Shenzhen Injoinic Technology Co (SHSE:688209) COGS-to-Revenue : 0.68 (As of Mar. 2024)

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

Shenzhen Injoinic Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥177 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥261 Mil.

Shenzhen Injoinic Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.68.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shenzhen Injoinic Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 32.09%.

Shenzhen Injoinic Technology Co COGS-to-Revenue Historical Data

The historical data trend for Shenzhen Injoinic 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.

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Shenzhen Injoinic Technology Co COGS-to-Revenue Chart

Shenzhen Injoinic Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.62

0.65

0.55

0.59

0.69

Shenzhen Injoinic Technology Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial												0.69	0.70	0.70	0.67	0.68

Shenzhen Injoinic Technology Co COGS-to-Revenue Calculation

Shenzhen Injoinic 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
	=	835.306	/	1215.775
	=	0.69

Shenzhen Injoinic 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
	=	177.37	/	261.186
	=	0.68

Shenzhen Injoinic Technology Co (SHSE:688209) COGS-to-Revenue Explanation

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

Shenzhen Injoinic 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	-	177.37 / 261.186
	=	32.09 %

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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Shenzhen Injoinic Technology Co (SHSE:688209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shenzhen Injoinic Technology Co Ltd (SHSE:688209) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xili Community, Xili Street, Shenzhen International Innovation Valley, R&D room 3104, Block A, Building 8,, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

http://www.injoinic.com

Shenzhen Injoinic Technology Co Ltd is engaged in the research and development and sales of power management chips and fast charging protocol chips.

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