Ningbo Orient Wires & Cables Co Ltd
SSE:603606
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Gross Margin
Ningbo Orient Wires & Cables 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 | CN |
| Market Cap | 36.9B CNY |
| Gross Margin |
22%
|
| Country | CN |
| Market Cap | 1.2T CNY |
| Gross Margin |
25%
|
| Country | FR |
| Market Cap | 134.2B EUR |
| Gross Margin |
42%
|
| Country | IE |
| Market Cap | 134.7B USD |
| Gross Margin |
38%
|
| Country | CH |
| Market Cap | 90.7B CHF |
| Gross Margin |
37%
|
| Country | US |
| Market Cap | 70.9B USD |
| Gross Margin |
51%
|
| Country | KR |
| Market Cap | 81.9T KRW |
| Gross Margin |
14%
|
| Country | US |
| Market Cap | 44.6B USD |
| Gross Margin |
36%
|
| Country | US |
| Market Cap | 42.2B USD |
| Gross Margin |
36%
|
| Country | BR |
| Market Cap | 227.6B BRL |
| Gross Margin |
34%
|
| Country | US |
| Market Cap | 32.9B USD |
| Gross Margin |
39%
|
Ningbo Orient Wires & Cables Co Ltd
Glance View
Ningbo Orient Wires & Cables Co., Ltd. stands as a significant entity in the global manufacturing landscape, weaving its influence through a tightly-knit network of technological prowess and industrial acumen. Originating in the bustling commercial hub of Ningbo, China, the company has carved out a niche in the production of a diverse range of wire and cable products. These offerings span from basic power cables to sophisticated, high-performance options, catering to both domestic infrastructure demands and international markets. Central to its operations is an emphasis on leveraging advanced manufacturing techniques and rigorous quality control measures, ensuring its products adhere to both national and international standards. By capitalizing on China's robust supply chain ecosystem, Ningbo Orient optimizes cost-efficiency, which in turn bolsters its competitiveness in the price-sensitive global arena. The company's business model thrives on its dual-pronged approach: a focus on continuous innovation and expansive market penetration. Ningbo Orient invests heavily in research and development to keep pace with the fast-evolving technological landscape, particularly in sectors like new energy and telecommunications, which demand advanced, reliable cable solutions. Their revenue streams are not confined to direct sales; the firm often embarks on collaborative projects with key players in the energy sector and participates in large-scale infrastructure projects, ensuring a steady flow of contracts. Diversification into emerging markets and strategic partnerships play crucial roles in its growth strategy, enabling Ningbo Orient to fortify its position in the industry while exploring untapped opportunities for expansion. Through this dynamic combination of innovation, quality assurance, and strategic market engagement, Ningbo Orient Wires & Cables Co., Ltd. sustains its trajectory of growth and its influential presence in the global market.
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 Ningbo Orient Wires & Cables Co Ltd's most recent financial statements, the company has Gross Margin of 21.5%.
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