Shenzhen SEICHI Technologies Co (SHSE:688627) COGS-to-Revenue : 0.67 (As of Mar. 2024)

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What is Shenzhen SEICHI Technologies Co COGS-to-Revenue?

Shenzhen SEICHI Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥55.3 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥83.0 Mil.

Shenzhen SEICHI Technologies Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.67.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shenzhen SEICHI Technologies Co's Gross Margin % for the three months ended in Mar. 2024 was 33.44%.

Shenzhen SEICHI Technologies Co COGS-to-Revenue Historical Data

The historical data trend for Shenzhen SEICHI Technologies 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 SEICHI Technologies Co COGS-to-Revenue Chart

Shenzhen SEICHI Technologies Co Annual Data

Trend

Dec13

Dec14

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.65

0.61

0.63

0.60

Shenzhen SEICHI Technologies Co Quarterly Data
	Dec13	Dec14	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial										0.63	0.62	0.57	0.58	0.67

Shenzhen SEICHI Technologies Co COGS-to-Revenue Calculation

Shenzhen SEICHI Technologies 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
	=	386.741	/	648.563
	=	0.60

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	55.273	/	83.047
	=	0.67

Shenzhen SEICHI Technologies Co (SHSE:688627) COGS-to-Revenue Explanation

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

Shenzhen SEICHI Technologies 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	-	55.273 / 83.047
	=	33.44 %

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 SEICHI Technologies Co (SHSE:688627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen SEICHI Technologies Co Ltd (SHSE:688627) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Longhua Street, East of 1st Floor, Building D, 101 Industrial Park, No. 1 Fuanna Company, Qinghu Village, Longhua, Qinghu, Guangdong, Shenzhen, CHN, 518110

Website

http://www.seichitech.com

Shenzhen SEICHI Technologies Co Ltd is a provider of testing equipment and system solution. It is mainly engaged in research, development, production and sales of new display device testing equipment. Detection and calibration repair, and gradually extended to the field of semiconductor storage device testing equipment, related products are used in wafer testing, packaging testing and aging repair of semiconductor storage devices represented by DRAM.

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