Qijing Machinery Co (SHSE:603677) COGS-to-Revenue : 0.87 (As of Mar. 2025)

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

What is Qijing Machinery Co COGS-to-Revenue?

Qijing Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥443 Mil. Its Revenue for the three months ended in Mar. 2025 was ¥513 Mil.

Qijing Machinery Co's COGS to Revenue for the three months ended in Mar. 2025 was 0.87.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Qijing Machinery Co's Gross Margin % for the three months ended in Mar. 2025 was 13.49%.

Qijing Machinery Co COGS-to-Revenue Historical Data

The historical data trend for Qijing Machinery 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.

Qijing Machinery Co COGS-to-Revenue Chart

Qijing Machinery Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

Get a 7-Day Free Trial

0.86

0.87

0.85

0.88

Qijing Machinery Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
COGS-to-Revenue	Get a 7-Day Free Trial															0.87	0.87	0.88	0.88	0.87

Qijing Machinery Co COGS-to-Revenue Calculation

Qijing Machinery Co's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1756.801	/	2004.224
	=	0.88

Qijing Machinery Co's COGS to Revenue for the quarter that ended in Mar. 2025 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	443.439	/	512.583
	=	0.87

Qijing Machinery Co (SHSE:603677) COGS-to-Revenue Explanation

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

Qijing Machinery Co's Gross Margin % for the three months ended in Mar. 2025 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	443.439 / 512.583
	=	13.49 %

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.

Qijing Machinery Co COGS-to-Revenue Related Terms

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

Qijing Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Qijing Machinery Co Ltd (SHSE:603677) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 289 Qixiang North Road, Yuelong Street, Ninghai County, Zhejiang Province, Ningbo, CHN, 315609

Website

http://www.qijing-m.com

Qijing Machinery Co Ltd is a China based manufacturing company focused on the fine machining process. It is engaged in the business of designing, manufacturing and selling of washing machine gearcase, home appliance parts, auto parts, and power tools.

Executives

Zhou Chen	Directors, senior managers
Ye Ming Qi	Directors, senior managers
Tian Lin	senior management
	Director
Tang Hong	senior management
Wang Wei Dong	Director
Wang Dong Min	Director
Zhang Liang Chuan	senior management
Wang Yong Qi	Director
Wang Xing Qi	Director

Qijing Machinery Co Headlines

No Headlines