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Shanghai Hi-Tech Control System Co (SZSE:002184) COGS-to-Revenue : 0.80 (As of Mar. 2024)


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What is Shanghai Hi-Tech Control System Co COGS-to-Revenue?

Shanghai Hi-Tech Control System Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥381 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥478 Mil.

Shanghai Hi-Tech Control System Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shanghai Hi-Tech Control System Co's Gross Margin % for the three months ended in Mar. 2024 was 20.20%.

Shanghai Hi-Tech Control System Co COGS-to-Revenue Historical Data

The historical data trend for Shanghai Hi-Tech Control System 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.

Shanghai Hi-Tech Control System Co COGS-to-Revenue Chart

Shanghai Hi-Tech Control System 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 0.81 0.80 0.80 0.81 0.83

Shanghai Hi-Tech Control System 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 0.83 0.82 0.81 0.85 0.80

Shanghai Hi-Tech Control System Co COGS-to-Revenue Calculation

Shanghai Hi-Tech Control System 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
=2938.123 / 3551.715
=0.83

Shanghai Hi-Tech Control System Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=381.296 / 477.797
=0.80

* 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.

Shanghai Hi-Tech Control System Co  (SZSE:002184) COGS-to-Revenue Explanation

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

Shanghai Hi-Tech Control System 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 - 381.296 / 477.797
=20.20 %

* 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.

Shanghai Hi-Tech Control System Co COGS-to-Revenue Related Terms

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Shanghai Hi-Tech Control System Co (SZSE:002184) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai Hi-Tech Control System Co Ltd (SZSE:002184) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:300608 SZSE:300231 SHSE:688244 SZSE:003005 SZSE:002912 SZSE:300287 SHSE:603138 SHSE:688258 SZSE:300513 SZSE:300603 ACN NSE:TCS IBM FI NSE:INFY NSE:HCLTECH FIS XPAR:CAP IT CTSH
Traded in Other Exchanges
N/A
Address
No. 900 Yishan Road, Science and Technology Development Building, Block B, 17F, Shanghai, Shanghai, CHN, 200233
Website
http://www.hite.com.cn
Shanghai Hi-Tech Control System Co Ltd operates in the field of industry informatization and automation. The company provides industry users with informatization and intelligentization control products, electric automation and informatization products. Its products offering include a wind turbine converter, industrial control products and systems, industrial network products, and power electric products.
Executives
Zhao Da Di Director
Guo Meng Rong Directors, executives
Xu Hong Director
Wu Qiu Nong Directors, executives
Lu Wen Jing Supervisors
He Yong Jun Executives
Hu Yu Executives, directors
Shi Chao Zhu Director
Zhang Zhe Zhi Executives
Wang Xiao Bo Supervisors
Wu Huan Qun Supervisors
Fang Jian Director
Sheng Ya Ping Supervisors

Shanghai Hi-Tech Control System Co (SZSE:002184) Headlines

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