GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Master Logistics Co Ltd (SHSE:603967) » Definitions » COGS-to-Revenue

China Master Logistics Co (SHSE:603967) COGS-to-Revenue : 0.96 (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is China Master Logistics Co COGS-to-Revenue?

China Master Logistics Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥3,437 Mil. Its Revenue for the three months ended in Sep. 2024 was ¥3,592 Mil.

China Master Logistics Co's COGS to Revenue for the three months ended in Sep. 2024 was 0.96.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Master Logistics Co's Gross Margin % for the three months ended in Sep. 2024 was 4.31%.


China Master Logistics Co COGS-to-Revenue Historical Data

The historical data trend for China Master Logistics 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.

China Master Logistics Co COGS-to-Revenue Chart

China Master Logistics 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 0.93 0.94 0.96 0.96 0.93

China Master Logistics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.93 0.92 0.94 0.95 0.96

China Master Logistics Co COGS-to-Revenue Calculation

China Master Logistics 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
=6845.998 / 7398.857
=0.93

China Master Logistics Co's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=3437.251 / 3592.16
=0.96

* 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.


China Master Logistics Co  (SHSE:603967) COGS-to-Revenue Explanation

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

China Master Logistics Co's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 3437.251 / 3592.16
=4.31 %

* 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.


China Master Logistics Co COGS-to-Revenue Related Terms

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


China Master Logistics Co Business Description

Traded in Other Exchanges
N/A
Address
No.169 ShenZhen Road, 23rd Floor, Zhongchuang Building, Laoshan District, Shandong, Qingdao, CHN, 266061
China Master Logistics Co Ltd is an integrated logistics company. The business of company mainly covers freight forwarding, CFS services, shipping agency, coastal transportation, project logistics, commodity Logistics and other areas with the service network covering the major ports such as Ningbo, Lianyungang, Rizhao, Rongcheng, Qingdao and others.
Executives
Zhang Pei Cheng Supervisors
Chu Xu Ri senior management
Liu Qing Directors, senior managers
Gao Bing senior management
Li Song Qing Director
Ge Yan Hua Director
Xie Li Jun Director
Leng Xian Shun Director
Li Wen Guang Supervisors

China Master Logistics Co Headlines

No Headlines