Wangli Security & Surveillance Product Co (SHSE:605268) COGS-to-Revenue : 0.77 (As of Mar. 2024)

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What is Wangli Security & Surveillance Product Co COGS-to-Revenue?

Wangli Security & Surveillance Product Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥335 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥435 Mil.

Wangli Security & Surveillance Product Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.77.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Wangli Security & Surveillance Product Co's Gross Margin % for the three months ended in Mar. 2024 was 23.09%.

Wangli Security & Surveillance Product Co COGS-to-Revenue Historical Data

The historical data trend for Wangli Security & Surveillance Product 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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Wangli Security & Surveillance Product Co COGS-to-Revenue Chart

Wangli Security & Surveillance Product Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.71

0.68

0.76

0.73

Wangli Security & Surveillance Product 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															0.73	0.74	0.72	0.74	0.77

Wangli Security & Surveillance Product Co COGS-to-Revenue Calculation

Wangli Security & Surveillance Product 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
	=	2229.922	/	3044.254
	=	0.73

Wangli Security & Surveillance Product Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	334.695	/	435.163
	=	0.77

Wangli Security & Surveillance Product Co (SHSE:605268) COGS-to-Revenue Explanation

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

Wangli Security & Surveillance Product 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	-	334.695 / 435.163
	=	23.09 %

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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Wangli Security & Surveillance Product Co (SHSE:605268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wangli Security & Surveillance Product Co Ltd (SHSE:605268) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Hardware Technology Industrial Park, Zhejiang Province, Yongkang, CHN, 321300

Website

http://www.wanglianfang.com

Wangli Security & Surveillance Product Co Ltd is engaged in the research and development, design, production and sales of door products such as security doors and lock products such as mechanical locks and smart locks.

Executives

Zhi Chong Zheng	senior management
Ying Min	Director
Wang Li Xia	senior management
Hu Ying Jiang	Director
Chen Li	senior management
Chen Zhi Xian	senior management
Li Qiong Xing	senior management
Wang Shun Da	senior management

Wangli Security & Surveillance Product Co (SHSE:605268) Headlines

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