Ningbo Xusheng Group Co (SHSE:603305) COGS-to-Revenue : 0.76 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Ningbo Xusheng Group Co COGS-to-Revenue?

Ningbo Xusheng Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥868 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,139 Mil.

Ningbo Xusheng Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ningbo Xusheng Group Co's Gross Margin % for the three months ended in Mar. 2024 was 23.81%.

Ningbo Xusheng Group Co COGS-to-Revenue Historical Data

The historical data trend for Ningbo Xusheng Group 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.

* Premium members only.

Ningbo Xusheng Group Co COGS-to-Revenue Chart

Ningbo Xusheng Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.66

0.67

0.76

Ningbo Xusheng Group 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															0.74	0.76	0.75	0.79	0.76

Ningbo Xusheng Group Co COGS-to-Revenue Calculation

Ningbo Xusheng Group 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
	=	3673.524	/	4833.865
	=	0.76

Ningbo Xusheng Group Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	867.713	/	1138.95
	=	0.76

Ningbo Xusheng Group Co (SHSE:603305) COGS-to-Revenue Explanation

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

Ningbo Xusheng Group 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	-	867.713 / 1138.95
	=	23.81 %

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.

Ningbo Xusheng Group Co COGS-to-Revenue Related Terms

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

Ningbo Xusheng Group Co (SHSE:603305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo Xusheng Group Co Ltd (SHSE:603305) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 68, Yanshan Hebei Road, Beilun District, Zhejiang, Ningbo, CHN, 315806

Website

http://www.nbxus.com

Ningbo Xusheng Group Co Ltd is engaged in the R&D, production and sales of precision aluminum alloy automotive parts and industrial aluminum alloy parts for thermoforming die-casting and forging. Its products are mainly used in new energy and traditional automotive industries and other machinery manufacturing industries.

Executives

Xu Xu Dong	Director
Ding Hai Ping	Supervisors

Ningbo Xusheng Group Co (SHSE:603305) Headlines

No Headlines