Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) COGS-to-Revenue : 0.76 (As of Mar. 2024)

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What is Wuxi Dingbang Heat Exchange Equipment Co COGS-to-Revenue?

Wuxi Dingbang Heat Exchange Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥79.5 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥104.8 Mil.

Wuxi Dingbang Heat Exchange Equipment Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Wuxi Dingbang Heat Exchange Equipment Co's Gross Margin % for the three months ended in Mar. 2024 was 24.15%.

Wuxi Dingbang Heat Exchange Equipment Co COGS-to-Revenue Historical Data

The historical data trend for Wuxi Dingbang Heat Exchange Equipment 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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Wuxi Dingbang Heat Exchange Equipment Co COGS-to-Revenue Chart

Wuxi Dingbang Heat Exchange Equipment Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.81

0.82

0.81

0.78

0.79

Wuxi Dingbang Heat Exchange Equipment Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.78	0.77	-	0.80	0.76

Wuxi Dingbang Heat Exchange Equipment Co COGS-to-Revenue Calculation

Wuxi Dingbang Heat Exchange Equipment 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
	=	344.61	/	438.445
	=	0.79

Wuxi Dingbang Heat Exchange Equipment Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	79.469	/	104.765
	=	0.76

Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) COGS-to-Revenue Explanation

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

Wuxi Dingbang Heat Exchange Equipment 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	-	79.469 / 104.765
	=	24.15 %

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.

Wuxi Dingbang Heat Exchange Equipment Co COGS-to-Revenue Related Terms

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Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi Dingbang Heat Exchange Equipment Co Ltd (BJSE:872931) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Houshan South Road, No. 29, Anzhen Town, Xishan District, Jiangsu Province, Wuxi City, CHN, 214104

Website

http://www.ding-bang.com.cn

Wuxi Dingbang Heat Exchange Equipment Co Ltd is engaged in research and development, design, manufacturing and sales of special heat exchange equipment for oil refining and chemical industry. Its products includes various tube heat exchangers, spiral baffle heat exchangers, air-cooled heat exchangers (air coolers), plate-bundle heat exchangers and A2 pressure vessels, as well as planetary differential start of oil extraction machines.

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