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Luheng Technology Group Co (BJSE:870866) COGS-to-Revenue : 0.58 (As of Mar. 2024)


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What is Luheng Technology Group Co COGS-to-Revenue?

Luheng Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥46.8 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥80.8 Mil.

Luheng Technology Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.58.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Luheng Technology Group Co's Gross Margin % for the three months ended in Mar. 2024 was 42.05%.


Luheng Technology Group Co COGS-to-Revenue Historical Data

The historical data trend for Luheng Technology Group Co'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.

Luheng Technology Group Co COGS-to-Revenue Chart

Luheng Technology Group Co 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 0.51 0.54 0.53 0.57 0.60

Luheng Technology Group Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.58 0.56 0.60 0.66 0.58

Luheng Technology Group Co COGS-to-Revenue Calculation

Luheng Technology Group Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=254.758 / 422.018
=0.60

Luheng Technology Group Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=46.817 / 80.785
=0.58

* 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.


Luheng Technology Group Co  (BJSE:870866) COGS-to-Revenue Explanation

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

Luheng Technology Group Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 46.817 / 80.785
=42.05 %

* 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.


Luheng Technology Group Co COGS-to-Revenue Related Terms

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Luheng Technology Group Co (BJSE:870866) Business Description

Traded in Other Exchanges
N/A
Address
No. 167, Haibin Road, Nansha Street, Room 804, Nansha District, Guangdong Province, Guangzhou City, CHN, 511455
Luheng Technology Group Co Ltd engages in research and development, production, and sales of pesticide products and vegetable seeds.

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