CITIC Heavy Industries Co., Ltd.

Shanghai Stock Exchange 601608.SS

CITIC Heavy Industries Co., Ltd. Gross Profit Margin for the year ending December 31, 2023: 19.71%

CITIC Heavy Industries Co., Ltd. Gross Profit Margin is 19.71% for the year ending December 31, 2023, a 21.44% 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.
  • CITIC Heavy Industries Co., Ltd. Gross Profit Margin for the year ending December 31, 2022 was 16.23%, a -22.49% change year over year.
  • CITIC Heavy Industries Co., Ltd. Gross Profit Margin for the year ending December 31, 2021 was 20.94%, a -13.21% change year over year.
  • CITIC Heavy Industries Co., Ltd. Gross Profit Margin for the year ending December 31, 2020 was 24.13%, a -8.09% change year over year.
  • CITIC Heavy Industries Co., Ltd. Gross Profit Margin for the year ending December 31, 2019 was 26.25%, a 7.35% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
Market news
Shanghai Stock Exchange: 601608.SS

CITIC Heavy Industries Co., Ltd.

CEO Mr. Zhiyong Zhang
IPO Date July 6, 2012
Location China
Headquarters 206 Jianshe Road
Employees 7,002
Sector Industrials
Industries
Machinery Mining
Description

CITIC Heavy Industries Co., Ltd. engages in the manufacture and sale of heavy machinery in China and internationally. The company offers grinding mills; crushers; vertical stirred mills; high pressure grinding rolls; mine hoists; vertical roller mills; rotary kilns; and liners. It also provides equipment installation, testing, maintenance, refurbishing, remote monitoring and diagnosis, upgrading and retrofitting, and performance guarantee services. The company was founded in 1956 and is based in Luoyang, China. CITIC Heavy Industries Co., Ltd. is a subsidiary of CITIC Group Corporation.

StockViz Staff

January 15, 2025

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