Asian Star Anchor Chain Co Ltd Jiangsu
SSE:601890
Gross Margin
Asian Star Anchor Chain Co Ltd Jiangsu
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 |
|
Asian Star Anchor Chain Co Ltd Jiangsu
SSE:601890
|
8.1B CNY |
30%
|
|
| JP |
I
|
Ishii Iron Works Co Ltd
TSE:6362
|
304.2T JPY |
28%
|
|
| US |
|
Parker-Hannifin Corp
NYSE:PH
|
76.9B USD |
36%
|
|
| SE |
|
Atlas Copco AB
STO:ATCO A
|
750.8B SEK |
43%
|
|
| US |
|
Illinois Tool Works Inc
NYSE:ITW
|
70.6B USD |
44%
|
|
| JP |
|
Mitsubishi Heavy Industries Ltd
TSE:7011
|
9.5T JPY |
21%
|
|
| US |
|
Otis Worldwide Corp
NYSE:OTIS
|
37B USD |
30%
|
|
| CH |
|
Schindler Holding AG
SIX:SCHP
|
29.7B CHF |
22%
|
|
| US |
|
Ingersoll Rand Inc
NYSE:IR
|
30.1B USD |
44%
|
|
| FI |
K
|
Kone Oyj
OMXH:KNEBV
|
26.2B EUR |
21%
|
|
| US |
|
Xylem Inc
NYSE:XYL
|
28.2B USD |
38%
|
Asian Star Anchor Chain Co Ltd Jiangsu
Glance View
Tucked away in the industrial hub of Jiangsu province, Asian Star Anchor Chain Co., Ltd. unfurls its legacy as a titan of the maritime and marine equipment sector. Established with a vision anchored in resilience, the company has flourished amidst the region's competitive landscape by mastering the art of crafting high-quality chains. From anchor chains that tether colossal vessels to mooring chains that ensure stability in tempestuous waters, Asian Star has built an indomitable reputation. This enterprise artfully marries advanced metallurgy with rigorous quality control, ensuring their products meet stringent international standards. The secret to their success lies not just in the acres of manufacturing yards, abuzz with the clatter of heavy machinery, but also in an unwavering commitment to innovation in production processes and materials. Asian Star's revenue streams are buoyed by a steady demand from shipbuilders, offshore drilling firms, and even sectors far removed from the sea, such as mining and heavy industry. By offering a diverse portfolio that includes not only the more ubiquitous welded stud links but also specialty chains crafted for bespoke specifications, the company strategically places itself at the helm of multiple industries. With global shipping lines increasingly scrutinizing the quality and durability of their equipment, Asian Star leverages stringent safety certifications to deepen its penetration into international markets. The company’s robust export operations, coupled with a strategic penchant for forming partnerships with global distribution networks, ensure that its chains encircle the world. This shrewd blend of operational excellence and diversified market engagement continues to anchor Asian Star's prosperity in a turbulent global economy.
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 Asian Star Anchor Chain Co Ltd Jiangsu's most recent financial statements, the company has Gross Margin of 30%.
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