Zhejiang Hongchang Electrical Technology Co., Ltd.

Shenzhen Stock Exchange 301008.SZ

Zhejiang Hongchang Electrical Technology Co., Ltd. Gross Profit Margin for the year ending December 31, 2023: 20.22%

Zhejiang Hongchang Electrical Technology Co., Ltd. Gross Profit Margin is 20.22% for the year ending December 31, 2023, a 12.75% 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.
  • Zhejiang Hongchang Electrical Technology Co., Ltd. Gross Profit Margin for the year ending December 31, 2022 was 17.94%, a -4.86% change year over year.
  • Zhejiang Hongchang Electrical Technology Co., Ltd. Gross Profit Margin for the year ending December 31, 2021 was 18.85%, a -28.83% change year over year.
  • Zhejiang Hongchang Electrical Technology Co., Ltd. Gross Profit Margin for the year ending December 31, 2020 was 26.49%, a -10.82% change year over year.
  • Zhejiang Hongchang Electrical Technology Co., Ltd. Gross Profit Margin for the year ending December 31, 2019 was 29.70%, a 13.50% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
Market news
Shenzhen Stock Exchange: 301008.SZ

Zhejiang Hongchang Electrical Technology Co., Ltd.

CEO Mr. Can Lu
IPO Date June 11, 2021
Location China
Headquarters No. 788, Xinhong Road
Employees 1,475
Sector Industrials
Industries
Machinery Chemicals & Advanced Materials Water
Description

Zhejiang Hongchang Electrical Technology Co., Ltd. engages in the research, production, and sale of fluid solenoid valves, water level sensors, and modular components in China. The company also offers valves for washing machines, dishwashers, smart toilets, and water purifiers; machine water level sensor; door lock for washing machine; high and low pressure switch for water purifiers; and dispenser and auto dosing. The company was founded in 1996 and is based in Jinhua, China.

StockViz Staff

January 15, 2025

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