Guangzhou Zhujiang Brewery Co (SZSE:002461) COGS-to-Revenue : 0.58 (As of Mar. 2024)

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What is Guangzhou Zhujiang Brewery Co COGS-to-Revenue?

Guangzhou Zhujiang Brewery Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥641 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,108 Mil.

Guangzhou Zhujiang Brewery Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.58.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Guangzhou Zhujiang Brewery Co's Gross Margin % for the three months ended in Mar. 2024 was 42.13%.

Guangzhou Zhujiang Brewery Co COGS-to-Revenue Historical Data

The historical data trend for Guangzhou Zhujiang Brewery 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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Guangzhou Zhujiang Brewery Co COGS-to-Revenue Chart

Guangzhou Zhujiang Brewery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.53

0.50

0.55

0.58

0.57

Guangzhou Zhujiang Brewery 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															0.59	0.52	0.54	0.72	0.58

Guangzhou Zhujiang Brewery Co COGS-to-Revenue Calculation

Guangzhou Zhujiang Brewery 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
	=	3075.263	/	5378.04
	=	0.57

Guangzhou Zhujiang Brewery Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	641.329	/	1108.275
	=	0.58

Guangzhou Zhujiang Brewery Co (SZSE:002461) COGS-to-Revenue Explanation

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

Guangzhou Zhujiang Brewery 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	-	641.329 / 1108.275
	=	42.13 %

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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Guangzhou Zhujiang Brewery Co (SZSE:002461) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Guangzhou Zhujiang Brewery Co Ltd (SZSE:002461) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No 118 Modiesha Street, Xingangdong Road, Guangzhou, CHN

Website

http://www.zhujiangbeer.com

Guangzhou Zhujiang Brewery Co Ltd is a large state-owned enterprise which mainly deals in beer and its relative products. It offers wine, beer, and malt. The company markets its products under Zhujiang Beer, Lager Beer, and Supra Beer brand names.

Executives

Fang Gui Quan	Director
Liao Chi Liang	Supervisors
Zhu Wei Bin	Directors, executives
Wang Shi Ji	Supervisors
Ye Mu Su	Executives
Yang Yong Fu	Director

Guangzhou Zhujiang Brewery Co (SZSE:002461) Headlines

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