Qianhe Condiment and Food Co Ltd
SSE:603027
Gross Margin
Qianhe Condiment and Food 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 |
|
Qianhe Condiment and Food Co Ltd
SSE:603027
|
11.7B CNY |
35%
|
|
| JP |
G
|
Goyo Foods Industry Co Ltd
TSE:2230
|
53.2T JPY |
34%
|
|
| CH |
|
Nestle SA
SIX:NESN
|
231B CHF |
47%
|
|
| US |
|
Mondelez International Inc
NASDAQ:MDLZ
|
87.1B USD |
39%
|
|
| FR |
|
Danone SA
PAR:BN
|
45.4B EUR |
50%
|
|
| ZA |
T
|
Tiger Brands Ltd
JSE:TBS
|
43.5B Zac |
28%
|
|
| US |
|
Kraft Heinz Co
NASDAQ:KHC
|
36B USD |
35%
|
|
| US |
|
Hershey Co
NYSE:HSY
|
33.2B USD |
47%
|
|
| US |
|
General Mills Inc
NYSE:GIS
|
32.4B USD |
35%
|
|
| CN |
|
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
|
225.2B CNY |
35%
|
|
| CH |
|
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
|
26.8B CHF |
65%
|
Qianhe Condiment and Food Co Ltd
Glance View
In the bustling corridors of the food industry, Qianhe Condiment and Food Co Ltd stands as a testament to innovation blended with tradition. Established in the rich culinary landscape of China, Qianhe has carved a distinctive niche in the condiment market, known primarily for its expertise in soy sauce production. Rooted in time-honored fermentation processes, the company harmonizes ancient recipes with modern production techniques, ensuring a balance of flavor and quality that appeals to the palates of both local and international consumers. Their manufacturing prowess is amplified by state-of-the-art facilities that prioritize sustainability and efficiency, reflecting a commitment to environmental stewardship while maintaining rigorous quality standards. At the heart of Qianhe's financial engine is its diverse product portfolio, which extends beyond soy sauce to include vinegar, fermented bean curd, and a variety of other condiments. By leveraging strategic distribution networks and partnerships both domestically and abroad, the company has managed to amplify its market reach, meeting the rising global demand for culinary authenticity. Their revenue streams are bolstered by a keen understanding of consumer trends, notably the increasing preference for natural and health-conscious food choices. This profound insight into customer preferences, coupled with a robust supply chain, allows Qianhe to maintain its stature as a market leader, driving continuous growth and expansion within the competitive realm of the food industry.
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 Qianhe Condiment and Food Co Ltd's most recent financial statements, the company has Gross Margin of 35.3%.
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