Zhejiang Weixing Industrial Development Co Ltd
SZSE:002003
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.
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.
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
| Min | -2 148% |
| 30th Percentile | 14.3% |
| Median | 23% |
| 70th Percentile | 34.6% |
| Max | 775.2% |
Other Profitability Ratios
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.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Zhejiang Weixing Industrial Development Co Ltd is 41.3%, which is above its 3-year median of 40.1%.
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.