Tze Shin International Co (TPE:2611) COGS-to-Revenue : 0.70 (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Tze Shin International Co COGS-to-Revenue?

Tze Shin International Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$116.8 Mil. Its Revenue for the three months ended in Mar. 2024 was NT$167.5 Mil.

Tze Shin International Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.70.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tze Shin International Co's Gross Margin % for the three months ended in Mar. 2024 was 30.25%.

Tze Shin International Co COGS-to-Revenue Historical Data

The historical data trend for Tze Shin International 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.

Tze Shin International Co COGS-to-Revenue Chart

Tze Shin International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.75

0.92

0.80

0.78

0.76

Tze Shin International 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															0.90	0.76	0.72	0.71	0.70

Tze Shin International Co COGS-to-Revenue Calculation

Tze Shin International 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
	=	471.448	/	617.327
	=	0.76

Tze Shin International Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	116.832	/	167.512
	=	0.70

Tze Shin International Co (TPE:2611) COGS-to-Revenue Explanation

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

Tze Shin International 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	-	116.832 / 167.512
	=	30.25 %

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.

Tze Shin International Co COGS-to-Revenue Related Terms

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

Tze Shin International Co (TPE:2611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tze Shin International Co Ltd (TPE:2611) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Lane. 294, Shijian Road, Baifu Village, 1st Floor, No. 16, Qidu District, Keelung, TWN, 104

Website

https://www.tsgroup.com.tw

Tze Shin International Co Ltd operates in the shipping and ports industry. It firm offers long-distance container transshipment; Shipside transportation operations; container haulage; truck freight: transportation of chemicals, gasoline, and diesel tanks, lease of containers, racks, and equipment; and bulk goods; and entrust of construction companies to build commercial, industrial buildings, and public housing for sale and leasing.

Tze Shin International Co (TPE:2611) Headlines

No Headlines