37 Interactive Entertainment Network Technology Group Co Ltd
SZSE:002555
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37 Interactive Entertainment Network Technology Group Co Ltd
Gross Margin
37 Interactive Entertainment Network Technology 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 | 35.4B CNY |
| Gross Margin |
79%
|
| Country | US |
| Market Cap | 74.1B USD |
| Gross Margin |
70%
|
| Country | JP |
| Market Cap | 10.7T JPY |
| Gross Margin |
57%
|
| Country | SG |
| Market Cap | 63.1B USD |
| Gross Margin |
42%
|
| Country | CN |
| Market Cap | 59.8B USD |
| Gross Margin |
63%
|
| Country | US |
| Market Cap | 39.2B USD |
| Gross Margin |
78%
|
| Country | US |
| Market Cap | 38.7B USD |
| Gross Margin |
79%
|
| Country | US |
| Market Cap | 32.1B USD |
| Gross Margin |
57%
|
| Country | JP |
| Market Cap | 2T JPY |
| Gross Margin |
47%
|
| Country | JP |
| Market Cap | 1.9T JPY |
| Gross Margin |
63%
|
| Country | KR |
| Market Cap | 14T KRW |
| Gross Margin |
0%
|
37 Interactive Entertainment Network Technology Group Co Ltd
Glance View
Once a fledgling start-up in the bustling tech hub of Guangzhou, 37 Interactive Entertainment Network Technology Group Co Ltd has grown into a formidable player in the online gaming industry. Founded in 2011, the company rode the crest of China's burgeoning internet wave, capitalizing on an engaged digital populace hungry for immersive entertainment experiences. With a strategic focus on mobile and browser-based games, 37 Interactive developing and publishing a varied portfolio that ranges from role-playing games to strategy-based engagements. This allows them not only to captivate diverse gaming demographics but also to adapt rapidly to evolving consumer preferences and technological advancements. Revenue streams for 37 Interactive Entertainment are primarily driven by in-game purchases and microtransactions, as the company's free-to-play model encourages a large player base to participate in its virtual worlds. By focusing on engaging content and continuous updates, the company fosters a robust community around its titles, enhancing player loyalty and increasing the likelihood of spending on premium features and virtual goods. Beyond domestic success, 37 Interactive has strategically expanded its footprint internationally, leveraging partnerships and local insights to tailor its offerings across different cultures. These calculated maneuvers not only diversify their revenue streams but also safeguard against regional market volatility, positioning the company as a forward-thinking entity in the competitive realm of interactive digital entertainment.
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 37 Interactive Entertainment Network Technology Group Co Ltd's most recent financial statements, the company has Gross Margin of 79.2%.
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