Xinzhi Group Co (SZSE:002664) COGS-to-Revenue : 0.94 (As of Sep. 2024)

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What is Xinzhi Group Co COGS-to-Revenue?

Xinzhi Group Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥1,506 Mil. Its Revenue for the three months ended in Sep. 2024 was ¥1,609 Mil.

Xinzhi Group Co's COGS to Revenue for the three months ended in Sep. 2024 was 0.94.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Xinzhi Group Co's Gross Margin % for the three months ended in Sep. 2024 was 6.46%.

Xinzhi Group Co COGS-to-Revenue Historical Data

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

Xinzhi Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.76

0.81

0.86

0.88

0.86

Xinzhi Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial															0.86	0.86	0.89	0.90	0.94

Xinzhi Group Co COGS-to-Revenue Calculation

Xinzhi 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
	=	3978.694	/	4615.872
	=	0.86

Xinzhi Group Co's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1505.542	/	1609.437
	=	0.94

Xinzhi Group Co (SZSE:002664) COGS-to-Revenue Explanation

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

Xinzhi Group Co's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1505.542 / 1609.437
	=	6.46 %

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.

Xinzhi Group Co COGS-to-Revenue Related Terms

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Xinzhi Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xinzhi Group Co Ltd (SZSE:002664) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No.28 Xinzhi Road, Qiansuo Town, Jiaojiang District, Taizhou, Zhejiang, CHN, 318016

Website

http://www.chinaxinzhi.com

Xinzhi Group Co Ltd is mainly engaged in the research and development, production and sales of various motors and their core components, and provides professional supporting services for large electrical and electrical manufacturers at home and abroad, such as Valeo, Bosch, Denso and others.

Executives

Yin Wei	Director
Yu De Yun	Director
Qin Xiang Qiu	Directors, executives
Fu Jun Hui	Executives
Liang Jun	Supervisors
Xiang Zhao Xian	Directors, executives
Yin Qiang	Director
Ye Xiao Qing	Director
Zhu Bin	Secretary Dong

Xinzhi Group Co Headlines

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