å¹»ç¯ç 1 - China Gerui Advanced Materials Group
å¹»ç¯ç 1 - China Gerui Advanced Materials Group
å¹»ç¯ç 1 - China Gerui Advanced Materials Group
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High Margins /<br />
Cost Plus Pricing Model<br />
16<br />
• Our leading market position as a supplier of choice provides us with an ~30%<br />
gross margin<br />
• We have a cost-plus pricing strategy<br />
‣ We pass on raw material price increase to our customers while maintaining<br />
or increasing our gross margins even in the face or rising steel prices<br />
Gross Profit (in $mm)<br />
$ million<br />
$70<br />
$60<br />
$50<br />
$40<br />
$30<br />
$20<br />
$10<br />
$0<br />
27%<br />
$26.4<br />
28%<br />
$39.1<br />
27%<br />
$53.9<br />
30%<br />
30%<br />
$65.8 $48.8<br />
2006 2007 2008 2009 9mo.<br />
2009<br />
30%<br />
$56.4<br />
9mo.<br />
2010<br />
31%<br />
30%<br />
29%<br />
28%<br />
27%<br />
26%<br />
25%<br />
Gross Margin
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