Jiangsu King's Luck Brewery Joint-Stock Co Ltd
SSE:603369
Gross Margin
Jiangsu King's Luck Brewery Joint-Stock 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 |
|
Jiangsu King's Luck Brewery Joint-Stock Co Ltd
SSE:603369
|
67B CNY |
62%
|
|
| CN |
|
Kweichow Moutai Co Ltd
SSE:600519
|
2T CNY |
80%
|
|
| CN |
|
Wuliangye Yibin Co Ltd
SZSE:000858
|
511.1B CNY |
61%
|
|
| UK |
|
Diageo PLC
LSE:DGE
|
45.5B GBP |
60%
|
|
| ZA |
D
|
Distell Group Holdings Ltd
JSE:DGH
|
40.7B Zac |
25%
|
|
| CN |
|
Shanxi Xinghuacun Fen Wine Factory Co Ltd
SSE:600809
|
266.3B CNY |
58%
|
|
| US |
|
Constellation Brands Inc
NYSE:STZ
|
33.4B USD |
51%
|
|
| CN |
|
Luzhou Laojiao Co Ltd
SZSE:000568
|
191.7B CNY |
74%
|
|
| FR |
|
Pernod Ricard SA
PAR:RI
|
22.8B EUR |
60%
|
|
| US |
|
Brown-Forman Corp
NYSE:BF.B
|
15.9B USD |
59%
|
|
| CN |
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SZSE:002304
|
111.5B CNY |
58%
|
Jiangsu King's Luck Brewery Joint-Stock Co Ltd
Glance View
In the heart of Jiangsu Province, the scent of tradition mingles with the crisp aroma of modern innovation at Jiangsu King's Luck Brewery Joint-Stock Co., Ltd. Founded in 1992, this brewery embarked on a journey that would see it brew not just liquor but a legacy. Specializing in premium baijiu—China’s quintessential white spirit—King’s Luck has woven its identity into the very fabric of Chinese cultural celebrations and dining experiences. The company meticulously balances ancient craftsmanship with contemporary techniques, ensuring each bottle of baijiu encapsulates exquisite taste and cultural richness. Through a mix of high-quality sorghum, wheat, and strategic fermentation processes, King's Luck produces and markets a portfolio that includes its flagship product, the Guoyuan series, appealing to both traditional enthusiasts and new-age consumers. The company's revenue streams are intricately tied to its ability to maintain a premium position in the robust Chinese alcohol market, one that is both competitive and steeped in historical significance. By capitalizing on its brand's reputation, which promises both heritage and high quality, Jiangsu King's Luck secures its foothold not just through direct sales but also through strategic collaborations and partnerships extending across China. It distributes its products via a well-orchestrated network of distributors, enhancing its reach in both urban and rural areas. With an eye toward expansion, both in product range and market geography, King’s Luck continues to fine-tune its blend of innovation and tradition, navigating the evolving palate of a nation while celebrating the timeless allure of baijiu.
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 Jiangsu King's Luck Brewery Joint-Stock Co Ltd's most recent financial statements, the company has Gross Margin of 61.6%.
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