Longfor Group Holdings (Longfor Group Holdings) COGS-to-Revenue : 0.86 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Longfor Group Holdings COGS-to-Revenue?

Longfor Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $14,286 Mil. Its Revenue for the six months ended in Dec. 2023 was $16,623 Mil.

Longfor Group Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.86.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Longfor Group Holdings's Gross Margin % for the six months ended in Dec. 2023 was 14.06%.

Longfor Group Holdings COGS-to-Revenue Historical Data

The historical data trend for Longfor Group 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.

Longfor Group Holdings COGS-to-Revenue Chart

Longfor Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.66

0.71

0.75

0.79

0.83

Longfor Group 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															0.76	0.79	0.79	0.78	0.86

Longfor Group Holdings COGS-to-Revenue Calculation

Longfor Group 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
	=	21029.205	/	25312.537
	=	0.83

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	14286.46	/	16623.086
	=	0.86

Longfor Group Holdings (OTCPK:LGFRY) COGS-to-Revenue Explanation

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

Longfor Group 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	-	14286.46 / 16623.086
	=	14.06 %

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.

Longfor Group Holdings COGS-to-Revenue Related Terms

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

Longfor Group Holdings (Longfor Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Longfor Group Holdings Ltd (OTCPK:LGFRY) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

LNGPF:USA 00960:Hong Kong RLF:Germany

Address

No. 8 Beiyuan Street, Building 6, Beijing Longfor Blue Engine Industrial Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.longfor.com

Longfor Group Holdings, or Longfor, is a privately owned real estate developer in China with contracted sales value placing it among the top 10 of all China's developers. The company focuses on developing high-quality residential projects, as well as operating shopping malls and rental apartments in China's wealthier cities. Property development represents the majority of Longfor's revenue and gross profit, while income from commercial properties, property management, and project management services have been growing fast. At the end of 2022, Wu Yajun remained Longfor's largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.