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MGI Tech Co Ltd
SSE:688114

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MGI Tech Co Ltd
SSE:688114
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Price: 50.9 CNY 1.58% Market Closed
Market Cap: 21.2B CNY
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Gross Margin
MGI Tech Co Ltd

61.3%
Current
56%
Average
43.8%
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
61.3%
=
Gross Profit
1.6B
/
Revenue
2.7B

Gross Margin Across Competitors

Country CN
Market Cap 20.9B CNY
Gross Margin
61%
Country US
Market Cap 1.4T USD
Gross Margin
55%
Country US
Market Cap 211.1B USD
Gross Margin
41%
Country US
Market Cap 177.9B USD
Gross Margin
60%
Country KR
Market Cap 71.2T KRW
Gross Margin
50%
Country CH
Market Cap 39.5B CHF
Gross Margin
29%
Country US
Market Cap 39.9B USD
Gross Margin
35%
Country US
Market Cap 39.4B USD
Gross Margin
55%
Country US
Market Cap 28.1B USD
Gross Margin
59%
Country US
Market Cap 24B USD
Gross Margin
64%
Country US
Market Cap 23.7B USD
Gross Margin
35%

Profitability Report

View the profitability report to see the full profitability analysis for MGI Tech 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
61.3%
=
Gross Profit
1.6B
/
Revenue
2.7B
What is the Gross Margin of MGI Tech Co Ltd?

Based on MGI Tech Co Ltd's most recent financial statements, the company has Gross Margin of 61.3%.