Qingdao Richen Food Co Ltd
SSE:603755

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Qingdao Richen Food Co Ltd Logo
Qingdao Richen Food Co Ltd
SSE:603755
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Price: 26.35 CNY -2.95% Market Closed
Market Cap: 2.6B CNY

Gross Margin
Qingdao Richen Food Co Ltd

37.2%
Current
39%
Average
23.4%
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
37.2%
=
Gross Profit
145.3m
/
Revenue
390.8m

Gross Margin Across Competitors

Qingdao Richen Food Co Ltd
Glance View

Market Cap
2.6B CNY
Industry
Food Products

Qingdao Richen Food Co., Ltd. engages in the customization, research, development, production and sales of compound seasonings. The company is headquartered in Qingdao, Shandong and currently employs 400 full-time employees. The company went IPO on 2019-08-28. is a China-based company mainly engaged in the customization, research and development, production and sales of compound seasonings. The firm provides compound seasoning solutions for food processing and catering companies, including formulation development, refined applications and standardized production. The firm's main products include sauce seasonings, powder seasonings and a small amount of food additives. The firm's brand includes Weizhiwuyu.

Intrinsic Value
20.38 CNY
Overvaluation 23%
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
37.2%
=
Gross Profit
145.3m
/
Revenue
390.8m
What is the Gross Margin of Qingdao Richen Food Co Ltd?

Based on Qingdao Richen Food Co Ltd's most recent financial statements, the company has Gross Margin of 37.2%.

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