Zhuzhou Times New Materials Technology Co (SHSE:600458) COGS-to-Revenue : 0.83 (As of Mar. 2024)

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What is Zhuzhou Times New Materials Technology Co COGS-to-Revenue?

Zhuzhou Times New Materials Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,496 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥4,205 Mil.

Zhuzhou Times New Materials Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhuzhou Times New Materials Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 16.87%.

Zhuzhou Times New Materials Technology Co COGS-to-Revenue Historical Data

The historical data trend for Zhuzhou Times New Materials 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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Zhuzhou Times New Materials Technology Co COGS-to-Revenue Chart

Zhuzhou Times New Materials Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.84

0.82

0.86

0.88

0.84

Zhuzhou Times New Materials Technology Co 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															0.86	0.84	0.82	0.83	0.83

Zhuzhou Times New Materials Technology Co COGS-to-Revenue Calculation

Zhuzhou Times New Materials 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
	=	14670.39	/	17537.867
	=	0.84

Zhuzhou Times New Materials 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
	=	3495.896	/	4205.184
	=	0.83

Zhuzhou Times New Materials Technology Co (SHSE:600458) COGS-to-Revenue Explanation

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

Zhuzhou Times New Materials 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	-	3495.896 / 4205.184
	=	16.87 %

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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Zhuzhou Times New Materials Technology Co (SHSE:600458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhuzhou Times New Materials Technology Co Ltd (SHSE:600458) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 18 Haitian Road, Tianyuan District, Zhuzhou, Hunan, CHN, 412007

Website

http://www.trp.com.cn

Zhuzhou Times New Materials Technology Co Ltd is a China-based company mainly engaged in the research and development and engineering application of polymer materials such as vibration reduction, noise reduction, and lightweight. Its products are extended to rubber, plastics, composite materials and functional materials, mainly for rail transportation, automobiles, new energy and Special equipment and other fields.

Zhuzhou Times New Materials Technology Co (SHSE:600458) Headlines

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