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Shenzhen Neoway Technology Co (SHSE:688159) COGS-to-Revenue : 0.87 (As of Mar. 2024)


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What is Shenzhen Neoway Technology Co COGS-to-Revenue?

Shenzhen Neoway Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥750 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥862 Mil.

Shenzhen Neoway Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.87.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shenzhen Neoway Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 12.99%.

Shenzhen Neoway Technology Co COGS-to-Revenue Historical Data

The historical data trend for Shenzhen Neoway Technology 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.

Shenzhen Neoway Technology Co COGS-to-Revenue Chart

Shenzhen Neoway Technology 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 0.75 0.86 0.85 0.86 0.85

Shenzhen Neoway Technology 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 0.88 0.87 0.89 0.75 0.87

Shenzhen Neoway Technology Co COGS-to-Revenue Calculation

Shenzhen Neoway Technology 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
=790.45 / 931.925
=0.85

Shenzhen Neoway Technology Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=750.329 / 862.35
=0.87

* 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.

Shenzhen Neoway Technology Co  (SHSE:688159) COGS-to-Revenue Explanation

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

Shenzhen Neoway Technology 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 - 750.329 / 862.35
=12.99 %

* 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.

Shenzhen Neoway Technology Co COGS-to-Revenue Related Terms

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Shenzhen Neoway Technology Co (SHSE:688159) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Neoway Technology Co Ltd (SHSE:688159) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:300250 SHSE:688418 SZSE:300213 SZSE:300447 SZSE:300310 SHSE:603703 SZSE:002161 SHSE:688609 SHSE:600130 SHSE:688195 CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345
Traded in Other Exchanges
N/A
Address
Huarong Road, Dalang Street, 4th Floor, No. 2, Lianjian Industrial Park, Tongsheng Community, Longhua District, Guangdong, Shenzhen, CHN, 518109
Website
http://www.neoway.com
Shenzhen Neoway Technology Co Ltd is engaged in production and sales of IoT wireless communication modules, IoT wireless communication terminals and IoT wireless communication solutions. The company provides technical development and sales of electronic products; electronic communication products and communication modules; communication module software and related technical consulting.
Executives
Peng Yan Core technical personnel
Lin Shen Core technical personnel
Shang Jiang Feng Core technical personnel
Xiao Yue Shang Core technical personnel
He Jiang Qiang Supervisors

Shenzhen Neoway Technology Co (SHSE:688159) Headlines

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