Quectel Wireless Solutions Co Ltd
SSE:603236

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Quectel Wireless Solutions Co Ltd Logo
Quectel Wireless Solutions Co Ltd
SSE:603236
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Price: 71.27 CNY -2.61% Market Closed
Market Cap: 18.6B CNY
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Gross Margin
Quectel Wireless Solutions Co Ltd

18.4%
Current
19%
Average
24.5%
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
18.4%
=
Gross Profit
3.2B
/
Revenue
17.1B

Gross Margin Across Competitors

Country CN
Market Cap 18.9B CNY
Gross Margin
18%
Country US
Market Cap 634.2B USD
Gross Margin
32%
Country US
Market Cap 85.2B USD
Gross Margin
33%
Country TH
Market Cap 1.9T THB
Gross Margin
25%
Country CN
Market Cap 297.8B CNY
Gross Margin
12%
Country US
Market Cap 38.9B USD
Gross Margin
32%
Country TW
Market Cap 1.1T TWD
Gross Margin
32%
Country JP
Market Cap 4.8T JPY
Gross Margin
40%
Country JP
Market Cap 4T JPY
Gross Margin
31%
Country CN
Market Cap 163.4B CNY
Gross Margin
16%
Country US
Market Cap 15B USD
Gross Margin
32%
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Quectel Wireless Solutions Co Ltd
Glance View

Market Cap
18.9B CNY
Industry
Electrical Equipment

Quectel Wireless Solutions Co., Ltd., established in 2009, has rapidly ascended the technological ladder to become a significant player in the IoT (Internet of Things) industry. The company operates at the intersection of modern connectivity solutions, producing an extensive range of modules that enable devices to communicate seamlessly across various wireless technologies such as LTE, 5G, NB-IoT, and GNSS, among others. By embedding its modules into everyday items — from industrial machinery and automobiles to consumer electronics and smart meters — Quectel effectively acts as a backbone for the evolving connected ecosystem. Its core business revolves around providing these cutting-edge modules that serve as the essential building blocks for IoT implementation, thus facilitating the expansion and integration of smart technologies across diverse industries. Revenue generation for Quectel is intrinsically linked to the growth of IoT and smart technologies. The company not only benefits from the direct sale of its wireless modules and related products but also from the strategic alliances and partnerships with businesses across telecommunications, transportation, and industrial sectors. This ecosystem encourages recurring business as companies continue to expand their IoT deployments, demanding newer and more advanced modules. Moreover, Quectel's commitment to research and development allows it to continually innovate and cater to the sophisticated needs of an ever-evolving market. By staying ahead of technological trends and maintaining robust client relationships, Quectel ensures a steady stream of income while concurrently cementing its reputation as an indispensable player in the global IoT landscape.

Intrinsic Value
104.11 CNY
Undervaluation 32%
Intrinsic Value
Price
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
18.4%
=
Gross Profit
3.2B
/
Revenue
17.1B
What is the Gross Margin of Quectel Wireless Solutions Co Ltd?

Based on Quectel Wireless Solutions Co Ltd's most recent financial statements, the company has Gross Margin of 18.4%.