Zhejiang Jinggong Science & Technology Co Ltd
SZSE:002006
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Zhejiang Jinggong Science & Technology Co Ltd
Gross Margin
Zhejiang Jinggong Science & Technology 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 | CN |
| Market Cap | 7.9B CNY |
| Gross Margin |
27%
|
| Country | US |
| Market Cap | 83.1B USD |
| Gross Margin |
36%
|
| Country | US |
| Market Cap | 76.5B USD |
| Gross Margin |
44%
|
| Country | SE |
| Market Cap | 822.1B SEK |
| Gross Margin |
43%
|
| Country | JP |
| Market Cap | 7.4T JPY |
| Gross Margin |
21%
|
| Country | US |
| Market Cap | 37.3B USD |
| Gross Margin |
30%
|
| Country | US |
| Market Cap | 37B USD |
| Gross Margin |
44%
|
| Country | CH |
| Market Cap | 26.8B CHF |
| Gross Margin |
22%
|
| Country | US |
| Market Cap | 28.6B USD |
| Gross Margin |
37%
|
| Country | US |
| Market Cap | 25.9B USD |
| Gross Margin |
38%
|
| Country | US |
| Market Cap | 25.8B USD |
| Gross Margin |
60%
|
Zhejiang Jinggong Science & Technology Co Ltd
Glance View
Zhejiang Jinggong Science & Technology Co., Ltd., founded in the bustling heart of China’s Zhejiang province, stands as a beacon of innovation and industrial prowess. Emerging from the shadows of its industrial peers, Jinggong made its name as a trailblazer in the realm of specialized machinery and equipment manufacturing. Rooted in an ethos of relentless technological exploration, the company quickly rose through the ranks by developing sophisticated automated production lines and construction machinery. These offerings have carved out niches in various sectors, from green energy solutions with its photovoltaic manufacturing equipment to commercial building infrastructure through its advanced steel structure machinery. The underlying strategy? Augment efficiency and reduce production costs for its global clientele. Jinggong’s revenue streams do not solely rely on the manufacturing and sale of machinery; it embodies a holistic approach that embraces service-based models. Beyond simply delivering cutting-edge equipment, the company offers comprehensive after-sales support and consulting services, setting them apart from competitors and ensuring recurring revenue. An intriguing aspect of Jinggong's operation is its commitment to research and development, which propels the firm to the forefront of technological advancement in the industrial sector. This commitment not only embeds innovation in its DNA but also solidifies strategic partnerships globally, thus continually strengthening its competitive edge. Through a clever mosaic of product diversification and deep market expertise, Zhejiang Jinggong Science & Technology Co., Ltd. continues to chart a course marked by robust profitability and expansive growth.
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 Zhejiang Jinggong Science & Technology Co Ltd's most recent financial statements, the company has Gross Margin of 27.4%.
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