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Jiangsu Broadcasting Cable Information Network Corp Ltd
SSE:600959

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Jiangsu Broadcasting Cable Information Network Corp Ltd
SSE:600959
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Price: 3.2 CNY 0.95% Market Closed
Market Cap: 16B CNY
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Gross Margin
Jiangsu Broadcasting Cable Information Network Corp Ltd

22.4%
Current
26%
Average
44.3%
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
22.4%
=
Gross Profit
1.8B
/
Revenue
7.8B

Gross Margin Across Competitors

Country CN
Market Cap 16B CNY
Gross Margin
22%
Country US
Market Cap 26.3B USD
Gross Margin
34%
Country US
Market Cap 22.8B USD
Gross Margin
36%
Country US
Market Cap 7.3B USD
Gross Margin
34%
Country US
Market Cap 5.1B USD
Gross Margin
58%
Country LU
Market Cap 4.2B EUR
Gross Margin
57%
Country JP
Market Cap 669.5B JPY
Gross Margin
34%
Country JP
Market Cap 637.3B JPY
Gross Margin
32%
Country UK
Market Cap 2.9B GBP
Gross Margin
0%
Country SA
Market Cap 12.8B SAR
Gross Margin
29%
Country US
Market Cap 3B USD
Gross Margin
42%
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Jiangsu Broadcasting Cable Information Network Corp Ltd
Glance View

Market Cap
16B CNY
Industry
Media

Jiangsu Broadcasting Cable Information Network Corp Ltd, rooted in the vibrant province of Jiangsu, China, operates as a crucial node in the country's communications infrastructure. It serves as the backbone for delivering cable television and a suite of digital services to a populous region, where connectivity is as much a commodity as it is a necessity. This company leverages an expansive network of cable services to transcend traditional broadcast boundaries, enabling the delivery of digital television, broadband internet, and an assortment of interactive value-added services. A reflection of China’s rapid technological advancement, Jiangsu Broadcasting Cable not only provides traditional broadcasting services but also innovatively taps into the realms of internet protocol television (IPTV) and hybrid digital media platforms. Beyond the primary revenue streams generated from subscription fees for cable television and internet services, the company astutely navigates the digital advertising domain and content distribution partnerships. Jiangsu Broadcasting Cable enhances its financial muscle through strategic alliances with content creators and other media entities, offering a diverse array of entertainment and information services. By sustaining a competitive edge through digital transformation initiatives and the continuous enhancement of network capabilities, the company smartly capitalizes on consumer demand for high-speed internet and a multi-channel viewing experience. This dual focus on infrastructure and service diversification positions Jiangsu Broadcasting Cable as an influential player in China's dynamic communications landscape.

Intrinsic Value
1.92 CNY
Overvaluation 40%
Intrinsic Value
Price
J
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
22.4%
=
Gross Profit
1.8B
/
Revenue
7.8B
What is the Gross Margin of Jiangsu Broadcasting Cable Information Network Corp Ltd?

Based on Jiangsu Broadcasting Cable Information Network Corp Ltd's most recent financial statements, the company has Gross Margin of 22.4%.