Joyoung Co Ltd
SZSE:002242
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Joyoung Co Ltd
Gross Margin
Joyoung 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 | 7.6B CNY |
| Gross Margin |
26%
|
| Country | CN |
| Market Cap | 593.1B CNY |
| Gross Margin |
27%
|
| Country | CN |
| Market Cap | 276.7B CNY |
| Gross Margin |
31%
|
| Country | CN |
| Market Cap | 266B CNY |
| Gross Margin |
31%
|
| Country | US |
| Market Cap | 14.3B USD |
| Gross Margin |
48%
|
| Country | CN |
| Market Cap | 46.3B CNY |
| Gross Margin |
21%
|
| Country | CN |
| Market Cap | 44.8B CNY |
| Gross Margin |
25%
|
| Country | US |
| Market Cap | 6.2B USD |
| Gross Margin |
15%
|
| Country | CN |
| Market Cap | 44.4B CNY |
| Gross Margin |
54%
|
| Country | CN |
| Market Cap | 39.4B CNY |
| Gross Margin |
32%
|
| Country | FR |
| Market Cap | 4.7B EUR |
| Gross Margin |
40%
|
Joyoung Co Ltd
Glance View
Nestled in the bustling heart of China's manufacturing landscape, Joyoung Co Ltd. stands as a testament to innovation meeting everyday practicality. Emerging in 1994, it has grown into a household staple, pioneering the market with its revolutionary soybean milk maker. However, its journey did not stop at soybean milk; today, Joyoung is a leading manufacturer of a broad array of small kitchen appliances. From rice cookers to induction hobs, its products cater to the burgeoning middle class seeking convenience without forsaking quality. Joyoung's success stems from a deep understanding of consumer needs, making everyday cooking more accessible and efficient. Joyoung's business model revolves around an astute blend of research-driven product development and extensive distribution networks. The company's commitment to technological advancement ensures it remains at the forefront of kitchen innovation. Through strategic partnerships and a robust presence both online and in brick-and-mortar stores, Joyoung reaches a diverse consumer base across Asia and beyond. By capitalizing on trends such as healthy eating and home cooking, it continues to expand its footprint. Revenues flow from product sales, fueled by a growing demand for smart and multifunctional home appliances, allowing Joyoung to reinvest in new products and solidify its market position.
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 Joyoung Co Ltd's most recent financial statements, the company has Gross Margin of 26.1%.
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