Zhejiang Entive Smart Kitchen Appliance Co (SZSE:300911) COGS-to-Revenue : 0.55 (As of Mar. 2024)

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What is Zhejiang Entive Smart Kitchen Appliance Co COGS-to-Revenue?

Zhejiang Entive Smart Kitchen Appliance Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥70 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥127 Mil.

Zhejiang Entive Smart Kitchen Appliance Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.55.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhejiang Entive Smart Kitchen Appliance Co's Gross Margin % for the three months ended in Mar. 2024 was 44.64%.

Zhejiang Entive Smart Kitchen Appliance Co COGS-to-Revenue Historical Data

The historical data trend for Zhejiang Entive Smart Kitchen Appliance 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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Zhejiang Entive Smart Kitchen Appliance Co COGS-to-Revenue Chart

Zhejiang Entive Smart Kitchen Appliance Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.57

0.54

0.55

0.53

0.51

Zhejiang Entive Smart Kitchen Appliance 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															0.51	0.47	0.54	0.55	0.55

Zhejiang Entive Smart Kitchen Appliance Co COGS-to-Revenue Calculation

Zhejiang Entive Smart Kitchen Appliance 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
	=	630.02	/	1227.258
	=	0.51

Zhejiang Entive Smart Kitchen Appliance Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	70.191	/	126.798
	=	0.55

Zhejiang Entive Smart Kitchen Appliance Co (SZSE:300911) COGS-to-Revenue Explanation

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

Zhejiang Entive Smart Kitchen Appliance 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	-	70.191 / 126.798
	=	44.64 %

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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Zhejiang Entive Smart Kitchen Appliance Co (SZSE:300911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zhejiang Entive Smart Kitchen Appliance Co Ltd (SZSE:300911) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 68, Zheduan Road, Pukou Street, Shengzhou City, Zhejiang Province, Shaoxing, CHN, 312400

Website

https://www.entive.com

Zhejiang Yitian Intelligent Kitchen Appliance Co Ltd is engaged in the manufacturing, production, sale and service of modern new kitchen appliances.

Zhejiang Entive Smart Kitchen Appliance Co (SZSE:300911) Headlines

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