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Shenzhen Wongtee International Enterprise Co (SZSE:000056) COGS-to-Revenue : 0.39 (As of Mar. 2024)


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What is Shenzhen Wongtee International Enterprise Co COGS-to-Revenue?

Shenzhen Wongtee International Enterprise Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥73 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥185 Mil.

Shenzhen Wongtee International Enterprise Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.39.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shenzhen Wongtee International Enterprise Co's Gross Margin % for the three months ended in Mar. 2024 was 60.63%.

Shenzhen Wongtee International Enterprise Co COGS-to-Revenue Historical Data

The historical data trend for Shenzhen Wongtee International Enterprise 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.

Shenzhen Wongtee International Enterprise Co COGS-to-Revenue Chart

Shenzhen Wongtee International Enterprise 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 0.33 0.35 0.29 0.32 0.75

Shenzhen Wongtee International Enterprise 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 0.42 1.04 0.50 0.40 0.39

Shenzhen Wongtee International Enterprise Co COGS-to-Revenue Calculation

Shenzhen Wongtee International Enterprise 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
=877.696 / 1171.704
=0.75

Shenzhen Wongtee International Enterprise Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=72.935 / 185.243
=0.39

* 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.

Shenzhen Wongtee International Enterprise Co  (SZSE:000056) COGS-to-Revenue Explanation

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

Shenzhen Wongtee International Enterprise 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 - 72.935 / 185.243
=60.63 %

* 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.

Shenzhen Wongtee International Enterprise Co COGS-to-Revenue Related Terms

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Shenzhen Wongtee International Enterprise Co (SZSE:000056) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Wongtee International Enterprise Co Ltd (SZSE:000056) » Definitions » COGS-to-Revenue
Comparable Companies
SHSE:600533 SHSE:600766 SHSE:600684 SHSE:600159 SZSE:000014 SZSE:002133 SZSE:000961 SHSE:600807 SHSE:600322 SZSE:000506 HKSE:00016 HKSE:01109 BOM:532868 HKSE:00688 DFM:EMAAR SHSE:600048 TSE:1925 BOM:543287 HKSE:01113 SZSE:000002
Traded in Other Exchanges
200056:China
Address
Jintian Road, Huang Gang Business Centre, Unit 03, 58th Floor, Futian District, Guangdong Province, Shenzhen, CHN, 518100
Website
http://www.china-ia.com
Shenzhen Wongtee International Enterprise Co Ltd is a real estate development company. The firm is engaged in the business operation and management of its own shopping malls. In addition to the real estate operations, it is also involved in the provision of financial services and content services.
Executives
Chen Jian Hua Independent director
Tang Ruo Min Director
Chen Yong Director
Zhou Li Jiao Supervisors
Chen Xiao Hai Executives
Li Jin Quan Director
Chen Wei Huai Director

Shenzhen Wongtee International Enterprise Co (SZSE:000056) Headlines

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