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Ningbo Ligong Environment and Energy Technology Co (SZSE:002322) COGS-to-Revenue : 0.27 (As of Mar. 2024)


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What is Ningbo Ligong Environment and Energy Technology Co COGS-to-Revenue?

Ningbo Ligong Environment and Energy Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥45 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥166 Mil.

Ningbo Ligong Environment and Energy Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.27.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ningbo Ligong Environment and Energy Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 72.75%.

Ningbo Ligong Environment and Energy Technology Co COGS-to-Revenue Historical Data

The historical data trend for Ningbo Ligong Environment and Energy Technology 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.

Ningbo Ligong Environment and Energy Technology Co COGS-to-Revenue Chart

Ningbo Ligong Environment and Energy Technology 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 0.41 0.44 0.40 0.37 0.39

Ningbo Ligong Environment and Energy Technology 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 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 0.35 0.32 0.37 0.45 0.27

Ningbo Ligong Environment and Energy Technology Co COGS-to-Revenue Calculation

Ningbo Ligong Environment and Energy Technology 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
=431.018 / 1098.341
=0.39

Ningbo Ligong Environment and Energy Technology Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=45.268 / 166.116
=0.27

* 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.

Ningbo Ligong Environment and Energy Technology Co  (SZSE:002322) COGS-to-Revenue Explanation

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

Ningbo Ligong Environment and Energy Technology 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 - 45.268 / 166.116
=72.75 %

* 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.

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Ningbo Ligong Environment and Energy Technology Co (SZSE:002322) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Ligong Environment and Energy Technology Co Ltd (SZSE:002322) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:301368 SHSE:601002 SZSE:002150 SZSE:300179 SHSE:688308 SZSE:002282 SHSE:605056 SZSE:300488 SZSE:300011 SZSE:300193 HKSE:00669 SNA SWK LECO TTC OSTO:SKF B TSE:6586 RBC TKR TSE:9962
Traded in Other Exchanges
N/A
Address
No. 22, Caofeijiang Road, Bonded Area, Zhejiang, Ningbo, CHN, 315806
Website
http://www.lgom.com.cn
Ningbo Ligong Environment and Energy Technology Co Ltd develops and supplies online monitoring products and service for electric power industry in China. Its products and solutions include smart grid online monitoring, environmental monitoring, environmental protection and power information and environmental governance.
Executives
Li Xue Hui Secretary Dong
Zhu Lin Sheng Director
Ou Yang Qiang Executives
Yu Xue Director
Wang Bi Kao Executives
Chen Kui Independent director
Yu Ling Jia Securities Affairs Representative
Zhou Fang Jie Directors, executives
Wu Wei Guo Executives
Zhao Shu Qiu Executives
Wang Hui Fen Executives
Zhao Yong Directors, executives
Xu Qing Song Directors, executives
Yang Liu Feng Directors, executives
Zhang Peng Xiang Directors, executives

Ningbo Ligong Environment and Energy Technology Co (SZSE:002322) Headlines

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