Ningbo Tuopu Group Co Ltd
SSE:601689
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Ningbo Tuopu Group Co Ltd
Operating Margin
Ningbo Tuopu Group Co Ltd
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | CN |
| Market Cap | 86B CNY |
| Operating Margin |
13%
|
| Country | KR |
| Market Cap | 83.5T KRW |
| Operating Margin |
-63%
|
| Country | JP |
| Market Cap | 6.4T JPY |
| Operating Margin |
6%
|
| Country | CN |
| Market Cap | 160.9B CNY |
| Operating Margin |
21%
|
| Country | KR |
| Market Cap | 21.4T KRW |
| Operating Margin |
5%
|
| Country | JP |
| Market Cap | 2.2T JPY |
| Operating Margin |
6%
|
| Country | IE |
| Market Cap | 14.2B USD |
| Operating Margin |
10%
|
| Country | DE |
| Market Cap | 13B EUR |
| Operating Margin |
4%
|
| Country | IN |
| Market Cap | 1.1T INR |
| Operating Margin |
6%
|
| Country | CA |
| Market Cap | 17.5B CAD |
| Operating Margin |
5%
|
| Country | IN |
| Market Cap | 1T INR |
| Operating Margin |
11%
|
Ningbo Tuopu Group Co Ltd
Glance View
In the bustling industrial realms of China, Ningbo Tuopu Group Co Ltd has carved a significant niche for itself as a pivotal player in the automotive component industry. Established in the dynamic city of Ningbo, this company has steadily evolved from its humble beginnings into a sophisticated powerhouse, supplying a diverse range of automotive components across global markets. Specializing in the manufacturing of rubber and plastic automotive parts, the group's prowess lies in its vertically integrated operations, which encompass everything from research and development to production and sales. This holistic approach enables the company to maintain stringent quality control and offers cost efficiencies that are attractive to some of the world's leading automotive manufacturers. Ningbo Tuopu's primary revenue stream flows from its contracts with global automotive giants, allowing them to contribute critical parts such as chassis, powertrains, and noise reduction components essential for modern vehicles. The company's commitment to innovation is evident in its substantial investment in R&D, focused on developing cutting-edge solutions that cater to new automotive trends like electrification and automation. By aligning its product offerings with the evolving demands of the automotive market, Ningbo Tuopu not only fortifies its position in the industry but also ensures a robust growth trajectory. With a keen understanding of market dynamics and an ever-expanding global footprint, the company has effectively positioned itself at the forefront of the next generation of automotive innovations.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Ningbo Tuopu Group Co Ltd's most recent financial statements, the company has Operating Margin of 13.3%.
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