Chifeng Jilong Gold Mining Co Ltd
SSE:600988
Gross Margin
Chifeng Jilong Gold Mining 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 | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CN |
|
Chifeng Jilong Gold Mining Co Ltd
SSE:600988
|
44.4B CNY |
39%
|
|
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD |
62%
|
|
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
363.4B Zac |
45%
|
|
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
177.8B Zac |
31%
|
|
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
469.1B CNY |
20%
|
|
| US |
|
Newmont Corporation
NYSE:NEM
|
60.6B USD |
54%
|
|
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
82.7B CAD |
66%
|
|
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
51.5B CAD |
62%
|
|
| CA |
|
Barrick Gold Corp
TSX:ABX
|
46B CAD |
38%
|
|
| CA |
|
Franco-Nevada Corp
TSX:FNV
|
45.6B CAD |
68%
|
|
| ZA |
D
|
DRDGOLD Ltd
JSE:DRD
|
24.1B Zac |
33%
|
Chifeng Jilong Gold Mining Co Ltd
Glance View
Chifeng Jilong Gold Mining Co., Ltd., based in the mineral-rich region of inner Mongolia, is a prominent player in the global gold mining landscape, adeptly weaving the narrative of an ancient industry with modern precision. This company has carved out its niche by efficiently extracting, processing, and trading gold, navigating the complexities of this volatile market with an astute business acumen. Through its operations, it spans the entire mining lifecycle, from exploration to refining, ensuring that it maximizes the value at each stage. The heart of its operations beats at its flagship mines, where advanced technology meets robust environmental practices, aiming to extract the precious metal with the utmost respect to the surrounding ecosystem. In an industry often marred by instability, Chifeng Jilong differentiates itself with a resilient operational model that emphasizes both productivity and sustainability. The revenue model of Chifeng Jilong is intricately tied to the fluctuating fortunes of the gold market. By producing gold in significant quantities, it not only leverages the direct sale of gold but also positions itself favorably amidst changing commodity prices, enhancing profitability through strategic hedging and trading. Its expansion strategy isn't just confined to geographical growth but includes refining technological expertise and environmental stewardship, making them not just miners, but custodians of natural and human resources. Partnerships and collaborations further bolster its standing, enabling the company to explore new terrains and technologies. By spinning these golden threads into a comprehensive business strategy, Chifeng Jilong ensures its prospects remain as dazzling as the metal it extracts, reflecting both in its market share and its global reputation.
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 Chifeng Jilong Gold Mining Co Ltd's most recent financial statements, the company has Gross Margin of 39.1%.
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