TianJin 712 Communication & Broadcasting Co Ltd
SSE:603712
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Gross Margin
TianJin 712 Communication & Broadcasting 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 | 15.1B CNY |
| Gross Margin |
34%
|
| Country | US |
| Market Cap | 232.6B USD |
| Gross Margin |
65%
|
| Country | US |
| Market Cap | 142.1B USD |
| Gross Margin |
64%
|
| Country | US |
| Market Cap | 78.4B USD |
| Gross Margin |
51%
|
| Country | SE |
| Market Cap | 296.9B SEK |
| Gross Margin |
43%
|
| Country | CN |
| Market Cap | 174.3B CNY |
| Gross Margin |
38%
|
| Country | FI |
| Market Cap | 23B EUR |
| Gross Margin |
44%
|
| Country | US |
| Market Cap | 20.8B USD |
| Gross Margin |
39%
|
| Country | CN |
| Market Cap | 149.2B CNY |
| Gross Margin |
33%
|
| Country | US |
| Market Cap | 14.7B USD |
| Gross Margin |
80%
|
| Country | TW |
| Market Cap | 423.7B TWD |
| Gross Margin |
21%
|
TianJin 712 Communication & Broadcasting Co Ltd
Glance View
In the bustling port city of Tianjin, TianJin 712 Communication & Broadcasting Co Ltd has quietly evolved into a crucial player in the communications landscape of China. Established initially as a modest company, it has grown by embracing innovation and merging traditional broadcasting with state-of-the-art communication technologies. As a key enterprise under China's state-owned electronics group, TianJin 712 focuses primarily on research, production, and sales of communications and broadcasting equipment. It has strategically positioned itself to serve both the national defense and civilian sectors, thus catering to an array of communication needs across the country. The company's revenue streams are rooted in the intricate balance between military and civilian markets, which provides a dual benefit of stability and growth potential. On one hand, its contracts with the government for military communication systems form a steady backbone of business, ensuring consistent demand rooted in national needs. On the other hand, its endeavors in the civilian market, including digital communications and commercial broadcasting tools, have diversified its portfolio and opened new avenues for growth. By investing in cutting-edge technology and maintaining strong state-backed support, TianJin 712 has been able to capitalize on both scalability and innovation, reinforcing its position as a stalwart in the Chinese communications industry.
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 TianJin 712 Communication & Broadcasting Co Ltd's most recent financial statements, the company has Gross Margin of 34.5%.
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