Guangdong Advertising Group Co (SZSE:002400) COGS-to-Revenue : 0.90 (As of Mar. 2024)

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What is Guangdong Advertising Group Co COGS-to-Revenue?

Guangdong Advertising Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,844 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥3,153 Mil.

Guangdong Advertising Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.90.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Guangdong Advertising Group Co's Gross Margin % for the three months ended in Mar. 2024 was 9.81%.

Guangdong Advertising Group Co COGS-to-Revenue Historical Data

The historical data trend for Guangdong Advertising 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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Guangdong Advertising Group Co COGS-to-Revenue Chart

Guangdong Advertising Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.85

0.90

0.91

Guangdong Advertising 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															0.89	0.93	0.93	0.91	0.90

Guangdong Advertising Group Co COGS-to-Revenue Calculation

Guangdong Advertising 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
	=	15239.018	/	16673.363
	=	0.91

Guangdong Advertising 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
	=	2843.668	/	3153.125
	=	0.90

Guangdong Advertising Group Co (SZSE:002400) COGS-to-Revenue Explanation

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

Guangdong Advertising 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	-	2843.668 / 3153.125
	=	9.81 %

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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Guangdong Advertising Group Co (SZSE:002400) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Guangdong Advertising Group Co Ltd (SZSE:002400) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xingang East Road, Block G, Haizhu District, Guangzhou Poly World Trade Center 996, Guangzhou, Yuexiu District, CHN

Website

http://www.gimc.cn

Guangdong Advertising Group Co Ltd is a advertising and marketing company. It provides professional marketing services.

Executives

Xu Zhi Hui	Executives
Li Shi Ping	Director
He Bin	Directors, executives
Xia Yue	Directors, executives
Kang An Zhuo	Directors, executives
Dai Shu Hua	Director
Chen Dian Long	Directors, executives
Sha Zong Yi	Secretary Dong
Ding Bang Qing	Directors, executives

Guangdong Advertising Group Co (SZSE:002400) Headlines

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