Suofeiya Home Collection Co Ltd
SZSE:002572
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 |
|
Suofeiya Home Collection Co Ltd
SZSE:002572
|
13.7B CNY |
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|
|
| US |
|
Tempur Sealy International Inc
NYSE:TPX
|
14.3B USD |
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|
|
| US |
|
Mohawk Industries Inc
NYSE:MHK
|
7.8B USD |
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|
|
| CN |
|
Oppein Home Group Inc
SSE:603833
|
35.2B CNY |
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|
|
| CN |
|
Jason Furniture Hangzhou Co Ltd
SSE:603816
|
29.1B CNY |
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|
| TW |
|
Nien Made Enterprise Co Ltd
TWSE:8464
|
120.3B TWD |
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|
| CN |
H
|
HHC Changzhou Corp
SZSE:301061
|
19.6B CNY |
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|
|
| HK |
|
Man Wah Holdings Ltd
HKEX:1999
|
18.9B HKD |
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|
| CN |
D
|
De Rucci Healthy Sleep Co Ltd
SZSE:001323
|
11.9B CNY |
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|
|
| CN |
|
A-Zenith Home Furnishings Co Ltd
SSE:603389
|
12.1B CNY |
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|
|
| CH |
|
Forbo Holding AG
SIX:FORN
|
1.3B CHF |
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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
Suofeiya Home Collection Co Ltd
Glance View
In the bustling heart of the furniture manufacturing industry, Suofeiya Home Collection Co Ltd has carved out a niche for itself as a leader in customized home furnishings. Established in 2003, the company quickly realized the burgeoning demand for personalized living spaces in urban apartments and burgeoning middle-class households. Headquartered in the industrial hub of Guangzhou, China, Suofeiya blends innovative design with advanced manufacturing techniques to deliver bespoke wardrobes, cabinets, and kitchen systems. Their success hinges on the seamless integration of consumer preferences into their products, facilitated by smart design software and efficient production facilities. This technological edge enables Suofeiya to offer a wide array of styles and designs, fitting unique customer needs and enhancing their living environments. The financial engine propelling Suofeiya's growth is its vertically integrated model, combining direct sales networks and extensive retailing channels across China with a robust supply chain. This structure effectively reduces costs and enhances profit margins, allowing Suofeiya to offer competitive pricing to customers. Retail showrooms and a strategic online presence deepen their market penetration, while their partnership with well-known home improvement retailers has expanded their footprint. By delivering value through quality craftsmanship and tailored solutions, Suofeiya has secured a loyal customer base, ensuring steady revenue streams and positioning itself as a formidable player in the competitive landscape of customized home furnishings.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Suofeiya Home Collection Co Ltd is 33.4%, which is below its 3-year median of 34.3%.
Over the last 3 years, Suofeiya Home Collection Co Ltd’s Gross Margin has increased from 30.8% to 33.4%. During this period, it reached a low of 30.8% on Sep 30, 2022 and a high of 35.8% on Dec 31, 2023.