Assure Tech (Hangzhou) Co (SHSE:688075) COGS-to-Revenue : 0.58 (As of Mar. 2025)

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What is Assure Tech (Hangzhou) Co COGS-to-Revenue?

Assure Tech (Hangzhou) Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥66.5 Mil. Its Revenue for the three months ended in Mar. 2025 was ¥115.3 Mil.

Assure Tech (Hangzhou) Co's COGS to Revenue for the three months ended in Mar. 2025 was 0.58.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Assure Tech (Hangzhou) Co's Gross Margin % for the three months ended in Mar. 2025 was 42.32%.

Assure Tech (Hangzhou) Co COGS-to-Revenue Historical Data

The historical data trend for Assure Tech (Hangzhou) 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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Assure Tech (Hangzhou) Co COGS-to-Revenue Chart

Assure Tech (Hangzhou) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

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0.24

0.35

0.25

0.58

0.61

Assure Tech (Hangzhou) 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															0.58	0.61	0.56	0.70	0.58

Assure Tech (Hangzhou) Co COGS-to-Revenue Calculation

Assure Tech (Hangzhou) 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
	=	329.275	/	540.698
	=	0.61

Assure Tech (Hangzhou) Co's COGS to Revenue for the quarter that ended in Mar. 2025 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	66.504	/	115.297
	=	0.58

Assure Tech (Hangzhou) Co (SHSE:688075) COGS-to-Revenue Explanation

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

Assure Tech (Hangzhou) 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	-	66.504 / 115.297
	=	42.32 %

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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Assure Tech (Hangzhou) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Assure Tech (Hangzhou) Co Ltd (SHSE:688075) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1418-50,Moganshan Road, Building 4, Gongshu District, Hangzhou, CHN

Website

http://www.diareagent.com

Assure Tech (Hangzhou) Co Ltd is a biotechnology company. The company is engaged in research & development, production, sell of diagnostic reagents, POCT and biological materials.

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