Gree Electric Appliances Inc of Zhuhai
SZSE:000651

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Gree Electric Appliances Inc of Zhuhai Logo
Gree Electric Appliances Inc of Zhuhai
SZSE:000651
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Price: 45.65 CNY -0.8% Market Closed
Market Cap: 249.9B CNY
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Gross Margin
Gree Electric Appliances Inc of Zhuhai

30.6%
Current
27%
Average
31.6%
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
30.6%
=
Gross Profit
60.2B
/
Revenue
196.6B

Gross Margin Across Competitors

Country CN
Market Cap 257.1B CNY
Gross Margin
31%
Country CN
Market Cap 580.5B CNY
Gross Margin
27%
Country CN
Market Cap 269.1B CNY
Gross Margin
31%
Country US
Market Cap 14.4B USD
Gross Margin
48%
Country US
Market Cap 6.3B USD
Gross Margin
15%
Country CN
Market Cap 43.6B CNY
Gross Margin
25%
Country CN
Market Cap 43.4B CNY
Gross Margin
21%
Country CN
Market Cap 43.1B CNY
Gross Margin
54%
Country CN
Market Cap 38.5B CNY
Gross Margin
32%
Country FR
Market Cap 4.7B EUR
Gross Margin
40%
Country IT
Market Cap 4.5B EUR
Gross Margin
56%
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Gree Electric Appliances Inc of Zhuhai
Glance View

Market Cap
257.1B CNY
Industry
Consumer products

In the heart of China's vibrant manufacturing sector, Gree Electric Appliances Inc., headquartered in Zhuhai, has carved an extraordinary narrative of industrial growth and ingenuity. Established in 1991, the company began its journey as a humble manufacturer of residential air conditioners. Over the years, Gree has transcended its foundational roots to become a global titan, adeptly navigating the complexities of international markets while maintaining its reputation for innovation and quality. The company's core proficiency lies in its vast production capabilities and commitment to technological advancement, ensuring it consistently meets the evolving demands of consumer and commercial markets. Gree's vertically integrated model entails controlling every aspect of its supply chain—from research and development to manufacturing and sales—placing it in a formidable position to optimize costs and elevate product excellence. As Gree expanded its horizons, the pursuit of diversification became intrinsic to its business model. Today, the company engages in a broader spectrum of the appliance industry, encompassing air conditioning, home appliances, smart equipment, industrial technology, and even forays into renewable energy. A significant portion of Gree's revenue is driven by its international sales, underpinned by a vast distribution network and strategic partnerships worldwide. The company capitalizes on its robust R&D capabilities to sustain a competitive edge, driving innovations in energy efficiency and smart home technology. This relentless focus not only enhances its product offerings but also fortifies its market presence in a rapidly evolving global landscape. The symbiotic relationship between its expansive product range and deep-rooted commitment to quality continues to propel Gree Electric Appliances as a stalwart in the industry, synonymous with reliability and technological prowess.

Intrinsic Value
55.76 CNY
Undervaluation 18%
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
30.6%
=
Gross Profit
60.2B
/
Revenue
196.6B
What is the Gross Margin of Gree Electric Appliances Inc of Zhuhai?

Based on Gree Electric Appliances Inc of Zhuhai's most recent financial statements, the company has Gross Margin of 30.6%.