Shenzhen Tonge Group Co (SZSE:000090) COGS-to-Revenue : 0.84 (As of Jun. 2024)

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What is Shenzhen Tonge Group Co COGS-to-Revenue?

Shenzhen Tonge Group Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥2,634 Mil. Its Revenue for the three months ended in Jun. 2024 was ¥3,118 Mil.

Shenzhen Tonge Group Co's COGS to Revenue for the three months ended in Jun. 2024 was 0.84.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shenzhen Tonge Group Co's Gross Margin % for the three months ended in Jun. 2024 was 15.52%.

Shenzhen Tonge Group Co COGS-to-Revenue Historical Data

The historical data trend for Shenzhen Tonge 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.

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Shenzhen Tonge Group Co COGS-to-Revenue Chart

Shenzhen Tonge Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.77

0.76

0.80

0.85

Shenzhen Tonge Group Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
COGS-to-Revenue	Get a 7-Day Free Trial															0.84	0.87	0.88	0.82	0.84

Shenzhen Tonge Group Co COGS-to-Revenue Calculation

Shenzhen Tonge 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
	=	23056.842	/	26999.299
	=	0.85

Shenzhen Tonge Group Co's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2634.053	/	3118.136
	=	0.84

Shenzhen Tonge Group Co (SZSE:000090) COGS-to-Revenue Explanation

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

Shenzhen Tonge Group Co's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2634.053 / 3118.136
	=	15.52 %

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 Tonge Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Tonge Group Co Ltd (SZSE:000090) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7058 Hongli West Road, City Administration Building, 7-8F, Futian District, Shenzhen, Guangdong, CHN, 518034

Website

http://www.tonge.com.cn

Shenzhen Tonge Group Co Ltd is an engineering and construction industry. The company is engaged in urban construction, comprehensive development, and urban services.

Executives

Jiang Jian	Executives
Han De Hong	Director
Xiao Jie An	Supervisors
He Yun Wu	Executives
Tong Qing Huo	Director
Zhou Zhi Ming	Supervisors
Lu Wei Hong	Securities Affairs Representative
Li Zi Xiang	Director
Fu Xiong Yi	Executives
Wang Cheng Mei	Supervisors
Jiang Yong Gui	Directors, executives
Wei Zhi	Executives
Yan Ji Pei	Executives, supervisors
Xu Zhao Song	Executives

Shenzhen Tonge Group Co Headlines

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