Shandong Hongyu Agricultural Machinery Co Ltd
SZSE:002890
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Shandong Hongyu Agricultural Machinery Co Ltd
Gross Margin
Shandong Hongyu Agricultural Machinery 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 | 1.8B CNY |
| Gross Margin |
17%
|
| Country | US |
| Market Cap | 122.2B USD |
| Gross Margin |
40%
|
| Country | UK |
| Market Cap | 14.6B EUR |
| Gross Margin |
24%
|
| Country | JP |
| Market Cap | 2.2T JPY |
| Gross Margin |
30%
|
| Country | US |
| Market Cap | 8.8B USD |
| Gross Margin |
34%
|
| Country | US |
| Market Cap | 7.3B USD |
| Gross Margin |
25%
|
| Country | IN |
| Market Cap | 504.4B INR |
| Gross Margin |
32%
|
| Country | SE |
| Market Cap | 34.9B SEK |
| Gross Margin |
30%
|
| Country | TR |
| Market Cap | 74.9B TRY |
| Gross Margin |
25%
|
| Country | CN |
| Market Cap | 11B CNY |
| Gross Margin |
16%
|
| Country | US |
| Market Cap | 1.4B USD |
| Gross Margin |
31%
|
Shandong Hongyu Agricultural Machinery Co Ltd
Glance View
Shandong Hongyu Agricultural Machinery Co., Ltd. engages in the research, development, manufacture and sales of tractor hydraulic lifters. The company is headquartered in Yantai, Shandong and currently employs 690 full-time employees. The company went IPO on 2017-08-02. The firm's main products include large, medium and small horsepower lifter products and related spare parts. Its spare parts mainly include the distributor, cylinder and other lifter parts. Its products are mainly applied for the manufacturing of tractors and other heavy machineries. The firm mainly distributes its products in domestic market.
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 Shandong Hongyu Agricultural Machinery Co Ltd's most recent financial statements, the company has Gross Margin of 17.4%.
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