Double Medical Technology Inc
SZSE:002901

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Double Medical Technology Inc
SZSE:002901
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Price: 34.4 CNY Market Closed
Market Cap: 14.2B CNY
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Gross Margin
Double Medical Technology Inc

65.5%
Current
75%
Average
47.3%
Industry

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
65.5%
=
Gross Profit
1.1B
/
Revenue
1.7B

Gross Margin Across Competitors

Country CN
Market Cap 14.2B CNY
Gross Margin
65%
Country US
Market Cap 204.7B USD
Gross Margin
56%
Country US
Market Cap 180.7B USD
Gross Margin
67%
Country US
Market Cap 139.9B USD
Gross Margin
64%
Country US
Market Cap 124.8B USD
Gross Margin
69%
Country IE
Market Cap 114.5B USD
Gross Margin
66%
Country US
Market Cap 67.7B USD
Gross Margin
45%
Country DE
Market Cap 53.6B EUR
Gross Margin
38%
Country CN
Market Cap 338.5B CNY
Gross Margin
65%
Country US
Market Cap 40B USD
Gross Margin
79%
Country US
Market Cap 39.7B USD
Gross Margin
41%

Profitability Report

View the profitability report to see the full profitability analysis for Double Medical Technology Inc.

See Also

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What is Gross Margin?

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
65.5%
=
Gross Profit
1.1B
/
Revenue
1.7B
What is the Gross Margin of Double Medical Technology Inc?

Based on Double Medical Technology Inc's most recent financial statements, the company has Gross Margin of 65.5%.