Shanghai Friendess Electronic Technology Corporation Limited

Shanghai Stock Exchange 688188.SS

Shanghai Friendess Electronic Technology Corporation Limited Gross Profit Margin for the year ending December 31, 2023: 79.99%

Shanghai Friendess Electronic Technology Corporation Limited Gross Profit Margin is 79.99% for the year ending December 31, 2023, a 1.28% 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 Friendess Electronic Technology Corporation Limited Gross Profit Margin for the year ending December 31, 2022 was 78.97%, a -1.64% change year over year.
Shanghai Friendess Electronic Technology Corporation Limited Gross Profit Margin for the year ending December 31, 2021 was 80.29%, a -0.54% change year over year.
Shanghai Friendess Electronic Technology Corporation Limited Gross Profit Margin for the year ending December 31, 2020 was 80.73%, a -0.97% change year over year.
Shanghai Friendess Electronic Technology Corporation Limited Gross Profit Margin for the year ending December 31, 2019 was 81.52%, a 0.43% change year over year.

Key data

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

Shanghai Stock Exchange: 688188.SS

Shanghai Friendess Electronic Technology Corporation Limited

CEO	Ms. Donglei Han
IPO Date	Aug. 8, 2019
Location	China
Headquarters	No. 322, Jianchuan Road
Employees	864
Sector	Industrials
Industries Machinery

Description

Shanghai Friendess Electronic Technology Corporation Limited engages in the research and development, manufacture, and sale of laser cutting control systems. It offers set of control systems for fiber laser cutting; laser cutting equipment; follow-up control systems, boards control systems, bus control systems, and other related supporting products; and servo systems. The company was founded in 2007 and is based in Shanghai, China.

Key trends

Past 5 years