Zhejiang Xidamen New Material Co (SHSE:605155) COGS-to-Revenue : 0.57 (As of Jun. 2024)

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What is Zhejiang Xidamen New Material Co COGS-to-Revenue?

Zhejiang Xidamen New Material Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥115.3 Mil. Its Revenue for the three months ended in Jun. 2024 was ¥201.3 Mil.

Zhejiang Xidamen New Material Co's COGS to Revenue for the three months ended in Jun. 2024 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhejiang Xidamen New Material Co's Gross Margin % for the three months ended in Jun. 2024 was 42.72%.

Zhejiang Xidamen New Material Co COGS-to-Revenue Historical Data

The historical data trend for Zhejiang Xidamen New Material 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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Zhejiang Xidamen New Material Co COGS-to-Revenue Chart

Zhejiang Xidamen New Material Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.61

0.60

0.63

0.66

0.61

Zhejiang Xidamen New Material Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
COGS-to-Revenue	Get a 7-Day Free Trial															0.61	0.60	0.61	0.60	0.57

Zhejiang Xidamen New Material Co COGS-to-Revenue Calculation

Zhejiang Xidamen New Material 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
	=	390.501	/	637.33
	=	0.61

Zhejiang Xidamen New Material Co's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	115.291	/	201.263
	=	0.57

Zhejiang Xidamen New Material Co (SHSE:605155) COGS-to-Revenue Explanation

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

Zhejiang Xidamen New Material Co's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	115.291 / 201.263
	=	42.72 %

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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Zhejiang Xidamen New Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zhejiang Xidamen New Material Co Ltd (SHSE:605155) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Ruangang Village, Lanting Town, Keqiao Distric, Zhejiang Province, Shaoxing, CHN, 312043

Website

https://www.xidamen.com

Zhejiang Xidamen New Material Co Ltd is involved in the research and development, design, production and sales of window decoration products. The main products include sunshine fabrics, coated fabrics, zebra curtain fabrics, Shangri-La fabrics, Hanas fabrics, honeycomb curtain fabrics and others.

Executives

Ma Fang Fang

Supervisors

Zhejiang Xidamen New Material Co Headlines

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