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Shenzhen InfoTech Technologies Co (SZSE:300085) COGS-to-Revenue : 0.79 (As of Mar. 2024)


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What is Shenzhen InfoTech Technologies Co COGS-to-Revenue?

Shenzhen InfoTech Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥166.2 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥209.2 Mil.

Shenzhen InfoTech Technologies Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shenzhen InfoTech Technologies Co's Gross Margin % for the three months ended in Mar. 2024 was 20.55%.

Shenzhen InfoTech Technologies Co COGS-to-Revenue Historical Data

The historical data trend for Shenzhen InfoTech Technologies 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.

Shenzhen InfoTech Technologies Co COGS-to-Revenue Chart

Shenzhen InfoTech Technologies 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 0.69 0.75 0.80 0.76 0.77

Shenzhen InfoTech Technologies 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 0.73 0.77 0.74 0.85 0.79

Shenzhen InfoTech Technologies Co COGS-to-Revenue Calculation

Shenzhen InfoTech Technologies 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
=784.427 / 1015.145
=0.77

Shenzhen InfoTech Technologies Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=166.224 / 209.206
=0.79

* 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.

Shenzhen InfoTech Technologies Co  (SZSE:300085) COGS-to-Revenue Explanation

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

Shenzhen InfoTech Technologies 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 - 166.224 / 209.206
=20.55 %

* 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.

Shenzhen InfoTech Technologies Co COGS-to-Revenue Related Terms

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Shenzhen InfoTech Technologies Co (SZSE:300085) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen InfoTech Technologies Co Ltd (SZSE:300085) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:002315 SZSE:002990 SHSE:688158 SZSE:300768 SHSE:688023 SZSE:300352 SZSE:300366 SZSE:300369 SZSE:300579 SHSE:688562 MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK
Traded in Other Exchanges
N/A
Address
Shenzhen Tian An Cyber Park, Tianxiang Building Block 5B2 AB, Futian District, Shenzhen, CHN, 518048
Website
http://www.yinzhijie.com
Shenzhen InfoTech Technologies Co Ltd is focused on the financial information industry, providing software products, software development, financial special equipment and technical services to financial institutions such as banks. The company's product line covers bank payment and settlement, risk prevention and control, process re-engineering and self-help.
Executives
Li Jun Directors, executives
Feng Jun Director
Chen Xiang Jun Director
He Ye Director
He Jian Independent director
Zhang Xue Jun Director
Zhou Feng Supervisors
Xu Qiu Jiang Executives
Liu Yi Directors, executives
Yang Jin Min Supervisors
Tang Jin Xing Executives
Peng Jian Wen Executives

Shenzhen InfoTech Technologies Co (SZSE:300085) Headlines

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