GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Chengtian Weiye Technology Co Ltd (SZSE:300689) » Definitions » COGS-to-Revenue

Shenzhen Chengtian Weiye Technology Co (SZSE:300689) COGS-to-Revenue : 0.83 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Shenzhen Chengtian Weiye Technology Co COGS-to-Revenue?

Shenzhen Chengtian Weiye Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥58.2 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥69.9 Mil.

Shenzhen Chengtian Weiye Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shenzhen Chengtian Weiye Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 16.62%.


Shenzhen Chengtian Weiye Technology Co COGS-to-Revenue Historical Data

The historical data trend for Shenzhen Chengtian Weiye Technology 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 Chengtian Weiye Technology Co COGS-to-Revenue Chart

Shenzhen Chengtian Weiye Technology 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 0.73 0.76 0.81 0.79 0.83

Shenzhen Chengtian Weiye Technology 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 0.82 0.79 0.88 0.82 0.83

Shenzhen Chengtian Weiye Technology Co COGS-to-Revenue Calculation

Shenzhen Chengtian Weiye Technology 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
=326.227 / 394.279
=0.83

Shenzhen Chengtian Weiye Technology Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=58.242 / 69.85
=0.83

* 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 Chengtian Weiye Technology Co  (SZSE:300689) COGS-to-Revenue Explanation

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

Shenzhen Chengtian Weiye Technology 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 - 58.242 / 69.85
=16.62 %

* 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 Chengtian Weiye Technology Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Shenzhen Chengtian Weiye Technology Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Chengtian Weiye Technology Co (SZSE:300689) Business Description

Traded in Other Exchanges
N/A
Address
Tiley Central Plaza,Haide Road 3, No 2604 ,26th Floor,Building C, Nanshan District, Shenzhen, CHN, 518054
Shenzhen Chengtian Weiye Technology Co Ltd is focused on the development, production, and sales of smart cards, including telecom cards, financial IC cards, and ID cards as well as financial IC card-based manufacturing services for partners. Its products cover the main application areas of smart cards such as mobile communications, financial payments, and public utilities.
Executives
Jing Zai Jun Directors, executives
Feng Xue Yu Directors, executives
Song Jia Bin Director
Jiang Wei Hong Directors, executives
Wu Qing Li Supervisors
Lan You Mei Supervisors
Ceng Yun Bin Supervisors
Zhang Gui Hong Independent director

Shenzhen Chengtian Weiye Technology Co (SZSE:300689) Headlines

No Headlines