Ningbo Zhenyu Technology Co Ltd
SZSE:300953
Gross Margin
Ningbo Zhenyu Technology 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 | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CN |
|
Ningbo Zhenyu Technology Co Ltd
SZSE:300953
|
14.6B CNY |
12%
|
|
| JP |
I
|
Ishii Iron Works Co Ltd
TSE:6362
|
304.2T JPY |
28%
|
|
| US |
|
Parker-Hannifin Corp
NYSE:PH
|
68.5B USD |
36%
|
|
| SE |
|
Atlas Copco AB
STO:ATCO A
|
668.2B SEK |
43%
|
|
| US |
|
Illinois Tool Works Inc
NYSE:ITW
|
65.2B USD |
44%
|
|
| JP |
|
Mitsubishi Heavy Industries Ltd
TSE:7011
|
6.9T JPY |
21%
|
|
| US |
|
Otis Worldwide Corp
NYSE:OTIS
|
36.6B USD |
30%
|
|
| CH |
|
Schindler Holding AG
SIX:SCHP
|
27.7B CHF |
22%
|
|
| US |
|
Ingersoll Rand Inc
NYSE:IR
|
27.4B USD |
44%
|
|
| FI |
K
|
Kone Oyj
OMXH:KNEBV
|
24.4B EUR |
21%
|
|
| US |
|
Xylem Inc
NYSE:XYL
|
25.2B USD |
38%
|
Ningbo Zhenyu Technology Co Ltd
Glance View
Ningbo Zhenyu Technology Co Ltd, nestled in the industrial heartland of China, has quietly cultivated a reputation for precision and innovation. Established as a beacon of engineering excellence, the company specializes in the design and manufacture of automotive components, particularly focusing on electronic throttle control systems and other crucial automotive sensors. Its success lies in a meticulous melding of cutting-edge technology and a deep understanding of market needs, enabling it to produce high-quality components that cater to an evolving automotive landscape. By positioning itself at the nexus of automotive innovation, Ningbo Zhenyu has become a trusted partner for major automotive manufacturers, ensuring that they consistently meet the demands of efficiency, safety, and performance. Revenue streams for Ningbo Zhenyu predominantly flow from supplying these high-precision components to a vast array of automobile manufacturers, both domestic and international. The company's prowess lies in its ability to maintain both a diverse product portfolio and an agile production process. This flexibility allows it to quickly adapt to industry shifts, such as the increasing demand for electric vehicles and hybrid systems. Furthermore, the company's commitment to research and development fuels its competitive edge, driving sustained growth. The blend of strategic partnerships and innovation-centric growth has underpinned Ningbo Zhenyu's journey from a regional manufacturing hub to a formidable player in the global automotive component market.
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 Ningbo Zhenyu Technology Co Ltd's most recent financial statements, the company has Gross Margin of 11.5%.
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