Shenzhen Expressway (Shenzhen Expressway) COGS-to-Revenue : 0.74 (As of Dec. 2023)

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What is Shenzhen Expressway COGS-to-Revenue?

Shenzhen Expressway's Cost of Goods Sold for the three months ended in Dec. 2023 was $303 Mil. Its Revenue for the three months ended in Dec. 2023 was $410 Mil.

Shenzhen Expressway's COGS to Revenue for the three months ended in Dec. 2023 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shenzhen Expressway's Gross Margin % for the three months ended in Dec. 2023 was 26.05%.

Shenzhen Expressway COGS-to-Revenue Historical Data

The historical data trend for Shenzhen Expressway'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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Shenzhen Expressway COGS-to-Revenue Chart

Shenzhen Expressway Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.56

0.65

0.68

0.64

Shenzhen Expressway 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															0.83	0.60	0.60	0.58	0.74

Shenzhen Expressway COGS-to-Revenue Calculation

Shenzhen Expressway's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	833.224	/	1301.827
	=	0.64

Shenzhen Expressway's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	302.828	/	409.515
	=	0.74

Shenzhen Expressway (OTCPK:SHZNY) COGS-to-Revenue Explanation

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

Shenzhen Expressway'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	-	302.828 / 409.515
	=	26.05 %

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 Expressway COGS-to-Revenue Related Terms

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Shenzhen Expressway (Shenzhen Expressway) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Expressway Corp Ltd (OTCPK:SHZNY) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

00548:Hong Kong SHZH:Germany 600548:China

Address

Hanking Center Tower, Yuehai Street, No. 9968, Floor 46, Shennan Avenue, Nanshan District, Shenzhen, CHN, 518026

Website

https://www.sz-expressway.com

Shenzhen Expressway Corp Ltd, formerly Shenzhen Expressway Co Ltd constructs, operates, and maintains toll highways, roads, and urban infrastructure. The group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment engages in the operation and management of environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the Toll segment.

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