NARI Technology Co (SHSE:600406) COGS-to-Revenue : 0.75 (As of Mar. 2024)

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What is NARI Technology Co COGS-to-Revenue?

NARI Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥5,799 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥7,699 Mil.

NARI Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.75.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. NARI Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 24.68%.

NARI Technology Co COGS-to-Revenue Historical Data

The historical data trend for NARI Technology 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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NARI Technology Co COGS-to-Revenue Chart

NARI Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.71

0.73

NARI Technology 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															0.73	0.71	0.70	0.76	0.75

NARI Technology Co COGS-to-Revenue Calculation

NARI Technology 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
	=	37753.749	/	51573.304
	=	0.73

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5798.531	/	7698.604
	=	0.75

NARI Technology Co (SHSE:600406) COGS-to-Revenue Explanation

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

NARI Technology 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	-	5798.531 / 7698.604
	=	24.68 %

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.

NARI Technology Co COGS-to-Revenue Related Terms

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NARI Technology Co (SHSE:600406) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NARI Technology Co Ltd (SHSE:600406) » Definitions » COGS-to-Revenue

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Address

Building 2, No. 19 Chengxin Avenue, Jiangning Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 211106

Website

http://www.naritech.cn

NARI Technology Co Ltd is engaged in providing power & automation technologies in China. It operates in areas of power system automation, smart grid, renewable energy, railway automation, industrial control, & energy conservation & environment protection.

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