GoGoX innovative standard 30second order acceptance guarantee
Posted: Tue Feb 18, 2025 3:42 am
During the reporting period, BOCO Testing's R&D expenses were RMB 24.6928 million, RMB 28.1907 million, RMB 30.9456 million and RMB 18.5816 million, respectively, accounting for 6.09%, 6.14%, 6.60% and 8.67% of operating income, respectively. Although the company's R&D investment has increased, its R&D expense rate is still lower than the average of comparable listed companies in the same industry.
The ratio of the company's R&D expenses to operating denmark phone number list income is compared with comparable listed companies. Image source: Prospectus
In addition, the company faces inventory management risks. At the end of each period of the reporting period, the proportion of inventory held by BOCO Testing at customer sites to the inventory balance was relatively high, reaching 60.16%, 68.11%, 71.90% and 78.89% respectively. The company stores inventory in separate areas at the customer site, and onsite engineers will visit the customer site regularly or irregularly to take inventory and check the condition of the equipment. If the equipment is damaged or lost due to improper storage or other reasons, it may affect the company's operating performance.
1
1220
HONG KONG , Dec. 20, PRNewswire GoGoX formerly GoGoVan, a leading technology logistics solutions platform, has once again raised its service standards with the launch of the groundbreaking "30second order acceptance guarantee". Since the campaign was first launched in August, it has now expanded to more regions and launched special promotions during the Christmas season.
The ratio of the company's R&D expenses to operating denmark phone number list income is compared with comparable listed companies. Image source: Prospectus
In addition, the company faces inventory management risks. At the end of each period of the reporting period, the proportion of inventory held by BOCO Testing at customer sites to the inventory balance was relatively high, reaching 60.16%, 68.11%, 71.90% and 78.89% respectively. The company stores inventory in separate areas at the customer site, and onsite engineers will visit the customer site regularly or irregularly to take inventory and check the condition of the equipment. If the equipment is damaged or lost due to improper storage or other reasons, it may affect the company's operating performance.
1
1220
HONG KONG , Dec. 20, PRNewswire GoGoX formerly GoGoVan, a leading technology logistics solutions platform, has once again raised its service standards with the launch of the groundbreaking "30second order acceptance guarantee". Since the campaign was first launched in August, it has now expanded to more regions and launched special promotions during the Christmas season.