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Shandong Mining Machinery Group Co (SZSE:002526) COGS-to-Revenue : 0.78 (As of Mar. 2024)


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What is Shandong Mining Machinery Group Co COGS-to-Revenue?

Shandong Mining Machinery Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥325 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥416 Mil.

Shandong Mining Machinery Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.78.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shandong Mining Machinery Group Co's Gross Margin % for the three months ended in Mar. 2024 was 21.81%.

Shandong Mining Machinery Group Co COGS-to-Revenue Historical Data

The historical data trend for Shandong Mining Machinery 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.

Shandong Mining Machinery Group Co COGS-to-Revenue Chart

Shandong Mining Machinery 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 0.70 0.72 0.76 0.77 0.76

Shandong Mining Machinery 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 0.76 0.74 0.77 0.79 0.78

Shandong Mining Machinery Group Co COGS-to-Revenue Calculation

Shandong Mining Machinery 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
=2058.751 / 2697.573
=0.76

Shandong Mining Machinery 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
=325.013 / 415.665
=0.78

* 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.

Shandong Mining Machinery Group Co  (SZSE:002526) COGS-to-Revenue Explanation

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

Shandong Mining Machinery 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 - 325.013 / 415.665
=21.81 %

* 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.

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.

Shandong Mining Machinery Group Co COGS-to-Revenue Related Terms

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Shandong Mining Machinery Group Co (SZSE:002526) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shandong Mining Machinery Group Co Ltd (SZSE:002526) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:002559 SZSE:301528 SHSE:605305 SZSE:300503 SZSE:001223 SZSE:301338 SZSE:002757 SZSE:301369 SHSE:688623 SZSE:300091 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Mining Machinery Industrial Park, Economic Development Zone, Changle County, Shandong province, Weifang, CHN
Website
http://www.sdkjjt.com
Shandong Mining Machinery Group Co Ltd manufactures and sells various machinery for coal mining, coal washing, mine safety, brick-making, post press packaging, and unmanned aviation industries in China. Its product portfolio comprises UAV, turbojet engines, and aero engines; and robots, 3D printing machines, workshop logistics automation systems, automatic cleaning and die cutting machines, and engineering robots.
Executives
Wang Zi Gang Directors, executives
Zhu Yun Supervisors
Yan Feng Chun Executives
Yang Cheng San Executives
Ji Feng Executives
Chen Xue Wei Directors, executives
Zhao Du Xue Director
Zhang Yi Zhen Director
Zhao Shi Wu Director
Liang Min Supervisors
Director
Wang Yue Jiang Director
Xiao Chang Li Director
Zhong Zhang You Director

Shandong Mining Machinery Group Co (SZSE:002526) Headlines

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