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Zhangjiagang Zhonghuan Hailu High-end Equipment Co (SZSE:301040) COGS-to-Revenue : 1.00 (As of Mar. 2024)


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What is Zhangjiagang Zhonghuan Hailu High-end Equipment Co COGS-to-Revenue?

Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥154.3 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥153.5 Mil.

Zhangjiagang Zhonghuan Hailu High-end Equipment Co's COGS to Revenue for the three months ended in Mar. 2024 was 1.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Gross Margin % for the three months ended in Mar. 2024 was -0.47%.


Zhangjiagang Zhonghuan Hailu High-end Equipment Co COGS-to-Revenue Historical Data

The historical data trend for Zhangjiagang Zhonghuan Hailu High-end Equipment 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.

Zhangjiagang Zhonghuan Hailu High-end Equipment Co COGS-to-Revenue Chart

Zhangjiagang Zhonghuan Hailu High-end Equipment Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.78 0.80 0.86 0.91 0.94

Zhangjiagang Zhonghuan Hailu High-end Equipment Co Quarterly Data
Dec18 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 0.87 0.96 0.94 1.00 1.00

Zhangjiagang Zhonghuan Hailu High-end Equipment Co COGS-to-Revenue Calculation

Zhangjiagang Zhonghuan Hailu High-end Equipment 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
=587.078 / 624.618
=0.94

Zhangjiagang Zhonghuan Hailu High-end Equipment Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=154.251 / 153.536
=1.00

* 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.


Zhangjiagang Zhonghuan Hailu High-end Equipment Co  (SZSE:301040) COGS-to-Revenue Explanation

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

Zhangjiagang Zhonghuan Hailu High-end Equipment 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 - 154.251 / 153.536
=-0.47 %

* 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.


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Zhangjiagang Zhonghuan Hailu High-end Equipment Co (SZSE:301040) Business Description

Traded in Other Exchanges
N/A
Address
Hexing Huashan Road, Jinfeng Town, Jiangsu Province, Zhangjiagang, CHN, 215626
Zhangjiagang Zhonghuan Hailu High-end Equipment Co Ltd is engaged in the research and development, production and sales of industrial metal forgings. The company's main products include bearing forgings, flange forgings, ring gear forgings and other industrial metal forgings.
Executives
Song Ya Dong Directors, executives
Zhang Li Ping Supervisors
Zhu Qian Hao Directors, executives
Dai Yu Tong Directors, executives

Zhangjiagang Zhonghuan Hailu High-end Equipment Co (SZSE:301040) Headlines

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