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Gross Margin
Sinocare Inc
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 | 13.1B CNY |
Gross Margin |
55%
|
Country | US |
Market Cap | 204.9B USD |
Gross Margin |
56%
|
Country | US |
Market Cap | 195.2B USD |
Gross Margin |
67%
|
Country | US |
Market Cap | 146.7B USD |
Gross Margin |
64%
|
Country | US |
Market Cap | 132.6B USD |
Gross Margin |
69%
|
Country | IE |
Market Cap | 110.6B USD |
Gross Margin |
66%
|
Country | US |
Market Cap | 64.7B USD |
Gross Margin |
45%
|
Country | DE |
Market Cap | 55.6B EUR |
Gross Margin |
38%
|
Country | CN |
Market Cap | 319.2B CNY |
Gross Margin |
65%
|
Country | US |
Market Cap | 41.6B USD |
Gross Margin |
79%
|
Country | US |
Market Cap | 37.7B USD |
Gross Margin |
41%
|
Sinocare Inc
Glance View
Sinocare, Inc. engages in the research, development, manufacture, and commercialization of biosensor-based blood glucose monitoring systems. The company is headquartered in Changsha, Hunan and currently employs 3,534 full-time employees. The company went IPO on 2012-03-19. The firm mainly provides micro blood instant blood sugar monitoring systems including blood sugar testing instruments and related blood sugar testing strips, as well as blood sugar testing systems and mobile blood sugar instruments, among others. The firm also provides diabetes management information systems. The company distributes its products within domestic market and to overseas markets under the brand name of SANNUO.
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 Sinocare Inc's most recent financial statements, the company has Gross Margin of 55%.