Luoyang Xinqianglian Slewing Bearing Co Ltd
SZSE:300850
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Operating Margin
Luoyang Xinqianglian Slewing Bearing Co Ltd
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | CN |
| Market Cap | 8.3B CNY |
| Operating Margin |
10%
|
| Country | US |
| Market Cap | 91B USD |
| Operating Margin |
20%
|
| Country | US |
| Market Cap | 81.3B USD |
| Operating Margin |
26%
|
| Country | SE |
| Market Cap | 848.9B SEK |
| Operating Margin |
21%
|
| Country | JP |
| Market Cap | 7.8T JPY |
| Operating Margin |
6%
|
| Country | US |
| Market Cap | 41.9B USD |
| Operating Margin |
20%
|
| Country | US |
| Market Cap | 40.4B USD |
| Operating Margin |
15%
|
| Country | US |
| Market Cap | 30.8B USD |
| Operating Margin |
14%
|
| Country | CH |
| Market Cap | 27.4B CHF |
| Operating Margin |
8%
|
| Country | US |
| Market Cap | 28.1B USD |
| Operating Margin |
17%
|
| Country | JP |
| Market Cap | 4.3T JPY |
| Operating Margin |
24%
|
Luoyang Xinqianglian Slewing Bearing Co Ltd
Glance View
Luoyang Xinqianglian Slewing Bearing Co., Ltd. engages in the research, development, production, and sale of large slewing bearings and industrial forgings. The company is headquartered in Luoyang, Henan and currently employs 1,921 full-time employees. The company went IPO on 2020-07-13. The firm operates two business segments. The Slewing Bearing segment is engaged in the production and sale of slewing bearing products. The Forging segment is engaged in the production and sale of ring forging products. The firm's main products include wind power spindle bearings, yaw bearings, pitch bearings, shield machine bearings and key parts, offshore engineering equipment crane slewing bearings and forgings. Its products are mainly used in fields such as wind turbines, shield machines, offshore equipment and construction machinery. The firm conducts its businesses within the domestic market and to overseas markets.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Luoyang Xinqianglian Slewing Bearing Co Ltd's most recent financial statements, the company has Operating Margin of 9.6%.
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