Jinan Shengquan Group Share Holding Co Ltd
SSE:605589
Gross Margin
Jinan Shengquan Group Share Holding 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 | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CN |
|
Jinan Shengquan Group Share Holding Co Ltd
SSE:605589
|
20.9B CNY |
23%
|
|
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR |
18%
|
|
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
674.8T IDR |
3%
|
|
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
33.8B USD |
3%
|
|
| US |
|
Dow Inc
NYSE:DOW
|
21.2B USD |
9%
|
|
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
19B USD |
11%
|
|
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
108.5B CNY |
7%
|
|
| IN |
|
Solar Industries India Ltd
NSE:SOLARINDS
|
1.2T INR |
49%
|
|
| KR |
|
LG Chem Ltd
KRX:051910
|
17.3T KRW |
15%
|
|
| US |
|
Westlake Corp
NYSE:WLK
|
11.9B USD |
16%
|
|
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
77.9B CNY |
4%
|
Jinan Shengquan Group Share Holding Co Ltd
Glance View
Jinan Shengquan Group Share Holding Co Ltd., nestled in Jinan, China, has carved out a unique position in the world economy by harnessing the power of renewable resources and intricate chemical processes. The company originally focused on furan and resin technology, but over time it evolved into a multi-faceted enterprise specializing in biomass-based materials. This transformation allowed Shengquan to tap into the green wave, driven by global environmental concerns and the pursuit of sustainable development. By converting agricultural waste into high-value products like bio-composites and industrial-grade casting materials, Shengquan became an exemplar of innovation, effectively intertwining the agricultural sector with contemporary industry. Diving deeper into its business model, Shengquan thrives on a forward-thinking R&D approach, aiming to solve complex material science challenges and reduce dependency on traditional petrochemical resources. The company's financial success largely hinges on its ability to create cost-effective, eco-friendly alternatives that appeal to global manufacturers keen on reducing their carbon footprint. By establishing strategic partnerships and continually expanding its product line, Shengquan has managed to foster a steady revenue stream while also propelling itself into various markets, including health, pharmaceuticals, and new energy sectors. In doing so, it positions itself not just as a company, but a vital contributor to a more sustainable and diversified global economy.
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 Jinan Shengquan Group Share Holding Co Ltd's most recent financial statements, the company has Gross Margin of 23.4%.
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