UE Furniture Co (SHSE:603600) COGS-to-Revenue : 0.78 (As of Mar. 2024)

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What is UE Furniture Co COGS-to-Revenue?

UE Furniture Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥667 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥857 Mil.

UE Furniture Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.78.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. UE Furniture Co's Gross Margin % for the three months ended in Mar. 2024 was 22.11%.

UE Furniture Co COGS-to-Revenue Historical Data

The historical data trend for UE Furniture 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.

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UE Furniture Co COGS-to-Revenue Chart

UE Furniture Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.80

0.81

0.85

0.81

0.77

UE Furniture 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															0.78	0.76	0.77	0.78	0.78

UE Furniture Co COGS-to-Revenue Calculation

UE Furniture 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
	=	2728.813	/	3538.361
	=	0.77

UE Furniture Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	667.234	/	856.686
	=	0.78

UE Furniture Co (SHSE:603600) COGS-to-Revenue Explanation

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

UE Furniture 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	-	667.234 / 856.686
	=	22.11 %

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.

UE Furniture Co COGS-to-Revenue Related Terms

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UE Furniture Co (SHSE:603600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » UE Furniture Co Ltd (SHSE:603600) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No.1, Yongyi West Road, Dipu Town, Zhejiang Province, Huzhou, Anji County, CHN, 313300

Website

http://www.uechairs.com

UE Furniture Co Ltd is specialized in the research, development, production, and sales of seats. Its products involve office chairs and training, Training chairs, massage chairs, leisure chairs, children's chairs, partly functional seating metal parts sofas and functional seat accessories.

Executives

Ruan Zheng Fu	Director
Lv Cheng	senior management
Chen Xi	senior management
Gu Qin Hang	senior management
Zhang Jia Yong	Director
He Feng	Director

UE Furniture Co (SHSE:603600) Headlines

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