gross Margin |
34%
|
Shanghai Foreign Service Holding Group Co Ltd
Glance View
Shanghai Foreign Service Holding Group Co Ltd, commonly known as FSG, stands tall as a pioneer in the human resources industry in China. With its roots dating back to the early 1980s, FSG emerged at a time when China's economic landscape was opening up to the world. The company seized the opportunity to bridge the gap between a burgeoning demand for skilled labor and the influx of foreign enterprises that were setting up shop in Shanghai and beyond. Operating as a comprehensive HR service provider, FSG has strategically positioned itself to cater to a diverse clientele, offering services that range from talent recruitment and training to payroll management and outsourcing solutions. This multifaceted approach allowed FSG to not only generate revenue through service fees and consultancy charges but also build a robust network of partnerships with both multinational corporations and domestic enterprises. What differentiates FSG is its adeptness at customizing its solutions to meet the unique needs of its clients, powered by an in-depth understanding of China's regulatory and cultural workspace. This adaptability is evident in its vast portfolio, which includes sectors like finance, technology, and manufacturing. As FSG expanded, it embraced digitalization to enhance its service delivery, investing in state-of-the-art HR management systems that streamline operations for their clients. By capitalizing on technological advancements, FSG not only improved operational efficiency but also increased its market share, by offering innovative services such as workforce analytics and strategic HR planning. The company's ability to evolve with the economic tides and foresee market trends has enabled it to sustain its profitability and solidify its position as a leader in China's dynamic HR 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 Shanghai Foreign Service Holding Group Co Ltd's most recent financial statements, the company has Gross Margin of 9.1%.
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