Ziel Home Furnishing Technology Co Ltd
SZSE:301376
Gross Margin
Ziel Home Furnishing 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 |
Z
|
Ziel Home Furnishing Technology Co Ltd
SZSE:301376
|
7.1B CNY |
35%
|
|
| US |
|
Tempur Sealy International Inc
NYSE:TPX
|
14.3B USD |
45%
|
|
| US |
|
Mohawk Industries Inc
NYSE:MHK
|
6.7B USD |
26%
|
|
| CN |
|
Oppein Home Group Inc
SSE:603833
|
38.8B CNY |
35%
|
|
| TW |
|
Nien Made Enterprise Co Ltd
TWSE:8464
|
113.7B TWD |
57%
|
|
| CN |
|
Jason Furniture Hangzhou Co Ltd
SSE:603816
|
18.7B CNY |
32%
|
|
| CN |
|
Suofeiya Home Collection Co Ltd
SZSE:002572
|
14.9B CNY |
35%
|
|
| HK |
|
Man Wah Holdings Ltd
HKEX:1999
|
15.5B HKD |
40%
|
|
| CN |
D
|
De Rucci Healthy Sleep Co Ltd
SZSE:001323
|
11.9B CNY |
50%
|
|
| US |
|
La-Z-Boy Inc
NYSE:LZB
|
1.6B USD |
44%
|
|
| CN |
H
|
HHC Changzhou Corp
SZSE:301061
|
11.5B CNY |
34%
|
Ziel Home Furnishing Technology Co Ltd
Glance View
Ziel Home Furnishing Technology Co Ltd, a dynamic presence in the realm of digital commerce, has carved out a niche for itself by blending innovative design with an efficient supply chain. Founded in China, the company initially focused on leveraging its access to sophisticated manufacturing resources to produce a diverse array of home furnishings. Recognizing the shifting tides of consumer behavior, Ziel pivoted towards an e-commerce-centric model, selling directly to consumers through various online platforms. This approach not only allowed the company to circumvent traditional retail channels but also to gather valuable data on consumer preferences, which in turn informed their product development and marketing strategies. In the competitive landscape of home furnishings, Ziel distinguishes itself by offering a customizable range of products, effectively tapping into the growing demand for personalized living spaces. Their commitment to quality and customer satisfaction is exemplified through their agile development process, which ensures new product lines are quickly integrated into their comprehensive catalog. Financially, Ziel capitalizes on its streamlined production and distribution capabilities, maximizing margins by reducing overhead costs associated with brick-and-mortar operations. This strategy positions Ziel Home Furnishing Technology Co Ltd as a formidable player in the global home furnishings market, continuously adapting to maintain its growth trajectory and meet the evolving needs of its consumer base.
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 Ziel Home Furnishing Technology Co Ltd's most recent financial statements, the company has Gross Margin of 34.9%.
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