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Zhejiang Damon Technology Co (SHSE:688360) COGS-to-Revenue : 0.70 (As of Mar. 2024)


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What is Zhejiang Damon Technology Co COGS-to-Revenue?

Zhejiang Damon Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥195 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥280 Mil.

Zhejiang Damon Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.70.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhejiang Damon Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 30.39%.

Zhejiang Damon Technology Co COGS-to-Revenue Historical Data

The historical data trend for Zhejiang Damon 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.

Zhejiang Damon Technology Co COGS-to-Revenue Chart

Zhejiang Damon Technology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.72 0.80 0.78 0.77

Zhejiang Damon 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 0.75 0.76 0.74 0.81 0.70

Zhejiang Damon Technology Co COGS-to-Revenue Calculation

Zhejiang Damon 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
=1064.75 / 1384.246
=0.77

Zhejiang Damon 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
=194.594 / 279.56
=0.70

* 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.

Zhejiang Damon Technology Co  (SHSE:688360) COGS-to-Revenue Explanation

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

Zhejiang Damon 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 - 194.594 / 279.56
=30.39 %

* 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.

Zhejiang Damon Technology Co COGS-to-Revenue Related Terms

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Zhejiang Damon Technology Co (SHSE:688360) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Damon Technology Co Ltd (SHSE:688360) » Definitions » COGS-to-Revenue
Comparable Companies
SHSE:688450 SHSE:605100 SZSE:300950 SHSE:688312 SZSE:300720 SZSE:001225 SZSE:002248 SHSE:603280 SZSE:301446 SHSE:603578 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Shangqiang Industrial Zone, Zhejiang Province, Daixi Town, Huzhou, CHN, 313023
Website
http://www.damon-group.com
Zhejiang Damon Technology Co Ltd is a providers of intelligent logistics system solutions and key equipment in China. The company's business is divided into four divisions namely Dynamic storage division; Damon Australia division; Conveying sorting division; and Logistics components division. Its intelligent logistics equipment is widely used in intelligent manufacturing, e-commerce, express logistics, clothing, medicine, tobacco, new retail and other fields.
Executives
Wang Kai Director
Zhuo Xu Directors, senior managers
Guo Ai Hua Directors, senior managers
Wu Zhong Hua senior management

Zhejiang Damon Technology Co (SHSE:688360) Headlines

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