Hangzhou Oxygen Plant Group Co Ltd
SZSE:002430
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Hangzhou Oxygen Plant Group Co Ltd
Gross Margin
Hangzhou Oxygen Plant Group 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 | 21.8B CNY |
| Gross Margin |
19%
|
| Country | UK |
| Market Cap | 191.7B EUR |
| Gross Margin |
48%
|
| Country | FR |
| Market Cap | 88.9B EUR |
| Gross Margin |
49%
|
| Country | US |
| Market Cap | 65.7B USD |
| Gross Margin |
32%
|
| Country | JP |
| Market Cap | 1.9T JPY |
| Gross Margin |
41%
|
| Country | IN |
| Market Cap | 527.6B INR |
| Gross Margin |
50%
|
| Country | IT |
| Market Cap | 3.3B EUR |
| Gross Margin |
75%
|
| Country | JP |
| Market Cap | 432.1B JPY |
| Gross Margin |
22%
|
| Country | CN |
| Market Cap | 16.1B CNY |
| Gross Margin |
34%
|
| Country | CN |
| Market Cap | 14.7B CNY |
| Gross Margin |
31%
|
| Country | CN |
| Market Cap | 8.6B CNY |
| Gross Margin |
35%
|
Hangzhou Oxygen Plant Group Co Ltd
Glance View
Hangzhou Oxygen Plant Group Co., Ltd. (Hangyang), emerging from the bustling industrial heart of Hangzhou, China, crafts its narrative as an essential player in the industrial gases and engineering sector. Since its founding in 1950, the company has evolved through the waves of China's economic transformation, establishing itself as a powerhouse in designing and manufacturing air separation plants. Hangyang's operations span the production of industrial gases like oxygen, nitrogen, and argon, which are crucial components across various sectors including steel production, chemical processing, healthcare, and electronics. The company's engineering prowess is rooted in its ability to create highly efficient, large-scale air separation units that cater to diverse industrial needs, propelling its reputation as a key innovator in the field. Hangyang's financial canvas is painted with broad strokes from different revenue streams. The heart of its profitability lies in the sale of its industrial gas products and services, which are a lifeline for manufacturers and industries hungry for these essential elements. Moreover, Hangyang extends its expertise to engineering and contracting services, providing comprehensive solutions to industrial clients seeking custom setups for gas production and application. This dual approach not only leverages their technical expertise and expansive intellectual capital but also diversifies their income sources. Through strategic partnerships and continuous innovation, Hangyang ensures its foothold in domestic markets while gradually expanding its footprint internationally, capitalizing on the global demand for highly efficient and reliable industrial gas supply systems.
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 Hangzhou Oxygen Plant Group Co Ltd's most recent financial statements, the company has Gross Margin of 19.3%.
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