Luxin Venture Capital Group Co (SHSE:600783) COGS-to-Revenue : 0.66 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Luxin Venture Capital Group Co COGS-to-Revenue?

Luxin Venture Capital Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥10.93 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥16.66 Mil.

Luxin Venture Capital Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.66.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Luxin Venture Capital Group Co's Gross Margin % for the three months ended in Mar. 2024 was 34.40%.

Luxin Venture Capital Group Co COGS-to-Revenue Historical Data

The historical data trend for Luxin Venture Capital 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.

Luxin Venture Capital Group Co COGS-to-Revenue Chart

Luxin Venture Capital Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.72

0.71

0.70

0.65

0.60

Luxin Venture Capital Group Co 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															0.89	0.51	0.73	-2.21	0.66

Luxin Venture Capital Group Co COGS-to-Revenue Calculation

Luxin Venture Capital 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
	=	47.782	/	80.293
	=	0.60

Luxin Venture Capital 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
	=	10.929	/	16.66
	=	0.66

Luxin Venture Capital Group Co (SHSE:600783) COGS-to-Revenue Explanation

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

Luxin Venture Capital 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	-	10.929 / 16.66
	=	34.40 %

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.

Luxin Venture Capital Group Co COGS-to-Revenue Related Terms

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

Luxin Venture Capital Group Co (SHSE:600783) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luxin Venture Capital Group Co Ltd (SHSE:600783) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

9999 Jingshi Road, Golden Times Square, 4th Floor, Block C, Jinan, CHN, 250101

Website

http://www.600783.cn

Luxin Venture Capital Group Co Ltd is a China-based venture capital company. It is engaged in the investment in industries such as advanced manufacturing, modern agriculture, and marine economy; strategic emerging industries such as information technology, energy conservation and environmental protection, new energy, new materials, biotechnology and high-end equipment manufacturing. It is also involved in the fund management business which includes government-managed investment funds and market-oriented self-investment funds.

Executives

Wang Xu Dong	Director
Zhang Yan Ming	Director

Luxin Venture Capital Group Co (SHSE:600783) Headlines

No Headlines