Jiangxi Welgao Electronics Co (SZSE:301251) COGS-to-Revenue : 0.75 (As of Mar. 2024)

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What is Jiangxi Welgao Electronics Co COGS-to-Revenue?

Jiangxi Welgao Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥153.5 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥204.2 Mil.

Jiangxi Welgao Electronics Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.75.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Jiangxi Welgao Electronics Co's Gross Margin % for the three months ended in Mar. 2024 was 24.83%.

Jiangxi Welgao Electronics Co COGS-to-Revenue Historical Data

The historical data trend for Jiangxi Welgao Electronics 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.
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Jiangxi Welgao Electronics Co COGS-to-Revenue Chart

Jiangxi Welgao Electronics Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.77

0.75

0.80

0.76

0.77

Jiangxi Welgao Electronics Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial							0.73	0.78	0.76	0.80	0.75

Jiangxi Welgao Electronics Co COGS-to-Revenue Calculation

Jiangxi Welgao Electronics 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
	=	633.695	/	822.69
	=	0.77

Jiangxi Welgao Electronics Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	153.485	/	204.197
	=	0.75

Jiangxi Welgao Electronics Co (SZSE:301251) COGS-to-Revenue Explanation

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

Jiangxi Welgao Electronics 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	-	153.485 / 204.197
	=	24.83 %

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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Jiangxi Welgao Electronics Co (SZSE:301251) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangxi Welgao Electronics Co Ltd (SZSE:301251) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Yongjin Avenue, Jinggangshan Economic and Technological Development Zone, Jiangxi, Ji'an, CHN, 343121

Website

http://www.welgao.com

Jiangxi Welgao Electronics Co Ltd is engaged in research & development, production and sales of printed circuit boards.

Jiangxi Welgao Electronics Co (SZSE:301251) Headlines

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