Ningbo Ligong Online Stock Gross Profit

002322 Stock   13.27  0.36  2.64%   
Ningbo Ligong Online fundamentals help investors to digest information that contributes to Ningbo Ligong's financial success or failures. It also enables traders to predict the movement of Ningbo Stock. The fundamental analysis module provides a way to measure Ningbo Ligong's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ningbo Ligong stock.
Last ReportedProjected for Next Year
Gross Profit667.3 M601.8 M
As of December 15, 2024, Gross Profit is expected to decline to about 601.8 M.
  
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Ningbo Ligong Online Company Gross Profit Analysis

Ningbo Ligong's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Ningbo Ligong Gross Profit

    
  614.19 M  
Most of Ningbo Ligong's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ningbo Ligong Online is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Ningbo Ligong Online reported 614.19 M of gross profit. This is 84.83% lower than that of the Electrical Equipment sector and 49.94% lower than that of the Industrials industry. The gross profit for all China stocks is 97.76% higher than that of the company.

Ningbo Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ningbo Ligong's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ningbo Ligong could also be used in its relative valuation, which is a method of valuing Ningbo Ligong by comparing valuation metrics of similar companies.
Ningbo Ligong is currently under evaluation in gross profit category among its peers.

Ningbo Fundamentals

About Ningbo Ligong Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ningbo Ligong Online's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ningbo Ligong using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ningbo Ligong Online based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Ningbo Stock

Ningbo Ligong financial ratios help investors to determine whether Ningbo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ningbo with respect to the benefits of owning Ningbo Ligong security.