Ningxia Qinglong Pipes Industry Group Co., Ltd.

Shenzhen Stock Exchange 002457.SZ

Ningxia Qinglong Pipes Industry Group Co., Ltd. Gross Profit Margin for the year ending December 31, 2023: 30.01%

Ningxia Qinglong Pipes Industry Group Co., Ltd. Gross Profit Margin is 30.01% for the year ending December 31, 2023, a 8.55% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Ningxia Qinglong Pipes Industry Group Co., Ltd. Gross Profit Margin for the year ending December 31, 2022 was 27.64%, a 4.53% change year over year.
Ningxia Qinglong Pipes Industry Group Co., Ltd. Gross Profit Margin for the year ending December 31, 2021 was 26.45%, a 0.88% change year over year.
Ningxia Qinglong Pipes Industry Group Co., Ltd. Gross Profit Margin for the year ending December 31, 2020 was 26.21%, a -25.45% change year over year.
Ningxia Qinglong Pipes Industry Group Co., Ltd. Gross Profit Margin for the year ending December 31, 2019 was 35.17%, a 26.92% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Shenzhen Stock Exchange: 002457.SZ

Ningxia Qinglong Pipes Industry Group Co., Ltd.

CEO	Mr. Jingze Zhang
IPO Date	Aug. 3, 2010
Location	China
Headquarters	Yinchuan Advanced Technology Fusion Inno
Employees	2,186
Sector	Energy
Industries Pipeline Transport Construction

Description

Ningxia Qinglong Pipes Industry Group Co., Ltd. designs, manufactures, and sells concrete pressure water transmission pipes in China. The company's products include prestressed concrete steel cylinder pipes, rebar wound concrete steel cylinder pressure pipes, prestressed concrete pipes, and reinforced concrete drainage pipes; impact-resistant modified and unplasticized polyvinyl chloride pipes for water supply; steel mesh skeleton plastic composite pipes; and PE-RTII heat-resistant polyethylene heating pipes. It also provides buried high density polyethylene piping systems for gas; intelligent water saving irrigation systems; ductile iron pipes; and urban underground pipes. The company was formerly known as Ningxia Qinglong Pipes Industry Co.,LTD. and changed its name to Ningxia Qinglong Pipes Industry Group Co., Ltd. in February 2020. Ningxia Qinglong Pipes Industry Group Co., Ltd. was founded in 1974 and is based in Yinchuan, China.

Key trends

Past 5 years