Naas Technology (Naas Technology) COGS-to-Revenue : 0.75 (As of Mar. 2024)

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What is Naas Technology COGS-to-Revenue?

Naas Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was $9.98 Mil. Its Revenue for the three months ended in Mar. 2024 was $13.36 Mil.

Naas Technology's COGS to Revenue for the three months ended in Mar. 2024 was 0.75.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Naas Technology's Gross Margin % for the three months ended in Mar. 2024 was 25.30%.

Naas Technology COGS-to-Revenue Historical Data

The historical data trend for Naas Technology'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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Naas Technology COGS-to-Revenue Chart

Naas Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

1.06

0.88

0.93

0.72

Naas Technology Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial							0.83	0.61	0.73	0.74	0.75

Naas Technology COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	32.397	/	44.828
	=	0.72

Naas Technology's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	9.982	/	13.363
	=	0.75

Naas Technology (NAS:NAAS) COGS-to-Revenue Explanation

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

Naas Technology'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	-	9.982 / 13.363
	=	25.30 %

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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Naas Technology (Naas Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Naas Technology Inc (NAS:NAAS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

6RE0:Germany

Address

No.1 Yaojiayuan South Road, Newlink Center, Area G, Building 7, Huitong Times Square, Chaoyang District, Beijing, CHN, 100024

Website

https://www.enaas.com

Naas Technology Inc is an electric vehicle charging service provider in China, whose vision is to power the world with carbon-neutral energy. It offers an integrated set of online solutions to charging station operators. wide range of offline services that simplify the daily operations of charging station operators, and of non-charging services such as food and beverage services to station operators.