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Shenzhen Fortune Trend Technology Co (SHSE:688318) COGS-to-Revenue : 0.09 (As of Dec. 2023)


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What is Shenzhen Fortune Trend Technology Co COGS-to-Revenue?

Shenzhen Fortune Trend Technology Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥17.1 Mil. Its Revenue for the three months ended in Dec. 2023 was ¥186.0 Mil.

Shenzhen Fortune Trend Technology Co's COGS to Revenue for the three months ended in Dec. 2023 was 0.09.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shenzhen Fortune Trend Technology Co's Gross Margin % for the three months ended in Dec. 2023 was 90.82%.

Shenzhen Fortune Trend Technology Co COGS-to-Revenue Historical Data

The historical data trend for Shenzhen Fortune Trend 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.

* Premium members only.

Shenzhen Fortune Trend Technology Co COGS-to-Revenue Chart

Shenzhen Fortune Trend Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.13 0.16 0.15

Shenzhen Fortune Trend Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.14 0.20 0.19 0.17 0.09

Shenzhen Fortune Trend Technology Co COGS-to-Revenue Calculation

Shenzhen Fortune Trend 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
=63.216 / 434.671
=0.15

Shenzhen Fortune Trend Technology Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=17.086 / 186.034
=0.09

* 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.

Shenzhen Fortune Trend Technology Co  (SHSE:688318) COGS-to-Revenue Explanation

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

Shenzhen Fortune Trend Technology Co's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 17.086 / 186.034
=90.82 %

* 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.

Shenzhen Fortune Trend Technology Co COGS-to-Revenue Related Terms

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Shenzhen Fortune Trend Technology Co (SHSE:688318) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Fortune Trend Technology Co Ltd (SHSE:688318) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:002373 SHSE:603927 SHSE:688568 SZSE:300212 SZSE:000997 SZSE:002065 SZSE:300682 SHSE:600271 SZSE:300002 SHSE:688343 CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
No. 10 Kaifeng Road, Meilin Street, Room 808, 8th Floor, Huachao Building, Meilin Community, Guangdong, Futian District, Shenzhen, CHN, 518049
Website
https://www.tdx.com.cn
Shenzhen Fortune Trend Technology Co Ltd is engaged in research and development of securities analysis systems and computer communication systems. It provides securities investment analysis system for securities institutions and investors under the brand Tongdaxin. Tongdaxin's well-known online trading products are: China Merchants Securities Zhiyuan One Account, Guoxin Securities Golden Sun Edition, CITIC Securities Zhixin All-rounder, GF Securities Financial Terminal, Galaxy Securities Neptune, Guotai Junan Securities Fuyi, among others.

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