EPOW (Sunrise New Energy Co) COGS-to-Revenue : 1.54 (As of Dec. 2023)

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What is Sunrise New Energy Co COGS-to-Revenue?

Sunrise New Energy Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $37.37 Mil. Its Revenue for the six months ended in Dec. 2023 was $24.34 Mil.

Sunrise New Energy Co's COGS to Revenue for the six months ended in Dec. 2023 was 1.54.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sunrise New Energy Co's Gross Margin % for the six months ended in Dec. 2023 was -53.50%.

Sunrise New Energy Co COGS-to-Revenue Historical Data

The historical data trend for Sunrise New Energy 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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Sunrise New Energy Co COGS-to-Revenue Chart

Sunrise New Energy Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.12

0.13

0.52

1.04

1.28

Sunrise New Energy Co Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial								0.57	0.90	1.09	0.97	1.54

Sunrise New Energy Co COGS-to-Revenue Calculation

Sunrise New Energy 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
	=	57.453	/	45.05
	=	1.28

Sunrise New Energy Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	37.365	/	24.342
	=	1.54

Sunrise New Energy Co (NAS:EPOW) COGS-to-Revenue Explanation

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

Sunrise New Energy Co's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	37.365 / 24.342
	=	-53.50 %

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.

Sunrise New Energy Co COGS-to-Revenue Related Terms

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Sunrise New Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunrise New Energy Co Ltd (NAS:EPOW) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

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Address

No. 69 Sanying Road, Zibo Science and Technology Industrial Entrepreneurship Park, Room 703, West Zone, R&D Building, Zhangdian District, Shandong Province, Zibo City, CHN

Website

https://www.sunrisenewenergy.com

Sunrise New Energy Co Ltd is engaged in the manufacturing and sale of graphite anode material for EVs and other lithium-ion batteries. The Company's joint venture is into the construction of a manufacturing plant in Guizhou Province. The plant runs on inexpensive electricity from renewable sources that enables the group to be a low-cost and low environmental impact producer of graphite anode material, Its products include GS-1, GS-2, GS-3, GZD-1, GLD-1, and GZ-1.