Jinhua Chunguang Technology Co (SHSE:603657) COGS-to-Revenue : 0.90 (As of Mar. 2024)

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What is Jinhua Chunguang Technology Co COGS-to-Revenue?

Jinhua Chunguang Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥327 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥364 Mil.

Jinhua Chunguang Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.90.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Jinhua Chunguang Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 10.20%.

Jinhua Chunguang Technology Co COGS-to-Revenue Historical Data

The historical data trend for Jinhua Chunguang 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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Jinhua Chunguang Technology Co COGS-to-Revenue Chart

Jinhua Chunguang Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.66

0.69

0.79

0.86

0.87

Jinhua Chunguang 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	0.88	0.88	0.87	0.90

Jinhua Chunguang Technology Co COGS-to-Revenue Calculation

Jinhua Chunguang 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
	=	1591.069	/	1819.984
	=	0.87

Jinhua Chunguang 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
	=	326.895	/	364.024
	=	0.90

Jinhua Chunguang Technology Co (SHSE:603657) COGS-to-Revenue Explanation

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

Jinhua Chunguang 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	-	326.895 / 364.024
	=	10.20 %

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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Jinhua Chunguang Technology Co (SHSE:603657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jinhua Chunguang Technology Co Ltd (SHSE:603657) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 420, Anwen Road, Zhejiang Province, Jinhua, CHN, 321000

Website

http://www.chinacgh.com

Jinhua Chunguang Technology Co Ltd is a research and development, and manufacturing company of hose assembly for cleaning appliances. The products of the company include central vacuum cleaner hose series, steel wire, extrusion hose, blow mould hose, wet vacuum hose, and vacuum cleaner accessories for home.

Executives

Lv Jing	Directors, senior managers
Wu Jian Kai	senior management
Fu Wei Cai	senior management
Wang Sheng Yong	Directors, senior managers
Zhang Chun Xia	Director
Chen Kai	Director
Chen Zheng Ming	Director

Jinhua Chunguang Technology Co (SHSE:603657) Headlines

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