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Wolong Electric Group Co (SHSE:600580) COGS-to-Revenue : 0.76 (As of Sep. 2023)


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What is Wolong Electric Group Co COGS-to-Revenue?

Wolong Electric Group Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥3,421 Mil. Its Revenue for the three months ended in Sep. 2023 was ¥4,504 Mil.

Wolong Electric Group Co's COGS to Revenue for the three months ended in Sep. 2023 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Wolong Electric Group Co's Gross Margin % for the three months ended in Sep. 2023 was 24.05%.


Wolong Electric Group Co COGS-to-Revenue Historical Data

The historical data trend for Wolong Electric Group 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.

Wolong Electric Group Co COGS-to-Revenue Chart

Wolong Electric Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.73 0.76 0.77 0.76

Wolong Electric Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.76 0.77 0.75 0.73 0.76

Wolong Electric Group Co COGS-to-Revenue Calculation

Wolong Electric Group Co's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=11457.611 / 14998.047
=0.76

Wolong Electric Group Co's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=3420.601 / 4503.819
=0.76

* 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.


Wolong Electric Group Co  (SHSE:600580) COGS-to-Revenue Explanation

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

Wolong Electric Group Co's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 3420.601 / 4503.819
=24.05 %

* 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.


Wolong Electric Group Co COGS-to-Revenue Related Terms

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Wolong Electric Group Co (SHSE:600580) Business Description

Traded in Other Exchanges
N/A
Address
No. 1801 Renmin West Road, Shangyu, Zhejiang, CHN, 312300
Wolong Electric Group Co Ltd is engaged in the development, manufacture and sales of motors, electronic-controlled devices, power transmission and transformation equipment, electro-mechanical and power products in China.

Wolong Electric Group Co (SHSE:600580) Headlines

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