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Zhejiang Chengchang Technology Co Ltd
SZSE:001270

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Zhejiang Chengchang Technology Co Ltd
SZSE:001270
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Price: 41.9 CNY -0.21% Market Closed
Market Cap: 8.7B CNY
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Gross Margin
Zhejiang Chengchang Technology Co Ltd

61.2%
Current
69%
Average
28.5%
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
61.2%
=
Gross Profit
118.6m
/
Revenue
193.9m

Gross Margin Across Competitors

Country CN
Market Cap 8.5B CNY
Gross Margin
61%
Country US
Market Cap 3.2T USD
Gross Margin
76%
Country US
Market Cap 1T USD
Gross Margin
64%
Country TW
Market Cap 27.5T TWD
Gross Margin
54%
Country US
Market Cap 196.5B USD
Gross Margin
48%
Country US
Market Cap 170.3B USD
Gross Margin
56%
Country US
Market Cap 168.7B USD
Gross Margin
59%
Country UK
Market Cap 143.5B USD
Gross Margin
96%
Country US
Market Cap 115.2B USD
Gross Margin
22%
Country US
Market Cap 103.1B USD
Gross Margin
57%
Country US
Market Cap 91.1B USD
Gross Margin
40%
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Zhejiang Chengchang Technology Co Ltd
Glance View

Market Cap
8.5B CNY
Industry
Semiconductors

Zhejiang Chengchang Technology Co., Ltd. began its journey as a modest entity in the robust landscape of Zhejiang Province, China. The company swiftly carved out a niche in the precision manufacturing sector, specializing in high-quality metal components. Over the years, Chengchang Technology honed its expertise in producing a diverse range of metal parts used in myriad applications, from automotive and aerospace to high-tech electronics. This specialization allowed them to focus on precision and quality, ensuring their products met the stringent demands of international standards. The core of their business model lies in utilizing advanced machining technology and lean manufacturing processes, which enhances efficiency and reduces waste, improving profitability. As Chengchang Technology scaled its operations, it adeptly leveraged its strategic position in the supply chain. The company exploits its extensive network and relationships with global and local suppliers to source premium materials cost-effectively. This integration enables them to provide competitive pricing while maintaining superior product standards, attracting clients from around the globe. With a keen eye on innovation, Zhejiang Chengchang invests significantly in R&D to stay ahead of technological advancements and evolving market needs. Their financial engine is driven by a steady flow of contracts with major industry players, ensuring a consistent revenue stream and fostering steady growth.

Intrinsic Value
19.03 CNY
Overvaluation 55%
Intrinsic Value
Price
Z

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
61.2%
=
Gross Profit
118.6m
/
Revenue
193.9m
What is the Gross Margin of Zhejiang Chengchang Technology Co Ltd?

Based on Zhejiang Chengchang Technology Co Ltd's most recent financial statements, the company has Gross Margin of 61.2%.