Western Region Gold Co (SHSE:601069) COGS-to-Revenue : 0.89 (As of Mar. 2024)

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What is Western Region Gold Co COGS-to-Revenue?

Western Region Gold Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,270 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,428 Mil.

Western Region Gold Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Western Region Gold Co's Gross Margin % for the three months ended in Mar. 2024 was 11.07%.

Western Region Gold Co COGS-to-Revenue Historical Data

The historical data trend for Western Region Gold 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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Western Region Gold Co COGS-to-Revenue Chart

Western Region Gold Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.91

0.92

0.82

0.83

0.95

Western Region Gold 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															0.95	0.94	0.86	1.02	0.89

Western Region Gold Co COGS-to-Revenue Calculation

Western Region Gold 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
	=	4243.469	/	4468.381
	=	0.95

Western Region Gold Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1269.881	/	1427.943
	=	0.89

Western Region Gold Co (SHSE:601069) COGS-to-Revenue Explanation

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

Western Region Gold 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	-	1269.881 / 1427.943
	=	11.07 %

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.

Western Region Gold Co COGS-to-Revenue Related Terms

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Western Region Gold Co (SHSE:601069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Region Gold Co Ltd (SHSE:601069) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 501, South Road, Economic and Technological Development Zone, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 834000

Website

http://www.w-r-g.cn

Western Region Gold Co Ltd is engaged in gold mining. The company is also engaged in the iron ore mine and chrome ore mining.

Executives

Sun Jian Hua	senior management
He Jian Zhang	Director
Wang Yong	Supervisors
Duan Wei Dong	Director
Liu Jun	Directors, senior managers
Ding Hong	Supervisors
Liu Chao Hui	senior management
Yu Guo Jun	Director
Tang Xiang Yang	Director
Tang Fang	senior management
Hu Jian Ming	senior management
Zhu Ling Xiao	senior management
Qi Xin Ying	Directors, senior managers

Western Region Gold Co (SHSE:601069) Headlines

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