Fujian Torch Electron Technology Co Ltd
SSE:603678

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Fujian Torch Electron Technology Co Ltd
SSE:603678
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Price: 32.17 CNY 8.35% Market Closed
Market Cap: 14.7B CNY
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Gross Margin
Fujian Torch Electron Technology Co Ltd

30.2%
Current
35%
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
30.2%
=
Gross Profit
888.2m
/
Revenue
2.9B

Gross Margin Across Competitors

Country CN
Market Cap 14.7B CNY
Gross Margin
30%
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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Fujian Torch Electron Technology Co Ltd
Glance View

Market Cap
14.7B CNY
Industry
Electrical Equipment

Fujian Torch Electron Technology Co Ltd has positioned itself as a notable player in the field of electronics, primarily focusing on the research, design, manufacture, and sales of capacitors and other electronic components. Founded in the burgeoning industrial landscape of Fujian, China, the company has capitalized on its strategic location to drive innovation and efficiency in its manufacturing processes. Torch deeply understands the pivotal role capacitors play in electronic devices, from basic household appliances to complex industrial machinery. This understanding has led them to develop a diverse product line that caters to a broad spectrum of industries, meeting various technical and quality standards globally. The company's revenue streams are predominantly anchored in the sale of these capacitors and related components. Torch has nurtured strong relationships with a diverse client base, including major electrical equipment manufacturers and consumer electronics companies. By leveraging economies of scale, they remain competitive in pricing while maintaining a keen focus on quality and reliability, ensuring repeat business and client loyalty. Additionally, Torch is active in pursuing innovative solutions and advancements in capacitor technology, further securing its footing in the industry. This innovation-centric approach, coupled with their adept supply chain management, ensures consistent growth and sustains their profitability amidst the dynamic electronics market landscape.

Intrinsic Value
37.69 CNY
Undervaluation 15%
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
30.2%
=
Gross Profit
888.2m
/
Revenue
2.9B
What is the Gross Margin of Fujian Torch Electron Technology Co Ltd?

Based on Fujian Torch Electron Technology Co Ltd's most recent financial statements, the company has Gross Margin of 30.2%.