Letong Chemical Co (SZSE:002319) COGS-to-Revenue : 0.81 (As of Mar. 2025)

View and export this data going back to 2009. Start your Free Trial

What is Letong Chemical Co COGS-to-Revenue?

Letong Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥76.5 Mil. Its Revenue for the three months ended in Mar. 2025 was ¥94.1 Mil.

Letong Chemical Co's COGS to Revenue for the three months ended in Mar. 2025 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Letong Chemical Co's Gross Margin % for the three months ended in Mar. 2025 was 18.66%.

Letong Chemical Co COGS-to-Revenue Historical Data

The historical data trend for Letong Chemical 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.

Letong Chemical Co COGS-to-Revenue Chart

Letong Chemical Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

Get a 7-Day Free Trial

0.76

0.82

0.80

0.75

0.81

Letong Chemical Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
COGS-to-Revenue	Get a 7-Day Free Trial															0.82	0.85	0.84	0.70	0.81

Letong Chemical Co COGS-to-Revenue Calculation

Letong Chemical Co's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	322.306	/	398.44
	=	0.81

Letong Chemical Co's COGS to Revenue for the quarter that ended in Mar. 2025 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	76.543	/	94.097
	=	0.81

Letong Chemical Co (SZSE:002319) COGS-to-Revenue Explanation

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

Letong Chemical Co's Gross Margin % for the three months ended in Mar. 2025 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	76.543 / 94.097
	=	18.66 %

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.

Letong Chemical Co COGS-to-Revenue Related Terms

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

Letong Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Letong Chemical Co Ltd (SZSE:002319) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Letong Industrial Park, Jinding Guantang, Guangdong Province, Zhuhai, CHN, 519085

Website

http://www.letongink.com

Letong Chemical Co Ltd is engaged in the research, development, production, and sales of medium and high grade ink coatings. The products of the company include ink series, powder coating, automotive coating, and color matching system.

Executives

Liu Ming	Executives
Huang Jie	Director
Kuai Shu Hong	Supervisors
Li Hua	Directors, executives
Zhang Bin Xian	Directors, executives
He Xi Sen	Supervisors

Letong Chemical Co Headlines

No Headlines