Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) COGS-to-Revenue : 0.79 (As of Jun. 2009)

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What is Changming Industrial Management Group Holding COGS-to-Revenue?

Changming Industrial Management Group Holding's Cost of Goods Sold for the three months ended in Jun. 2009 was $0.05 Mil. Its Revenue for the three months ended in Jun. 2009 was $0.06 Mil.

Changming Industrial Management Group Holding's COGS to Revenue for the three months ended in Jun. 2009 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Changming Industrial Management Group Holding's Gross Margin % for the three months ended in Jun. 2009 was 21.31%.

Changming Industrial Management Group Holding COGS-to-Revenue Historical Data

The historical data trend for Changming Industrial Management Group Holding'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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Changming Industrial Management Group Holding COGS-to-Revenue Chart

Changming Industrial Management Group Holding Annual Data

Trend

May07

May08

COGS-to-Revenue

Changming Industrial Management Group Holding Quarterly Data
	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Sep08	Dec08	Mar09	Jun09
COGS-to-Revenue	Get a 7-Day Free Trial						-	-	0.38	0.38	0.79

Changming Industrial Management Group Holding COGS-to-Revenue Calculation

Changming Industrial Management Group Holding's COGS to Revenue for the fiscal year that ended in May. 2008 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

Changming Industrial Management Group Holding's COGS to Revenue for the quarter that ended in Jun. 2009 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.048	/	0.061
	=	0.79

Changming Industrial Management Group Holding (OTCPK:CMIM) COGS-to-Revenue Explanation

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

Changming Industrial Management Group Holding's Gross Margin % for the three months ended in Jun. 2009 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.048 / 0.061
	=	21.31 %

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.

Changming Industrial Management Group Holding COGS-to-Revenue Related Terms

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Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Changming Industrial Management Group Holding Inc (OTCPK:CMIM) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 904, Tung Wai Commercial Building, Wan Chai, Hong Kong, HKG

Website

http://www.sxcmky.com

Changming Industrial Management Group Holding Inc is engaged in the processing and sales of mineral products as well as vanadium mining. Its product series include Product Series Vanadium ore, crystal, pentoxide, alloy, iron, and titanium alloy.

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