Suning.Com Co Ltd
SZSE:002024

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Suning.Com Co Ltd
SZSE:002024
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Price: 2.06 CNY 0.49% Market Closed
Market Cap: 19.1B CNY
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Gross Margin
Suning.Com Co Ltd

19.3%
Current
10%
Average
32.9%
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
19.3%
=
Gross Profit
10B
/
Revenue
52B

Gross Margin Across Competitors

Country CN
Market Cap 18.8B CNY
Gross Margin
19%
Country US
Market Cap 18.8B USD
Gross Margin
22%
Country US
Market Cap 14.4B USD
Gross Margin
27%
Country JP
Market Cap 1.6T JPY
Gross Margin
51%
Country AU
Market Cap 10.6B AUD
Gross Margin
22%
Country VN
Market Cap 89.8T VND
Gross Margin
21%
Country JP
Market Cap 382.4B JPY
Gross Margin
28%
Country SA
Market Cap 7.2B SAR
Gross Margin
22%
Country TH
Market Cap 64.4B THB
Gross Margin
13%
Country JP
Market Cap 296.1B JPY
Gross Margin
26%
Country US
Market Cap 1.6B EUR
Gross Margin
49%
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Suning.Com Co Ltd
Glance View

Market Cap
18.8B CNY
Industry
Retail

Suning.com Co Ltd., one of China's retail titans, started its journey in 1990 with humble beginnings as an air conditioner store in Nanjing under the vision of founder Zhang Jindong. Over the decades, it evolved into a comprehensive retail platform that diverged from its initial focus to include a vast array of consumer electronics, appliances, and a multitude of other product categories. The company embraced the digital transformation head-on, shifting its business model to incorporate a blend of online and offline retail. Suning.com's strategy revolves around its "Retail Cloud" which harmonizes online shopping convenience with offline store experiences—leveraging more than 10,000 physical outlets to boost brand visibility and customer engagement. This integration allows the company to cater to the diverse shopping needs of Chinese consumers, providing them with a seamless purchasing journey that merges the digital with the tangible. The financial heartbeat of Suning.com lies in its robust e-commerce platform, which serves as the primary revenue generator. The platform functions as a marketplace where it not only sells its own inventory but also facilitates third-party vendors to reach a broad customer base. By extending services beyond mere product sales, Suning.com enhances its revenue streams through supplementary offerings such as logistics, warehouse management, and after-sales services. Moreover, its diversification into financial services, like consumer credit, has opened new avenues for growth. The company's strategic partnerships, such as its past collaboration with Alibaba, have further positioned it to harness synergies that amplify its market presence. Thus, through a multifaceted approach blending retail, digital innovation, and strategic alliances, Suning.com adeptly manages to thrive in the intensely competitive landscape of Chinese retail.

Intrinsic Value
3.73 CNY
Undervaluation 45%
Intrinsic Value
Price

See Also

Discover More
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
19.3%
=
Gross Profit
10B
/
Revenue
52B
What is the Gross Margin of Suning.Com Co Ltd?

Based on Suning.Com Co Ltd's most recent financial statements, the company has Gross Margin of 19.3%.