Xinxiang Richful Lube Additive Co Ltd
SZSE:300910
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Gross Margin
Xinxiang Richful Lube Additive 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 | 12.7B CNY |
Gross Margin |
36%
|
Country | US |
Market Cap | 86.9B USD |
Gross Margin |
48%
|
Country | US |
Market Cap | 68B USD |
Gross Margin |
43%
|
Country | JP |
Market Cap | 10.1T JPY |
Gross Margin |
38%
|
Country | CH |
Market Cap | 36.5B CHF |
Gross Margin |
43%
|
Country | US |
Market Cap | 32.1B USD |
Gross Margin |
36%
|
Country | CN |
Market Cap | 232.7B CNY |
Gross Margin |
15%
|
Country | US |
Market Cap | 27.9B USD |
Gross Margin |
42%
|
Country | CH |
Market Cap | 26.1B EUR |
Gross Margin |
25%
|
Country | IN |
Market Cap | 2.2T INR |
Gross Margin |
43%
|
Country | DK |
Market Cap | 165.6B DKK |
Gross Margin |
54%
|
Xinxiang Richful Lube Additive Co Ltd
Glance View
Nestled in the industrial heart of China, Xinxiang Richful Lube Additive Co., Ltd. has carved a niche in a rather specialized but indispensable sector—lubricant additives. The company manufactures and supplies a comprehensive array of additive products that enhance the performance of lubricants used across diverse applications, from automotive engines to heavy-duty industrial machinery. The journey of Richful Lube began with a vision to innovate and provide tailored chemical solutions to meet the ever-evolving demands of modern lubrication technology. Their product portfolio is a testament to their prowess, encompassing detergent, dispersant, antioxidant, anti-wear, and extreme pressure additives. Through a blend of scientific expertise and a keen understanding of market needs, the firm positions itself as a critical player in minimizing friction and wear, thereby extending the life and efficiency of mechanical systems worldwide. Richful Lube’s business model thrives on its ability to seamlessly integrate research, manufacturing, and global marketing. The company's state-of-the-art research and development facilities are pivotal in ensuring its products remain at the cutting edge, catering to increasingly stringent environmental and industry regulations. Revenue generation is primarily driven by supplying to lubricant manufacturers, who rely on Richful’s additives to formulate superior, high-performance lubricants. By maintaining robust relationships with both local and international clients, the company ensures a steady flow of demand. Furthermore, through strategic partnerships and a keen emphasis on innovation, Xinxiang Richful Lube Additive Co., Ltd. not only fortifies its competitive position but also continually seeks opportunities for growth in a marketplace where efficiency and reliability are paramount.
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 Xinxiang Richful Lube Additive Co Ltd's most recent financial statements, the company has Gross Margin of 35.8%.