Shareate Tools Ltd.

Shanghai Stock Exchange 688257.SS

Shareate Tools Ltd. Gross Profit Margin for the year ending December 31, 2023: 32.52%

Shareate Tools Ltd. Gross Profit Margin is 32.52% for the year ending December 31, 2023, a 8.78% 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.
  • Shareate Tools Ltd. Gross Profit Margin for the year ending December 31, 2022 was 29.89%, a -18.71% change year over year.
  • Shareate Tools Ltd. Gross Profit Margin for the year ending December 31, 2021 was 36.77%, a -7.05% change year over year.
  • Shareate Tools Ltd. Gross Profit Margin for the year ending December 31, 2020 was 39.56%, a 5.96% change year over year.
  • Shareate Tools Ltd. Gross Profit Margin for the year ending December 31, 2019 was 37.34%, a 3.53% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
Market news
SV Wall Street
Shanghai Stock Exchange: 688257.SS

Shareate Tools Ltd.

CEO Mr. Hehong Wu
IPO Date Oct. 27, 2021
Location China
Headquarters No.6 Weixi Road
Employees 1,540
Sector Energy
Industries
Drilling Mining
Description

Shareate Tools Ltd. manufactures and sells cemented carbide products and drilling tools in China. The company offers rock drill tools, including rotary tricone bits, tri-cone drill bits, water well bits, down-the-hole (DTH) hammers, and DTH hammer bits; mining tungsten carbide products, including tungsten carbide insert, carbide substrate, shield machine tool, coal cutter pick, and tungsten carbide tubular electrode; precision components; cutting tools; tungsten carbide die products, such as carbide plates, cold headings, hobs, and powder metallurgy dies; and cermet products. It serves mining, oil drilling, metal cutting, petroleum, aerospace, electronics, shipbuilding, chemical, textile, machinery manufacturing, and other industries. The company exports its products to South America, Africa, Australia, Russia, South Korea, the United States, Canada, and other countries. The company was formerly known as Kingdream Shareate Tools Ltd. and changed its name to Shareate Tools Ltd. in May 2012. Shareate Tools Ltd. was founded in 1973 and is based in Suzhou, China.

StockViz Staff

January 30, 2025

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