Wemade Co (XKRX:112040) COGS-to-Revenue : 0.00 (As of Mar. 2024)

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What is Wemade Co COGS-to-Revenue?

Wemade Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩0 Mil. Its Revenue for the three months ended in Mar. 2024 was ₩161,299 Mil.

Wemade Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Wemade Co's Gross Margin % for the three months ended in Mar. 2024 was N/A%.

Wemade Co COGS-to-Revenue Historical Data

The historical data trend for Wemade 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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Wemade Co COGS-to-Revenue Chart

Wemade Co Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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Wemade 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															-	-	-	-	-

Wemade Co COGS-to-Revenue Calculation

Wemade 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
	=	0	/	605252.428
	=	0.00

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	161299.381
	=	0.00

Wemade Co (XKRX:112040) COGS-to-Revenue Explanation

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

Wemade 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	-	0 / 161299.381
	=	N/A %

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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Wemade Co (XKRX:112040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Wemade Co Ltd (XKRX:112040) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

49, Daewangpangyo-ro 644beon-gil, WeMade Tower, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR

Website

http://corp.wemade.com

Wemade Co Ltd is a Korea-based company develops online and mobile game software. It offers online games such as ICARUS, Legend of Mir2, Legend of Mir3 and Chunryongki and it offers mobile game such as Wind runner, God's martial arts and Wind soul. The amazing library of games not only provides fun and enjoyment for customers in Korea but also all over the world. In addition, the group is also engaged in the publishing activities.

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