Zhejiang Weiming Environment Protection Co Ltd
SSE:603568
Gross Margin
Zhejiang Weiming Environment Protection 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 |
Z
|
Zhejiang Weiming Environment Protection Co Ltd
SSE:603568
|
32.3B CNY |
47%
|
|
| US |
|
Waste Management Inc
NYSE:WM
|
92B USD |
39%
|
|
| US |
|
Republic Services Inc
NYSE:RSG
|
76.8B USD |
42%
|
|
| CA |
|
Waste Connections Inc
TSX:WCN
|
69.3B CAD |
42%
|
|
| US |
|
Rollins Inc
NYSE:ROL
|
27.1B USD |
53%
|
|
| US |
|
Veralto Corp
NYSE:VLTO
|
22.6B USD |
60%
|
|
| CA |
|
GFL Environmental Inc
TSX:GFL
|
26.4B CAD |
19%
|
|
| US |
|
Clean Harbors Inc
NYSE:CLH
|
11.4B USD |
31%
|
|
| UK |
|
Rentokil Initial PLC
LSE:RTO
|
8.6B GBP |
84%
|
|
| US |
|
Tetra Tech Inc
NASDAQ:TTEK
|
8.4B USD |
20%
|
|
| US |
|
Stericycle Inc
NASDAQ:SRCL
|
8.2B USD |
39%
|
Zhejiang Weiming Environment Protection Co Ltd
Glance View
Zhejiang Weiming Environment Protection Co Ltd, founded at the turn of the millennium, is a burgeoning force in the world of environmental sustainability. This company, planted firmly in the industrious soil of China, has dedicated itself to waste-to-energy (WtE) solutions—a domain offering both environmental benefits and economic viability. Through its core operation of converting municipal solid waste into renewable energy, Weiming supplies cleaner power to an energy-hungry society while simultaneously tackling the pressing issue of waste management. By building and operating its own state-of-the-art facilities, the company not only reduces landfill dependency but also capitalizes on the byproducts of incineration, such as heat energy and valuable materials that can be recycled. Weiming's business model marries environmental responsibility with savvy financial engineering. The revenue streams are diverse: beyond the sale of generated electricity, it also earns via waste treatment fees paid by municipalities eager to find sustainable waste disposal solutions. Additionally, by utilizing advanced technology and efficient practices, Weiming ensures that emission levels remain environmentally compliant and socially acceptable, which is crucial in gaining operational licenses and public trust. The company's ability to innovate in a sector ripe for transformation captures the dual interests of investors seeking stability and growth in a world increasingly tuned into ecological imperatives. This positions Zhejiang Weiming not only as a pivotal player in environmental protection within China but also as a forward-thinking entity in the global green economy landscape.
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 Zhejiang Weiming Environment Protection Co Ltd's most recent financial statements, the company has Gross Margin of 47%.
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