Hangcha Group Co Ltd
SSE:603298

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Hangcha Group Co Ltd
SSE:603298
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Price: 18.24 CNY 1.45% Market Closed
Market Cap: 23.9B CNY
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Gross Margin
Hangcha Group Co Ltd

22.3%
Current
18%
Average
27.3%
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
22.3%
=
Gross Profit
3.7B
/
Revenue
16.5B

Gross Margin Across Competitors

Country CN
Market Cap 24.4B CNY
Gross Margin
22%
Country US
Market Cap 176.7B USD
Gross Margin
38%
Country US
Market Cap 55.2B USD
Gross Margin
23%
Country SE
Market Cap 541.5B SEK
Gross Margin
27%
Country US
Market Cap 48.2B USD
Gross Margin
25%
Country US
Market Cap 33.2B USD
Gross Margin
33%
Country CN
Market Cap 231.9B CNY
Gross Margin
21%
Country DE
Market Cap 28.7B EUR
Gross Margin
21%
Country JP
Market Cap 3.9T JPY
Gross Margin
31%
Country JP
Market Cap 3.6T JPY
Gross Margin
24%
Country CN
Market Cap 159.5B CNY
Gross Margin
9%
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Hangcha Group Co Ltd
Glance View

Market Cap
23.9B CNY
Industry
Machinery

Nestled in the bustling industrial landscape of Hangzhou, China, Hangcha Group Co., Ltd. has emerged as a stalwart in the world of material handling equipment. Founded in 1956, the company has steadily expanded its footprint, becoming one of the leading forklift manufacturers globally. Hangcha combines innovative design with robust manufacturing processes, primarily focused on producing a wide range of forklifts, from electric to internal combustion types. Their product variety caters to diverse industries, from warehousing and logistics to construction and agriculture, meeting the dynamic needs of their extensive customer base. This versatility in product offerings not only showcases Hangcha's engineering capabilities but also ensures a continuous revenue stream as they cater to both local and international markets. Underpinning Hangcha's success is a business model centered around technology adoption and operational efficiency. The company invests heavily in research and development to maintain a competitive edge, enhancing their product durability and operational safety. By aligning their manufacturing strategy with sustainable practices, Hangcha minimizes operational costs, optimizing profitability. Additionally, they have developed an extensive global network, utilizing strategic alliances and partnerships to improve distribution channels. Their after-sales service, which includes maintenance packages and parts supply, further bolsters customer loyalty, ensuring recurring revenue. Ultimately, it’s this blend of innovation, efficient production, and customer-centric service that defines Hangcha's approach to creating value in the material handling industry.

Intrinsic Value
29.91 CNY
Undervaluation 39%
Intrinsic Value
Price

See Also

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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
22.3%
=
Gross Profit
3.7B
/
Revenue
16.5B
What is the Gross Margin of Hangcha Group Co Ltd?

Based on Hangcha Group Co Ltd's most recent financial statements, the company has Gross Margin of 22.3%.