Minesto AB
STO:MINEST
Gross Margin
Minesto AB
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 |
||
|---|---|---|---|---|---|
| SE |
M
|
Minesto AB
STO:MINEST
|
303.2m SEK |
34 281%
|
|
| DE |
|
Siemens Energy AG
XETRA:ENR
|
53.9B EUR |
14%
|
|
| JP |
|
Mitsubishi Electric Corp
TSE:6503
|
5.4T JPY |
30%
|
|
| CN |
|
NARI Technology Co Ltd
SSE:600406
|
185.6B CNY |
26%
|
|
| CN |
G
|
Goldwind Science & Technology Co Ltd
XMUN:CXGH
|
14.2B EUR |
14%
|
|
| CN |
|
Shanghai Electric Group Co Ltd
SSE:601727
|
110.8B CNY |
17%
|
|
| IN |
|
ABB India Ltd
NSE:ABB
|
1.2T INR |
37%
|
|
| DK |
|
Vestas Wind Systems A/S
CSE:VWS
|
88.7B DKK |
12%
|
|
| CN |
H
|
Hangzhou Steam Turbine Co Ltd
SZSE:200771
|
12.6B |
18%
|
|
| KR |
|
Doosan Enerbility Co Ltd
KRX:034020
|
18.1T KRW |
17%
|
|
| IN |
|
Bharat Heavy Electricals Ltd
NSE:BHEL
|
802B INR |
33%
|
Minesto AB
Glance View
Minesto AB engages in the development of technology for the production of renewable electricity from tidal and ocean currents. The company is headquartered in Vaestra Froelunda, Vastra Gotalands and currently employs 59 full-time employees. The company went IPO on 2015-11-09. The firm's product Deep Green, is a power plant that converts energy from tidal stream flows into electricity by way somewhat similar to the posture of a wind kite. The kite assembly, consisting of a wing and turbine, is attached by a tether to a fixed point on the ocean bed. As water flows over the hydrodynamic wind, a lift force is generated which allows the device to move smoothly through the water and for the turbine to rotate hence generating electricity. The firm has offices in Sweden, North Ireland and the United Kingdom. The firm is co-owned by SAAB, BGA Invest, Verdane Capital, Encubator and Midroc.
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 Minesto AB's most recent financial statements, the company has Gross Margin of 34 281.3%.
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