iFLYTEK Co Ltd
SZSE:002230
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Gross Margin
iFLYTEK 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 | 115.5B CNY |
| Gross Margin |
42%
|
| Country | US |
| Market Cap | 321.7B USD |
| Gross Margin |
76%
|
| Country | DE |
| Market Cap | 264.2B EUR |
| Gross Margin |
73%
|
| Country | US |
| Market Cap | 226.5B USD |
| Gross Margin |
89%
|
| Country | US |
| Market Cap | 190.4B USD |
| Gross Margin |
23%
|
| Country | US |
| Market Cap | 190.2B USD |
| Gross Margin |
79%
|
| Country | US |
| Market Cap | 139.3B USD |
| Gross Margin |
81%
|
| Country | US |
| Market Cap | 106.8B USD |
| Gross Margin |
74%
|
| Country | US |
| Market Cap | 85.7B USD |
| Gross Margin |
80%
|
| Country | US |
| Market Cap | 84.1B USD |
| Gross Margin |
88%
|
| Country | US |
| Market Cap | 80.5B USD |
| Gross Margin |
74%
|
iFLYTEK Co Ltd
Glance View
iFLYTEK Co Ltd., a leading Chinese technology firm, specializes in intelligent voice and language processing. Founded in 1999, the company has emerged as a frontrunner in the development of artificial intelligence applications, particularly in speech recognition and natural language understanding. With a rich portfolio of products ranging from smart hardware to software solutions, iFLYTEK is dedicated to enhancing communication and information accessibility through its innovative technologies. Investors will appreciate the company’s consistent growth trajectory, bolstered by robust demand in education, healthcare, and customer service sectors, where its AI-driven solutions are redefining operational efficiencies and user experiences. As iFLYTEK continues to expand its footprint globally, it is fueled by strategic partnerships and significant investments in research and development, ensuring that it remains on the cutting edge of AI innovation. Recent government initiatives promoting smart city development and digital transformation present considerable opportunities for iFLYTEK, positioning it to capitalize on the growing need for intelligent infrastructure. While investors should monitor competitive dynamics and regulatory factors in the tech landscape, the company’s solid foundation, visionary leadership, and commitment to advancing AI technologies make it an enticing prospect in the rapidly evolving tech market.
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 iFLYTEK Co Ltd's most recent financial statements, the company has Gross Margin of 41.9%.
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