Scientific Energy (Scientific Energy) COGS-to-Revenue : 0.57 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Scientific Energy COGS-to-Revenue?

Scientific Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $5.91 Mil. Its Revenue for the three months ended in Mar. 2024 was $10.41 Mil.

Scientific Energy's COGS to Revenue for the three months ended in Mar. 2024 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Scientific Energy's Gross Margin % for the three months ended in Mar. 2024 was 43.22%.

Scientific Energy COGS-to-Revenue Historical Data

The historical data trend for Scientific Energy'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.

* Premium members only.

Scientific Energy COGS-to-Revenue Chart

Scientific Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.76

0.70

0.54

Scientific Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.57	0.56	0.53	0.51	0.57

Scientific Energy COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	21.098	/	38.958
	=	0.54

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5.908	/	10.405
	=	0.57

Scientific Energy (OTCPK:SCGY) COGS-to-Revenue Explanation

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

Scientific Energy'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	-	5.908 / 10.405
	=	43.22 %

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.

Scientific Energy COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Scientific Energy's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Scientific Energy (Scientific Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Scientific Energy Inc (OTCPK:SCGY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 Xian Xinghai Great Road, Room K, 9F, Golden Dragon Centre, Macau, CHN

Website

http://www.makeliving.com

Scientific Energy Inc involves in the e-commerce industry. It is a firm principally engaged in developing a website (Makeliving) for providing an e-commerce platform provisioning exchange of goods and services along with its subsidiary. Makeliving is intended to act both as a platform and as a conduit between individuals or companies who desire to acquire goods and services to individuals or companies who desire to offer goods and services.

Executives

Haitao Jiang	10 percent owner	RUA DE MADRID, NO.21, WAN YU VILLAS, 9J, MACAU N5 999078
Aspect Group Ltd	10 percent owner	HY DIAMOND EXCHANGE BLDG, SUITE A, 7TH FLOOR, HONG KONG XX CHINA
Liang Huang	10 percent owner	NO. 43 KUIHUALI, APT. 502, ZHUHUI DISTRICT, HENGYANG, HUNAN PROVINCE F4 421002
Chan Stanley P.c.	10 percent owner	C/O 475 EAST 70TH STREET, #7C, NEW YORK NY 10021
Dale C Gledhill	director	630 NORTH 400 WEST, SALT LAKE CITY UT 84103
Todd B Crosland	director, 10 percent owner, officer: President	630 NORTH 400 WEST, SALT LAKE CITY UT 84103
Mark Clawson	director	630 N. 400 WEST, SALT LAKE CITY UT 84103
Jana K Meyer	director, officer: Secretary	630 N. 400 WEST, SALT LAKE CITY UT 84103

Scientific Energy (Scientific Energy) Headlines

No Headlines