Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) COGS-to-Revenue : 0.57 (As of Mar. 2024)

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What is Southchip Semiconductor Technology (Shanghai) Co COGS-to-Revenue?

Southchip Semiconductor Technology (Shanghai) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥346 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥602 Mil.

Southchip Semiconductor Technology (Shanghai) Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Southchip Semiconductor Technology (Shanghai) Co's Gross Margin % for the three months ended in Mar. 2024 was 42.57%.

Southchip Semiconductor Technology (Shanghai) Co COGS-to-Revenue Historical Data

The historical data trend for Southchip Semiconductor Technology (Shanghai) 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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Southchip Semiconductor Technology (Shanghai) Co COGS-to-Revenue Chart

Southchip Semiconductor Technology (Shanghai) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.62

0.64

0.57

0.58

Southchip Semiconductor Technology (Shanghai) Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial								0.59	0.58	0.57	0.57	0.57

Southchip Semiconductor Technology (Shanghai) Co COGS-to-Revenue Calculation

Southchip Semiconductor Technology (Shanghai) 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
	=	1027.258	/	1780.402
	=	0.58

Southchip Semiconductor Technology (Shanghai) Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	345.651	/	601.85
	=	0.57

Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) COGS-to-Revenue Explanation

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

Southchip Semiconductor Technology (Shanghai) 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	-	345.651 / 601.85
	=	42.57 %

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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Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Southchip Semiconductor Technology (Shanghai) Co Ltd (SHSE:688484) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 54, Lane 565, Shengxia Road, Room 1601, Building 4, Pilot Free Trade Zone, Shanghai, CHN, 201210

Website

http://www.southchip.com

Southchip Semiconductor Technology (Shanghai) Co Ltd is engaged in the research and development, design and sales of analog and embedded chips, power supply and battery management.

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