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Queclink Wireless Solutions Co (SZSE:300590) COGS-to-Revenue : 0.59 (As of Mar. 2024)


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What is Queclink Wireless Solutions Co COGS-to-Revenue?

Queclink Wireless Solutions Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥125 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥212 Mil.

Queclink Wireless Solutions Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.59.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Queclink Wireless Solutions Co's Gross Margin % for the three months ended in Mar. 2024 was 40.87%.

Queclink Wireless Solutions Co COGS-to-Revenue Historical Data

The historical data trend for Queclink Wireless Solutions 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.

Queclink Wireless Solutions Co COGS-to-Revenue Chart

Queclink Wireless Solutions 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 0.54 0.58 0.64 0.65 0.60

Queclink Wireless Solutions 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 0.60 0.59 0.60 0.60 0.59

Queclink Wireless Solutions Co COGS-to-Revenue Calculation

Queclink Wireless Solutions 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
=605.408 / 1015.76
=0.60

Queclink Wireless Solutions Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=125.497 / 212.251
=0.59

* 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.

Queclink Wireless Solutions Co  (SZSE:300590) COGS-to-Revenue Explanation

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

Queclink Wireless Solutions 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 - 125.497 / 212.251
=40.87 %

* 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.

Queclink Wireless Solutions Co COGS-to-Revenue Related Terms

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Queclink Wireless Solutions Co (SZSE:300590) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Queclink Wireless Solutions Co Ltd (SZSE:300590) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:300349 SZSE:300007 SZSE:300177 SZSE:002658 SZSE:300516 SZSE:002870 SZSE:002829 SHSE:603421 SHSE:603508 SZSE:002383 TSE:6861 FTV OSTO:HEXA B KEYS GRMN TDY TRMB TSE:7701 CGNX ST
Traded in Other Exchanges
N/A
Address
717 Yishan Road, 3rd Floor, Xuhui District, Shanghai, CHN, 200233
Website
http://www.queclink.com
Queclink Wireless Solutions Co Ltd is a China based company engaged in supplying machine-to-machine (M2M) devices and solutions. The products offered by the company are asset trackers, personal trackers, vehicle tracker, and other accessories. It also offers solutions such as asset tracking, lone workers, telecare, monitoring, and fleet management.
Executives
Liao Rong Hua Directors, executives
Peng Wei Directors, executives
He Liang Executives
Zhang Jie Directors, executives
Tang Jun Securities Affairs Representative

Queclink Wireless Solutions Co (SZSE:300590) Headlines

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