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Weifu High-Technology Group Co (SZSE:000581) COGS-to-Revenue : 0.81 (As of Mar. 2024)


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What is Weifu High-Technology Group Co COGS-to-Revenue?

Weifu High-Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,365 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥2,903 Mil.

Weifu High-Technology Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Weifu High-Technology Group Co's Gross Margin % for the three months ended in Mar. 2024 was 18.53%.

Weifu High-Technology Group Co COGS-to-Revenue Historical Data

The historical data trend for Weifu High-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.

Weifu High-Technology Group Co COGS-to-Revenue Chart

Weifu High-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 0.76 0.81 0.82 0.87 0.82

Weifu High-Technology Group 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 0.86 0.83 0.83 0.79 0.81

Weifu High-Technology Group Co COGS-to-Revenue Calculation

Weifu High-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
=9150.313 / 11093.142
=0.82

Weifu High-Technology Group Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2365.382 / 2903.413
=0.81

* 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.

Weifu High-Technology Group Co  (SZSE:000581) COGS-to-Revenue Explanation

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

Weifu High-Technology Group 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 - 2365.382 / 2903.413
=18.53 %

* 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.

Weifu High-Technology Group Co COGS-to-Revenue Related Terms

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Weifu High-Technology Group Co (SZSE:000581) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Weifu High-Technology Group Co Ltd (SZSE:000581) » Definitions » COGS-to-Revenue
Comparable Companies
SHSE:600933 SZSE:000887 SHSE:603730 SZSE:000559 SZSE:002472 SHSE:688567 SHSE:603997 SZSE:002126 SZSE:001696 SZSE:002906 TSE:6902 TSE:5108 XPAR:ML APTV MBLY GPC SHSE:600660 XKRX:012330 XTER:CON TSX:MG
Traded in Other Exchanges
200581:China
Address
No. 5, Huashan Road, Xinwu District, Jiangsu Province, Wuxi, CHN, 214028
Website
http://www.weifu.com.cn
Weifu High-Technology Group Co Ltd is a manufacturer of automotive components. The company has three reportable segments namely auto fuel injection system and fuel cell components; air management system and automotive post-processing system. It generates maximum revenue from the automotive post-processing system segment.
Executives
Xu Yun Feng Executives
Mou Yu Ming Executives
Ou Jian Bin Directors, executives
Shi Xing Yuan Supervisors
Chen Xue Jun Director
Wang Xiao Dong Directors, executives
Gao Guo Yuan Supervisors
Han Jiang Ming Supervisors
Chu Yong Securities Affairs Representative
Deng Xi Jiang Executives
Chen Qi Long Director
Xu Liang Fei Director
You Jian Zhong Supervisors

Weifu High-Technology Group Co (SZSE:000581) Headlines

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