Wencan Group Co.,Ltd.

Shanghai Stock Exchange 603348.SS

Wencan Group Co.,Ltd. Gross Profit Margin for the year ending December 31, 2023: 14.97%

Wencan Group Co.,Ltd. Gross Profit Margin is 14.97% for the year ending December 31, 2023, a -18.94% 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.

Wencan Group Co.,Ltd. Gross Profit Margin for the year ending December 31, 2022 was 18.47%, a -0.13% change year over year.
Wencan Group Co.,Ltd. Gross Profit Margin for the year ending December 31, 2021 was 18.50%, a -21.51% change year over year.
Wencan Group Co.,Ltd. Gross Profit Margin for the year ending December 31, 2020 was 23.56%, a -1.35% change year over year.
Wencan Group Co.,Ltd. Gross Profit Margin for the year ending December 31, 2019 was 23.89%, a -13.25% change year over year.

Key data

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

Shanghai Stock Exchange: 603348.SS

Wencan Group Co.,Ltd.

CEO	Mr. Jie Xiong Tang
IPO Date	May 9, 2018
Location	China
Headquarters	Baimeng Bridge
Employees	5,963
Sector	Consumer Discretionary
Industries Automotive Parts Aluminum Automobiles & Vehicles

Description

Wencan Group Co.,Ltd. researches, develops, manufactures, and sells automobile aluminum alloy precision die castings worldwide. The company's products have applications in engine systems, transmission systems, chassis systems, braking systems, body structure fields, and other auto parts in traditional fuel vehicles and new energy vehicles. It serves vehicle manufacturers and auto parts suppliers. The company was formerly known as Guangdong Wencan Die Casting Co., Ltd. and changed its name to Wencan Group Co.,Ltd. in July 2021. Wencan Group Co.,Ltd. was founded in 1998 and is headquartered in Foshan, China.

Key trends

Past 5 years