Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SZSE:002223
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 |
J
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SZSE:002223
|
38.9B CNY |
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|
| US |
|
Abbott Laboratories
NYSE:ABT
|
199.2B USD |
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|
|
| US |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
175.5B USD |
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|
|
| US |
|
Stryker Corp
NYSE:SYK
|
146.1B USD |
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|
| IE |
|
Medtronic PLC
NYSE:MDT
|
124.4B USD |
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|
|
| US |
|
Boston Scientific Corp
NYSE:BSX
|
111.8B USD |
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|
| DE |
|
Siemens Healthineers AG
XETRA:SHL
|
47.1B EUR |
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|
|
| US |
|
Becton Dickinson and Co
NYSE:BDX
|
52.1B USD |
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|
| US |
|
IDEXX Laboratories Inc
NASDAQ:IDXX
|
52B USD |
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|
|
| US |
|
Edwards Lifesciences Corp
NYSE:EW
|
48.1B USD |
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|
| US |
|
GE Healthcare Technologies Inc
NASDAQ:GEHC
|
38.2B 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
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
Glance View
Jiangsu Yuyue Medical Equipment & Supply Co Ltd embodies the dynamic spirit of China's burgeoning healthcare sector. Founded in the heart of China's manufacturing hub, Jiangsu province, this company has steadily carved a niche for itself in the realm of medical equipment and supplies. With an eye for innovation and a sharp focus on quality, Yuyue specializes in the production of respiratory care devices, blood pressure monitors, and other medical diagnostics tools that are essential in both clinical settings and at-home healthcare. The company’s dedication to integrating advanced technology with user-friendly designs has not only propelled its domestic growth but also increased its footprint in international markets. By meticulously ensuring their products meet stringent regulatory standards, Yuyue competently aligns itself with the healthcare industry's rigorous demands. The financial lifeblood of Jiangsu Yuyue lies in its robust sales and distribution networks, which are critical in a sector as diversified and regulation-intensive as medical equipment. Through an extensive distribution network, including direct sales, strategic partnerships, and well-developed online platforms, the company effectively reaches both institutional clients and individual consumers. Additionally, the company leverages economies of scale and in-house expertise to maintain competitive pricing, helping it capture substantial market share. As healthcare needs continue to evolve globally, Yuyue's commitment to research and development positions it to not only meet current demands but also anticipate future trends, ensuring continuous revenue growth and reinforcing its status as a prominent player in the medical equipment industry.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Jiangsu Yuyue Medical Equipment & Supply Co Ltd is 49.4%, which is below its 3-year median of 49.6%.
Over the last 3 years, Jiangsu Yuyue Medical Equipment & Supply Co Ltd’s Gross Margin has increased from 45% to 49.4%. During this period, it reached a low of 45% on Sep 30, 2022 and a high of 51% on Dec 31, 2023.