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Argus (Shanghai) Textile Chemicals Co (SHSE:603790) COGS-to-Revenue : 0.69 (As of Mar. 2024)


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What is Argus (Shanghai) Textile Chemicals Co COGS-to-Revenue?

Argus (Shanghai) Textile Chemicals Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥150.4 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥217.1 Mil.

Argus (Shanghai) Textile Chemicals Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.69.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Argus (Shanghai) Textile Chemicals Co's Gross Margin % for the three months ended in Mar. 2024 was 30.73%.

Argus (Shanghai) Textile Chemicals Co COGS-to-Revenue Historical Data

The historical data trend for Argus (Shanghai) Textile Chemicals 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.

Argus (Shanghai) Textile Chemicals Co COGS-to-Revenue Chart

Argus (Shanghai) Textile Chemicals Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.71 0.71 0.71 0.71

Argus (Shanghai) Textile Chemicals 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.71 0.70 0.72 0.69

Argus (Shanghai) Textile Chemicals Co COGS-to-Revenue Calculation

Argus (Shanghai) Textile Chemicals 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
=547.898 / 773.954
=0.71

Argus (Shanghai) Textile Chemicals Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=150.405 / 217.125
=0.69

* 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.

Argus (Shanghai) Textile Chemicals Co  (SHSE:603790) COGS-to-Revenue Explanation

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

Argus (Shanghai) Textile Chemicals 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 - 150.405 / 217.125
=30.73 %

* 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.

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.

Argus (Shanghai) Textile Chemicals Co COGS-to-Revenue Related Terms

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Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Argus (Shanghai) Textile Chemicals Co Ltd (SHSE:603790) » Definitions » COGS-to-Revenue
Comparable Companies
SHSE:605488 SZSE:300335 SZSE:001255 SZSE:002442 SZSE:300721 SZSE:000565 SZSE:002998 SHSE:603192 SZSE:300922 SZSE:301019 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
No. 388 Jinyuan Liu Road, Jiangqiao, Jiading, Room 275-278, Building 16, Shanghai, CHN, 201812
Website
http://www.argus.net.cn
Argus (Shanghai) Textile Chemicals Co Ltd is a Chinese company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Headlines

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