Global Infotech Co (SZSE:300465) COGS-to-Revenue : 0.74 (As of Mar. 2024)

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What is Global Infotech Co COGS-to-Revenue?

Global Infotech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥148 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥199 Mil.

Global Infotech Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Global Infotech Co's Gross Margin % for the three months ended in Mar. 2024 was 25.69%.

Global Infotech Co COGS-to-Revenue Historical Data

The historical data trend for Global Infotech 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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Global Infotech Co COGS-to-Revenue Chart

Global Infotech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.78

0.81

0.83

0.81

Global Infotech 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															0.76	0.79	0.83	0.85	0.74

Global Infotech Co COGS-to-Revenue Calculation

Global Infotech 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
	=	1144.383	/	1404.29
	=	0.81

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	147.585	/	198.619
	=	0.74

Global Infotech Co (SZSE:300465) COGS-to-Revenue Explanation

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

Global Infotech 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	-	147.585 / 198.619
	=	25.69 %

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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Global Infotech Co (SZSE:300465) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Infotech Co Ltd (SZSE:300465) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liang Ma Qiao Road, No. 32 High Lan Building, 16th floor, Chaoyang District, Beijing, CHN

Website

http://www.git.com.cn

Global Infotech Co Ltd is one of the leading financial information software product and integrated service provider in China. The products and solutions include - EasyLoan Credit Management System, EasyIBS new core business system, Credit asset classification system, Fund transfer pricing overall plan, Point management system, EasyCard Bank Card System, and others.

Executives

Wang Ting	Supervisors
Zheng Xiang Yun	Securities Affairs Representative
Yang Xiao Bin	Executives

Global Infotech Co (SZSE:300465) Headlines

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