Weihai Baihe Biology Technological Co (SHSE:603102) COGS-to-Revenue : 0.60 (As of Mar. 2024)

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What is Weihai Baihe Biology Technological Co COGS-to-Revenue?

Weihai Baihe Biology Technological Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥112.9 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥188.6 Mil.

Weihai Baihe Biology Technological Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.60.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Weihai Baihe Biology Technological Co's Gross Margin % for the three months ended in Mar. 2024 was 40.15%.

Weihai Baihe Biology Technological Co COGS-to-Revenue Historical Data

The historical data trend for Weihai Baihe Biology Technological 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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Weihai Baihe Biology Technological Co COGS-to-Revenue Chart

Weihai Baihe Biology Technological Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.59

0.56

0.58

0.64

0.63

Weihai Baihe Biology Technological Co Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.61	0.61	0.61	0.67	0.60

Weihai Baihe Biology Technological Co COGS-to-Revenue Calculation

Weihai Baihe Biology Technological 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
	=	545.345	/	871.252
	=	0.63

Weihai Baihe Biology Technological Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	112.896	/	188.639
	=	0.60

Weihai Baihe Biology Technological Co (SHSE:603102) COGS-to-Revenue Explanation

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

Weihai Baihe Biology Technological 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	-	112.896 / 188.639
	=	40.15 %

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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Weihai Baihe Biology Technological Co (SHSE:603102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Weihai Baihe Biology Technological Co Ltd (SHSE:603102) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 552, Chengda Road, Swan Lake Economic and Technological Development Zone, Rongcheng City, Shandong Province, Weihai, CHN, 264321

Website

http://www.baiheshengwu.com

Weihai Baihe Biology Technological Co Ltd is engaged in the research and development, production and sales of nutritional health food.

Weihai Baihe Biology Technological Co (SHSE:603102) Headlines

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