C

China Aerospace Times Electronics Co Ltd
SSE:600879

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China Aerospace Times Electronics Co Ltd
SSE:600879
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Price: 9.15 CNY 0.55% Market Closed
Market Cap: 30.2B CNY
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Gross Margin
China Aerospace Times Electronics Co Ltd

21.9%
Current
20%
Average
29.9%
Industry

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
21.9%
=
Gross Profit
3.3B
/
Revenue
15B

Gross Margin Across Competitors

Country CN
Market Cap 30.4B CNY
Gross Margin
22%
Country US
Market Cap 155.5B USD
Gross Margin
19%
Country US
Market Cap 154.9B USD
Gross Margin
19%
Country US
Market Cap 134B USD
Gross Margin
3%
Country NL
Market Cap 121.5B EUR
Gross Margin
15%
Country US
Market Cap 115.2B USD
Gross Margin
12%
Country FR
Market Cap 88.2B EUR
Gross Margin
25%
Country US
Market Cap 73.2B USD
Gross Margin
59%
Country US
Market Cap 73.1B USD
Gross Margin
16%
Country US
Market Cap 68.7B USD
Gross Margin
17%
Country UK
Market Cap 49B GBP
Gross Margin
23%
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China Aerospace Times Electronics Co Ltd
Glance View

Market Cap
30.2B CNY
Industry
Aerospace & Defense

China Aerospace Times Electronics Co Ltd, a significant subsidiary under the larger umbrella of China Aerospace Science and Technology Corporation (CASC), operates at the intersection of technology and ambition. This company has paved its path by weaving through the intricacies of aerospace and electronic engineering, securing its stance as a pivotal player in the aerospace and defense sectors. Headquartered in Beijing, it is imbued with a mission to harness technology for national security and domestic advancements. Its operations revolve around the research, development, and production of a range of high-tech products, primarily focused on aerospace electronics, information products, and relevant services. This commitment manifests in its contributions to some of China's most ambitious space projects, including the Shenzhou spacecraft and the Tianzhou cargo ship. The company's business model banks on a synergy of government contracts and the expanding commercial space sector, both domestically and internationally. Government contracts form a bedrock of consistent revenue, given China's heavy investment in space and defense. The electronics manufactured are critical components for various aerospace systems, playing a vital role in guidance, navigation, and control systems. Beyond state projects, China Aerospace Times Electronics has been expanding its reach into commercial ventures, adapting its cutting-edge technology for civil use, including telecommunications networks and data processing services. By fostering innovation and maintaining a strategic alignment with China's broader national goals, this company not only fuels its own growth but also contributes significantly to the nation's technological prowess on the global stage.

Intrinsic Value
11.96 CNY
Undervaluation 23%
Intrinsic Value
Price
C

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What is Gross Margin?

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
21.9%
=
Gross Profit
3.3B
/
Revenue
15B
What is the Gross Margin of China Aerospace Times Electronics Co Ltd?

Based on China Aerospace Times Electronics Co Ltd's most recent financial statements, the company has Gross Margin of 21.9%.