Guangzhou GRG Metrology & Test Co Ltd
SZSE:002967
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Guangzhou GRG Metrology & Test Co Ltd
Gross Margin
Guangzhou GRG Metrology & Test 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 | 9.9B CNY |
| Gross Margin |
42%
|
| Country | UK |
| Market Cap | 67.4B GBP |
| Gross Margin |
65%
|
| Country | CA |
| Market Cap | 105.3B CAD |
| Gross Margin |
96%
|
| Country | UK |
| Market Cap | 37.9B EUR |
| Gross Margin |
63%
|
| Country | IE |
| Market Cap | 31.8B GBP |
| Gross Margin |
83%
|
| Country | NL |
| Market Cap | 37.9B EUR |
| Gross Margin |
72%
|
| Country | US |
| Market Cap | 39.4B USD |
| Gross Margin |
68%
|
| Country | US |
| Market Cap | 32.2B USD |
| Gross Margin |
56%
|
| Country | US |
| Market Cap | 29.9B USD |
| Gross Margin |
79%
|
| Country | US |
| Market Cap | 19.4B USD |
| Gross Margin |
17%
|
| Country | CH |
| Market Cap | 17.1B CHF |
| Gross Margin |
94%
|
Guangzhou GRG Metrology & Test Co Ltd
Glance View
Guangzhou GRG Metrology & Test Co., Ltd., often navigating the intricate avenues of precision and quality assurance, stands as a pillar in the world of testing and certification. Born from the dynamic industrial landscape of Guangzhou, the company embarked on a path to ensure quality and safety in a variety of sectors. Its roots are deeply intertwined with the technological advancements sweeping across China's economic heartland. Initially, GRG Metrology carved its niche by offering calibration and testing services, crucial for industries striving to meet global standards. Over time, the company expanded its expertise to cater to a wide range of industries, including electronics, automotive, and construction, each demanding rigorous adherence to international benchmarks of quality and safety. The engine driving GRG Metrology's success is its comprehensive lab infrastructure, equipped with state-of-the-art technology that supports a broad spectrum of testing services. By obtaining accreditations from authoritative bodies, the company boosts its credibility and trustworthiness among clients seeking certification. The revenue flows predominantly from contractual agreements with corporations eager to penetrate global markets, requiring certificates that vouch for their products' compliance with international standards. Additionally, GRG Metrology also delves into certification services, offering its clients a seamless transition from testing to certification adherence. This dual proficiency not only makes it a reliable partner for businesses but also ensures a steady and diversified income stream, cementing its reputation as a leader in the metrology and testing domain.
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 Guangzhou GRG Metrology & Test Co Ltd's most recent financial statements, the company has Gross Margin of 42.1%.
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