Gross Margin - Mingxin Automotive Leather Co Ltd (SSE:605068) - Alpha Spread
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Mingxin Automotive Leather Co Ltd
SSE:605068

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Mingxin Automotive Leather Co Ltd
SSE:605068
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Price: 11.51 CNY -0.52% Market Closed
Market Cap: 1.9B CNY
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Gross Margin
Mingxin Automotive Leather Co Ltd

26.3%
Current
30%
Average
30.2%
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
26.3%
=
Gross Profit
257.4m
/
Revenue
980.7m

Gross Margin Across Competitors

Country CN
Market Cap 1.8B CNY
Gross Margin
26%
Country TW
Market Cap 152.3B TWD
Gross Margin
32%
Country TW
Market Cap 83.5B TWD
Gross Margin
36%
Country CN
Market Cap 17.2B CNY
Gross Margin
10%
Country HK
Market Cap 18B HKD
Gross Margin
0%
Country IN
Market Cap 186.8B INR
Gross Margin
23%
Country IN
Market Cap 183.9B INR
Gross Margin
49%
Country UK
Market Cap 1.6B GBP
Gross Margin
37%
Country IN
Market Cap 166.9B INR
Gross Margin
47%
Country IN
Market Cap 146.2B INR
Gross Margin
47%
Country IN
Market Cap 136B INR
Gross Margin
43%

Profitability Report

View the profitability report to see the full profitability analysis for Mingxin Automotive Leather Co Ltd.

See Also

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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
26.3%
=
Gross Profit
257.4m
/
Revenue
980.7m
What is the Gross Margin of Mingxin Automotive Leather Co Ltd?

Based on Mingxin Automotive Leather Co Ltd's most recent financial statements, the company has Gross Margin of 26.3%.