GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » LONGi Green Energy Technology Co Ltd (SHSE:601012) » Definitions » COGS-to-Revenue

LONGi Green Energy Technology Co (SHSE:601012) COGS-to-Revenue : 0.91 (As of Mar. 2024)


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

What is LONGi Green Energy Technology Co COGS-to-Revenue?

LONGi Green Energy Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥16,103 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥17,674 Mil.

LONGi Green Energy Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.91.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. LONGi Green Energy Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 8.89%.

LONGi Green Energy Technology Co COGS-to-Revenue Historical Data

The historical data trend for LONGi Green 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.

LONGi Green Energy Technology Co COGS-to-Revenue Chart

LONGi Green 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 0.71 0.75 0.80 0.85 0.82

LONGi Green 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 0.82 0.80 0.79 0.85 0.91

LONGi Green Energy Technology Co COGS-to-Revenue Calculation

LONGi Green 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
=105852.25 / 129497.674
=0.82

LONGi Green 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
=16102.693 / 17673.585
=0.91

* 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.

LONGi Green Energy Technology Co  (SHSE:601012) COGS-to-Revenue Explanation

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

LONGi Green 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 - 16102.693 / 17673.585
=8.89 %

* 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.

LONGi Green Energy Technology Co COGS-to-Revenue Related Terms

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

LONGi Green Energy Technology Co (SHSE:601012) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » LONGi Green Energy Technology Co Ltd (SHSE:601012) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:002371 SHSE:688012 SZSE:002129 SZSE:000100 SZSE:300316 SHSE:688082 SHSE:688126 SHSE:603806 SHSE:688072 SZSE:300751 XAMS:ASML AMAT LRCX KLAC TSE:8035 XAMS:ASM TSE:6146 TSE:6857 TSE:6920 ENTG
Traded in Other Exchanges
N/A
Address
Innovation Incubation Center Block B, Shangji Road 8989 Xi'an Service Outsourcing Industrial Park, Xi'an Economic and Technological Development Zone, Xian, CHN, 710018
Website
http://www.longigroup.com
LONGi Green Energy Technology is the largest integrated solar company in the world. It produced 85.9 gigawatts of solar silicon wafers and 48.2 GW of solar modules in 2022, both the most globally. Solar silicon wafer and solar module contributed 30% and 66% of revenue in 2022, respectively. LONGi's production bases are mostly in China. LONGi's products are sold in more than 150 countries and regions.
Executives
Zhong Bao Shen Director
Tian Ye Director
Liu Xue Wen Director
Bai Zhong Xue Director
Liu Xiao Dong senior management
Li Zhen Guo Director
Qin Yong Bo Supervisors
Xu Da Peng Director
Zou Zong Hai Director
Li Chun An Director
Wang Xiao Zhe senior management
Huang Li Xin senior management
Dai Su Supervisors
Hu Zhong Xiang Director
Zhang Yi Tao senior management

LONGi Green Energy Technology Co (SHSE:601012) Headlines

No Headlines