GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lonking Holdings Ltd (HKSE:03339) » Definitions » COGS-to-Revenue

Lonking Holdings (HKSE:03339) COGS-to-Revenue : 0.81 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Lonking Holdings COGS-to-Revenue?

Lonking Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$4,262 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$5,247 Mil.

Lonking Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lonking Holdings's Gross Margin % for the six months ended in Dec. 2023 was 18.77%.

Lonking Holdings COGS-to-Revenue Historical Data

The historical data trend for Lonking Holdings's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lonking Holdings COGS-to-Revenue Chart

Lonking Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.77 0.82 0.83 0.82

Lonking Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 0.85 0.81 0.84 0.81

Lonking Holdings COGS-to-Revenue Calculation

Lonking Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=9491.753 / 11509.753
=0.82

Lonking Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=4261.656 / 5246.635
=0.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lonking Holdings  (HKSE:03339) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Lonking Holdings's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 4261.656 / 5246.635
=18.77 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Lonking Holdings COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Lonking Holdings's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Lonking Holdings (HKSE:03339) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lonking Holdings Ltd (HKSE:03339) » Definitions » COGS-to-Revenue
Comparable Companies
HKSE:02499 HKSE:00038 HKSE:02153 HKSE:02102 HKSE:00840 HKSE:00631 HKSE:01839 CAT DE PCAR OSTO:VOLV A XTER:DTG TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326 CNHI SZSE:000425
Traded in Other Exchanges
C9IB:Germany C9IB:Germany
Address
No. 26 Mingyi Road, Xinqiao, Songjiang Industrial, Shanghai, CHN, 201612
Website
https://www.lonking.cn
Lonking Holdings Ltd is a construction and logistics machinery manufacturers in China. It produces wheel loaders, excavators, road rollers, forklifts, and other heavy equipment. In addition, the company supplies individual components, including gearboxes, converters, axles, and hydraulic components. Lonking Holdings has three operating segments: Sale of construction machinery (majority of total revenue), Finance lease of construction machinery, and Financial investment. Used equipment and leasing solutions help extend offerings and pinpoint the correct solution for each customer. Trained technicians provide aftermarket services and parts to maximize equipment efficiency. The majority of sales are derived from China.
Executives
Li San Yim 2202 Interest of your spouse
Ngai Ngan Ying 2201 Interest of corporation controlled by you
Citigroup Inc. 2502 Approved lending agent
Ngai Ngan Ying 2101 Beneficial owner

Lonking Holdings (HKSE:03339) Headlines

No Headlines