Beijing Groundsun Technology Co (BJSE:873703) COGS-to-Revenue : 0.62 (As of Mar. 2024)

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What is Beijing Groundsun Technology Co COGS-to-Revenue?

Beijing Groundsun Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥98.7 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥159.2 Mil.

Beijing Groundsun Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.62.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Beijing Groundsun Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 38.01%.

Beijing Groundsun Technology Co COGS-to-Revenue Historical Data

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

Beijing Groundsun Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.55

0.51

0.50

0.58

0.57

Beijing Groundsun Technology Co Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.58	0.55	0.59	0.59	0.62

Beijing Groundsun Technology Co COGS-to-Revenue Calculation

Beijing Groundsun 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
	=	301.484	/	524.377
	=	0.57

Beijing Groundsun 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
	=	98.71	/	159.241
	=	0.62

Beijing Groundsun Technology Co (BJSE:873703) COGS-to-Revenue Explanation

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

Beijing Groundsun 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	-	98.71 / 159.241
	=	38.01 %

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.

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Beijing Groundsun Technology Co (BJSE:873703) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Groundsun Technology Co Ltd (BJSE:873703) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Jinxing West Road, Room 702, Xingchuang Building, Daxing District, Beijing, CHN, 102627

Website

http://www.groundsun.com

Beijing Groundsun Technology Co Ltd is a national high-tech enterprise that specialized in heat transfer enhancement technology, equipment R&D, design and sale. Its products include Porous Coated Tube series, GTL-MCP Tube series, High Vacuum Condenser series, Corrugated Tube series, Powder Flow Heat Exchange, and others products as tower, storage vessel, separation vessel and high efficiency heat transfer equipment facilities. It also have a wide range of applications in global oil refining, Petrochemical, Coal Chemical, Soda Ash and other related industries.

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