CITIC Pacific Special Steel Group Co Ltd
SZSE:000708
Gross Margin
CITIC Pacific Special Steel Group 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 |
C
|
CITIC Pacific Special Steel Group Co Ltd
SZSE:000708
|
59.4B CNY |
12%
|
|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
102.3B Zac |
85%
|
|
| IN |
B
|
BMW Industries Ltd
BSE:542669
|
10.7B INR |
69%
|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
230.7B BRL |
36%
|
|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
50.3B AUD |
44%
|
|
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
28.2B EUR |
44%
|
|
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
2.5T INR |
31%
|
|
| US |
|
Nucor Corp
NYSE:NUE
|
27.4B USD |
13%
|
|
| LU |
|
ArcelorMittal SA
AEX:MT
|
22.6B EUR |
10%
|
|
| JP |
|
Nippon Steel Corp
TSE:5401
|
3.2T JPY |
16%
|
|
| CN |
|
Baoshan Iron & Steel Co Ltd
SSE:600019
|
152.1B CNY |
5%
|
CITIC Pacific Special Steel Group Co Ltd
Glance View
CITIC Pacific Special Steel Group Co Ltd., a powerhouse nestled within China's colossal industrial landscape, stands as the nation's largest manufacturer of special steel. Emerging from the CITIC Group, this subsidiary is a testament to China's drive towards high-quality manufacturing and innovation. The company's essence lies in its vertically integrated operations, stretching from raw material procurement to steel production and distribution. Through advanced technological prowess and a keen eye for efficiency, CITIC Pacific Special Steel specializes in producing high-grade steel products that are pivotal across various industries, including automotive, energy, and machinery manufacturing. This specialization is not just about mass production but delivering tailor-made steel solutions that cater to the nuanced demands of its diverse clientele. At the core of CITIC Pacific's business model is its ability to leverage economies of scale while maintaining stringent quality control measures. Its extensive manufacturing plants are equipped with state-of-the-art technology, allowing the company to maximize productivity and minimize waste. Revenue streams are primarily driven by sales of its specialty steel products, which have increasingly found their way into high-end markets, driven by global infrastructure growth and industrial modernization. Additionally, the company's strategic investments in research and development ensure that it stays ahead of industry trends, continuously innovating to improve product quality and production efficiency. As global markets continue to demand more specialized and high-performance materials, CITIC Pacific Special Steel stands poised to maintain its leadership position, navigating the complexities of the steel industry with a blend of traditional Chinese enterprise acumen and modern industrial ingenuity.
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 CITIC Pacific Special Steel Group Co Ltd's most recent financial statements, the company has Gross Margin of 12.3%.
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