Chenming Electronic Technology (TPE:3013) COGS-to-Revenue : 0.86 (As of Mar. 2024)

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What is Chenming Electronic Technology COGS-to-Revenue?

Chenming Electronic Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,252 Mil. Its Revenue for the three months ended in Mar. 2024 was NT$1,459 Mil.

Chenming Electronic Technology's COGS to Revenue for the three months ended in Mar. 2024 was 0.86.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Chenming Electronic Technology's Gross Margin % for the three months ended in Mar. 2024 was 14.23%.

Chenming Electronic Technology COGS-to-Revenue Historical Data

The historical data trend for Chenming Electronic Technology'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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Chenming Electronic Technology COGS-to-Revenue Chart

Chenming Electronic Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.91

0.95

0.91

0.88

Chenming Electronic Technology 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	0.90	0.87	0.86	0.86

Chenming Electronic Technology COGS-to-Revenue Calculation

Chenming Electronic Technology's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5698.434	/	6461.562
	=	0.88

Chenming Electronic Technology's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1251.527	/	1459.165
	=	0.86

Chenming Electronic Technology (TPE:3013) COGS-to-Revenue Explanation

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

Chenming Electronic Technology'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	-	1251.527 / 1459.165
	=	14.23 %

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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Chenming Electronic Technology (TPE:3013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chenming Electronic Technology Corp (TPE:3013) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, Section 6, Mincyuan East Road, Neihu District, 2-6 Floor, Taipei, TWN, 114

Website

https://www.uneec.com

Chenming Electronic Technology Corp is a OEM/ODM manufacturer. The business activities of the Group are production of mechanical parts, computer cases, manufacturing and development of mobile devices. Geographically it operates through Taiwan. The group has only one operating segment, which produces computer and mobile device components.

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