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Sunny Optical Technology (Group) Co (Sunny Optical Technology (Group) Co) COGS-to-Revenue : 0.86 (As of Dec. 2023)


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What is Sunny Optical Technology (Group) Co COGS-to-Revenue?

Sunny Optical Technology (Group) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,093 Mil. Its Revenue for the six months ended in Dec. 2023 was $2,437 Mil.

Sunny Optical Technology (Group) Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.86.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sunny Optical Technology (Group) Co's Gross Margin % for the six months ended in Dec. 2023 was 14.13%.

Sunny Optical Technology (Group) Co COGS-to-Revenue Historical Data

The historical data trend for Sunny Optical Technology (Group) 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.

Sunny Optical Technology (Group) Co COGS-to-Revenue Chart

Sunny Optical Technology (Group) 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 0.80 0.77 0.77 0.80 0.86

Sunny Optical Technology (Group) Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.79 0.79 0.81 0.85 0.86

Sunny Optical Technology (Group) Co COGS-to-Revenue Calculation

Sunny Optical Technology (Group) 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
=3794.126 / 4437.027
=0.86

Sunny Optical Technology (Group) Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2092.776 / 2437.284
=0.86

* 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.

Sunny Optical Technology (Group) Co  (OTCPK:SNPTF) COGS-to-Revenue Explanation

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

Sunny Optical Technology (Group) Co's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 2092.776 / 2437.284
=14.13 %

* 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.

Sunny Optical Technology (Group) Co COGS-to-Revenue Related Terms

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Sunny Optical Technology (Group) Co (Sunny Optical Technology (Group) Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sunny Optical Technology (Group) Co Ltd (OTCPK:SNPTF) » Definitions » COGS-to-Revenue
Comparable Companies
HKSE:00285 HKSE:01888 HKSE:06088 HKSE:01415 HKSE:00710 HKSE:01478 HKSE:00259 HKSE:00732 HKSE:00580 HKSE:00031 APH TPE:2317 TEL TSE:6981 SZSE:002475 GLW TPE:2308 SZSE:000725 XKRX:006400 TSE:6762
Traded in Other Exchanges
SOTGY:USA 02382:Hong Kong SXC:Germany
Address
No. 66-68, Fengle Road, Zhejiang Province, Yuyao, CHN, 315400
Website
https://www.sunnyoptical.com
Headquartered in Yuyao, China, Sunny Optical is China's biggest handset camera modules maker and the world's largest handset lens sets manufacturer. Higher-margin lens sets are used on smartphones, vehicles, and augmented/virtual reality. Sunny Optical is a key beneficiary of the secular growth of mobile and vehicle camera demand, as smartphone manufacturers seek differentiated camera features and advanced driver-assistance systems witness rising adoption among automakers. The firm also manufactures optical instruments, such as high-end microscopes and optical measuring instruments. The company employed over 26,610 people as of December 2022.

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