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China Longyuan Power Group (China Longyuan Power Group) COGS-to-Revenue : 0.60 (As of Mar. 2024)


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What is China Longyuan Power Group COGS-to-Revenue?

China Longyuan Power Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $824 Mil. Its Revenue for the three months ended in Mar. 2024 was $1,372 Mil.

China Longyuan Power Group's COGS to Revenue for the three months ended in Mar. 2024 was 0.60.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Longyuan Power Group's Gross Margin % for the three months ended in Mar. 2024 was 39.89%.

China Longyuan Power Group COGS-to-Revenue Historical Data

The historical data trend for China Longyuan Power Group'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.

China Longyuan Power Group COGS-to-Revenue Chart

China Longyuan Power Group 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 0.64 0.63 0.64 0.66 0.64

China Longyuan Power Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 0.60 0.57 0.70 0.69 0.60

China Longyuan Power Group COGS-to-Revenue Calculation

China Longyuan Power Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=3355.137 / 5271.829
=0.64

China Longyuan Power Group's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=824.441 / 1371.505
=0.60

* 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.

China Longyuan Power Group  (OTCPK:CLPXF) COGS-to-Revenue Explanation

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

China Longyuan Power Group'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 - 824.441 / 1371.505
=39.89 %

* 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.

China Longyuan Power Group COGS-to-Revenue Related Terms

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China Longyuan Power Group (China Longyuan Power Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Longyuan Power Group Corp Ltd (OTCPK:CLPXF) » Definitions » COGS-to-Revenue
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SHSE:600025 SHSE:600905 SHSE:600886 SHSE:600795 SZSE:000883 SZSE:002608 SZSE:000539 SHSE:600021 SZSE:000591 SHSE:601016 ISX:BREN CEG WBO:VER XPRA:CEZ OCSE:ORSTED BOM:541450 XLIS:EDPR BSP:ELET3 BKK:GULF TSE:9503
Traded in Other Exchanges
CLPXY:USA 00916:Hong Kong 6WX:Germany 001289:China
Address
6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN
Website
http://www.clypg.com.cn
Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 26.2 gigawatts as of end-2022, representing about 7% of nationwide wind capacity. It has more than 400 wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 84% wind, 6% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.

China Longyuan Power Group (China Longyuan Power Group) Headlines