Zhejiang Weixing Industrial Development Co Ltd
SZSE:002003

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Zhejiang Weixing Industrial Development Co Ltd Logo
Zhejiang Weixing Industrial Development Co Ltd
SZSE:002003
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Price: 10.51 CNY -1.22% Market Closed
Market Cap: ¥12.3B

Gross Margin

41.3%
Current
Improving
by 1.1%
vs 3-y average of 40.1%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
41.3%
=
Gross Profit
¥2B
/
Revenue
¥4.7B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
41.3%
=
Gross Profit
¥2B
/
Revenue
¥4.7B

Peer Comparison

Country Company Market Cap Gross
Margin
CN
Zhejiang Weixing Industrial Development Co Ltd
SZSE:002003
12.3B CNY
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FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
275.2B EUR
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FR
Hermes International SCA
PAR:RMS
221.4B EUR
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KR
SBW
KRX:102280
235.5T KRW
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FR
EssilorLuxottica SA
PAR:EL
110.3B EUR
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CH
Compagnie Financiere Richemont SA
SIX:CFR
94.4B CHF
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FR
Christian Dior SE
PAR:CDI
94.9B EUR
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IN
Titan Company Ltd
NSE:TITAN
3.8T INR
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FR
Kering SA
PAR:KER
34.1B EUR
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DE
Adidas AG
XETRA:ADS
28.5B EUR
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US
Tapestry Inc
NYSE:TPR
31.6B USD
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Market Distribution

Higher than 77% of companies in China
Percentile
77th
Based on 8 314 companies
77th percentile
41.3%
Low
-2 148% — 14.3%
Typical Range
14.3% — 34.6%
High
34.6% — 775.2%
Distribution Statistics
China
Min -2 148%
30th Percentile 14.3%
Median 23%
70th Percentile 34.6%
Max 775.2%

Zhejiang Weixing Industrial Development Co Ltd
Glance View

In the bustling world of manufacturing, Zhejiang Weixing Industrial Development Co Ltd emerges as a titan, weaving creativity into the fabric of fashion. Founded in China's industrious Zhejiang province, this company has grown from modest beginnings into a global player, primarily focusing on producing high-quality buttons, zippers, and other garment accessories. Weixing's journey is a testament to the age-old adage that even the smallest details can play a significant role in shaping the bigger picture. By meticulously focusing on innovation, design, and quality control, Weixing has carved out a niche position, supplying some of the world’s leading fashion brands and clothing manufacturers. The company leverages cutting-edge technology and skilled craftsmanship to offer products that blend functionality with aesthetics, ensuring they not only meet but exceed the rigorous standards of the global apparel industry. Weixing’s business model centers on creating value through vertical integration and strategic partnerships, thus ensuring a seamless supply chain from raw materials to finished products. This strategic acuity extends beyond simple manufacturing; the company invests heavily in research and development to stay ahead of textile trends and the ever-changing demands of fashion consumers. Furthermore, their dedication to sustainability and environmentally friendly practices adds to their appeal in a market increasingly conscious about ethical production methods. By aligning its operations with the evolving values of the fashion industry, Zhejiang Weixing not only maintains a competitive edge but also cultivates a reputation as a forward-thinking, reliable partner, driving its profitability and long-term growth.

Intrinsic Value
11.96 CNY
Undervaluation 12%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
41.3%
=
Gross Profit
¥2B
/
Revenue
¥4.7B
What is Zhejiang Weixing Industrial Development Co Ltd's current Gross Margin?

The current Gross Margin for Zhejiang Weixing Industrial Development Co Ltd is 41.3%, which is above its 3-year median of 40.1%.

How has Gross Margin changed over time?

Over the last 3 years, Zhejiang Weixing Industrial Development Co Ltd’s Gross Margin has increased from 37.4% to 41.3%. During this period, it reached a low of 37.4% on Sep 30, 2022 and a high of 41.7% on Dec 31, 2024.

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