GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zhejiang Tiantie Industry Co Ltd (SZSE:300587) » Definitions » COGS-to-Revenue

Zhejiang Tiantie Industry Co (SZSE:300587) COGS-to-Revenue : 0.73 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Zhejiang Tiantie Industry Co COGS-to-Revenue?

Zhejiang Tiantie Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥433 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥596 Mil.

Zhejiang Tiantie Industry Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhejiang Tiantie Industry Co's Gross Margin % for the three months ended in Mar. 2024 was 27.41%.

Zhejiang Tiantie Industry Co COGS-to-Revenue Historical Data

The historical data trend for Zhejiang Tiantie Industry 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.

Zhejiang Tiantie Industry Co COGS-to-Revenue Chart

Zhejiang Tiantie Industry 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 0.49 0.52 0.49 0.42 0.87

Zhejiang Tiantie Industry 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 0.60 0.77 0.91 1.27 0.73

Zhejiang Tiantie Industry Co COGS-to-Revenue Calculation

Zhejiang Tiantie Industry 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
=1304.32 / 1507.296
=0.87

Zhejiang Tiantie Industry Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=432.891 / 596.324
=0.73

* 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.

Zhejiang Tiantie Industry Co  (SZSE:300587) COGS-to-Revenue Explanation

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

Zhejiang Tiantie Industry 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 - 432.891 / 596.324
=27.41 %

* 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.

Zhejiang Tiantie Industry Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Zhejiang Tiantie Industry Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Tiantie Industry Co (SZSE:300587) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zhejiang Tiantie Industry Co Ltd (SZSE:300587) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:000557 SHSE:603069 SHSE:688569 SHSE:603680 SHSE:603111 SHSE:600368 SHSE:603032 SHSE:600125 SHSE:600495 SHSE:688459 UNP TSX:CNR TSX:CP CSX NSC SHSE:601816 HKSE:00066 TSE:9022 HKSE:01766 TSE:9020
Traded in Other Exchanges
N/A
Address
No.928, Renmin East Road, Tiantai County, Zhejiang Province, Taizhou, CHN, 317200
Website
http://www.tiantie.cn
Zhejiang Tiantie Industry Co Ltd provides engineering rubber products. The company manufactures and sells industrial rubber goods, rubberized fabrics, and other rubber products. It offers track structures, such as rails, sleepers, and ballast; vibration damping products; isolated rubber damping pads; embedded rubber crossing boards and plates; conveyor belts; elastic components; and sealing products and other rubber products.
Executives
Wang Sen Rong Executives
Zheng Shuang Lian Executives
Zheng Jian Feng Executives
Niu Wen Qiang Directors, executives
Di Xiao Yu Supervisors
Xu Ji Ding Director
Lu Ling Xiao Supervisors
Fan Wei Wei Directors, executives
Xu Yin Bin Directors, executives
Xu Kong Bin Directors, executives
Zhu Jian Zhong Executives
Yang Tai Feng Executives
Wang Bo Directors, executives
Fan Wen Rong Securities Affairs Representative

Zhejiang Tiantie Industry Co (SZSE:300587) Headlines

No Headlines