Shanghai Liangxin Electrical Co.,LTD.

Shenzhen Stock Exchange 002706.SZ

Shanghai Liangxin Electrical Co.,LTD. Gross Profit Margin for the year ending December 31, 2023: 31.97%

Shanghai Liangxin Electrical Co.,LTD. Gross Profit Margin is 31.97% for the year ending December 31, 2023, a 4.47% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Shanghai Liangxin Electrical Co.,LTD. Gross Profit Margin for the year ending December 31, 2022 was 30.60%, a -13.08% change year over year.
Shanghai Liangxin Electrical Co.,LTD. Gross Profit Margin for the year ending December 31, 2021 was 35.21%, a -12.65% change year over year.
Shanghai Liangxin Electrical Co.,LTD. Gross Profit Margin for the year ending December 31, 2020 was 40.30%, a -1.17% change year over year.
Shanghai Liangxin Electrical Co.,LTD. Gross Profit Margin for the year ending December 31, 2019 was 40.78%, a -0.14% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Shenzhen Stock Exchange: 002706.SZ

Shanghai Liangxin Electrical Co.,LTD.

CEO	Mr. Ping Chen
IPO Date	Jan. 21, 2014
Location	China
Headquarters	No. 2000, South ShenJiang Road
Employees	2,533
Sector	Utilities
Industries Electricity Hardware & Electronics Machinery

Description

Shanghai Liangxin Electrical Co., Ltd. researches, develops, and produces low-voltage electrical apparatus in China. The company offers automatic transfer switching equipment, industrial control products, and isolating switches, as well as molded case, miniature, and hydraulic electromagnetic circuit breakers. Its products are used in PV power generation, power transmission and distribution, wind power generation, electric power supply, rail transportation, port dock, telecom and charging facilities, industrial and commercial buildings, data centers, public buildings, civil residences, automobile manufacturing, welding equipment, and elevator conveying. The company was founded in 1999 and is headquartered in Shanghai, China.

Key trends

Past 5 years