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Shanghai Fortune Techgroup Co (SZSE:300493) COGS-to-Revenue : 0.90 (As of Mar. 2024)


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What is Shanghai Fortune Techgroup Co COGS-to-Revenue?

Shanghai Fortune Techgroup Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥496 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥553 Mil.

Shanghai Fortune Techgroup Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.90.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shanghai Fortune Techgroup Co's Gross Margin % for the three months ended in Mar. 2024 was 10.25%.

Shanghai Fortune Techgroup Co COGS-to-Revenue Historical Data

The historical data trend for Shanghai Fortune Techgroup 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.

Shanghai Fortune Techgroup Co COGS-to-Revenue Chart

Shanghai Fortune Techgroup 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 0.91 0.89 0.88 0.90 0.90

Shanghai Fortune Techgroup 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 0.90 0.90 0.91 0.91 0.90

Shanghai Fortune Techgroup Co COGS-to-Revenue Calculation

Shanghai Fortune Techgroup 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
=1953.439 / 2160.277
=0.90

Shanghai Fortune Techgroup Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=496.281 / 552.954
=0.90

* 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.

Shanghai Fortune Techgroup Co  (SZSE:300493) COGS-to-Revenue Explanation

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

Shanghai Fortune Techgroup 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 - 496.281 / 552.954
=10.25 %

* 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.

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Shanghai Fortune Techgroup Co (SZSE:300493) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shanghai Fortune Techgroup Co Ltd (SZSE:300493) » Definitions » COGS-to-Revenue
Comparable Companies
SHSE:688061 SHSE:688135 SZSE:000925 SHSE:688391 SHSE:688049 SZSE:002119 SHSE:688589 SHSE:688620 SHSE:688416 SHSE:688230 NVDA TPE:2330 AVGO AMD INTC TXN QCOM ADI MU XKRX:000660
Traded in Other Exchanges
N/A
Address
No. 200, Tianlin Road, 3rd Floor, Room 301, Building A2, China Fortune Properties, Xuhui District, Shanghai, CHN, 200233
Website
http://www.fortune-co.com
Shanghai Fortune Techgroup Co Ltd is a provider of semiconductor chips and solutions for the telecommunication industry in China. The company products include wired and wireless communications, radio frequency and power amplifier type of components, sensors, and others. The company provides different solutions for smart home, smart cities, surveillance, and fingerprint identification applications.
Executives
Wang Ye Supervisors
Le Zhen Wu Independent director

Shanghai Fortune Techgroup Co (SZSE:300493) Headlines

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