Suofeiya Home Collection Co Ltd
SZSE:002572
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Suofeiya Home Collection Co Ltd
Gross Margin
Suofeiya Home Collection 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 | 16.3B CNY |
| Gross Margin |
35%
|
| Country | US |
| Market Cap | 9.6B USD |
| Gross Margin |
45%
|
| Country | US |
| Market Cap | 7.5B USD |
| Gross Margin |
26%
|
| Country | CN |
| Market Cap | 41.4B CNY |
| Gross Margin |
35%
|
| Country | TW |
| Market Cap | 111.5B TWD |
| Gross Margin |
56%
|
| Country | CN |
| Market Cap | 23B CNY |
| Gross Margin |
32%
|
| Country | HK |
| Market Cap | 18B HKD |
| Gross Margin |
40%
|
| Country | CN |
| Market Cap | 14.7B CNY |
| Gross Margin |
49%
|
| Country | US |
| Market Cap | 1.8B USD |
| Gross Margin |
43%
|
| Country | CN |
| Market Cap | 10.3B CNY |
| Gross Margin |
34%
|
| Country | US |
| Market Cap | 1.3B USD |
| Gross Margin |
18%
|
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 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 Suofeiya Home Collection Co Ltd's most recent financial statements, the company has Gross Margin of 35.3%.
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