Zhejiang Runtu Co (SZSE:002440) COGS-to-Revenue : 0.83 (As of Mar. 2024)

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What is Zhejiang Runtu Co COGS-to-Revenue?

Zhejiang Runtu Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,038 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,251 Mil.

Zhejiang Runtu Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhejiang Runtu Co's Gross Margin % for the three months ended in Mar. 2024 was 17.04%.

Zhejiang Runtu Co COGS-to-Revenue Historical Data

The historical data trend for Zhejiang Runtu 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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Zhejiang Runtu Co COGS-to-Revenue Chart

Zhejiang Runtu Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.64

0.73

0.79

0.84

Zhejiang Runtu 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															0.85	0.79	0.86	0.87	0.83

Zhejiang Runtu Co COGS-to-Revenue Calculation

Zhejiang Runtu 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
	=	4706.811	/	5588.465
	=	0.84

Zhejiang Runtu Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1037.689	/	1250.784
	=	0.83

Zhejiang Runtu Co (SZSE:002440) COGS-to-Revenue Explanation

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

Zhejiang Runtu 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	-	1037.689 / 1250.784
	=	17.04 %

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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Zhejiang Runtu Co (SZSE:002440) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Runtu Co Ltd (SZSE:002440) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

daoxu town, shangyu city, zhejiang province, CHN

Website

http://www.runtuchem.com

Zhejiang Runtu Co Ltd produces and sells disperse, reactive, direct, blended, cation, and original dyes. The company also deals in chemical intermediates, textile auxiliaries, insurance powder, sulfuric acid, chlor-alkali, and hydrogen peroxide.

Executives

Zhao Guo Sheng	Directors, executives
Ruan Jia Chun	Director
Ruan Xing Xiang	Director
Ruan Guang Dong	Directors, executives
Chen He Mei	Independent director
Zhou Cheng Yu	Executives
Xu Wan Fu	Directors, executives
Ruan Jing Bo	Director
Qi Rong Hua	Securities Affairs Representative
Luo Yi Jia	Supervisors
Han Ming Juan	Supervisors
Jing Zhe Hu	Executives
Liu Bo Ping	Securities Affairs Representative
Zhang Tian Fu	Independent director
Ruan Jia Gen	Director

Zhejiang Runtu Co (SZSE:002440) Headlines

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