Wells Advanced Materials (Shanghai) Co (SZSE:301555) COGS-to-Revenue : 0.91 (As of Sep. 2024)

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What is Wells Advanced Materials (Shanghai) Co COGS-to-Revenue?

Wells Advanced Materials (Shanghai) Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥382 Mil. Its Revenue for the three months ended in Sep. 2024 was ¥418 Mil.

Wells Advanced Materials (Shanghai) Co's COGS to Revenue for the three months ended in Sep. 2024 was 0.91.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Wells Advanced Materials (Shanghai) Co's Gross Margin % for the three months ended in Sep. 2024 was 8.61%.

Wells Advanced Materials (Shanghai) Co COGS-to-Revenue Historical Data

The historical data trend for Wells Advanced Materials (Shanghai) 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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Wells Advanced Materials (Shanghai) Co COGS-to-Revenue Chart

Wells Advanced Materials (Shanghai) Co Annual Data

Trend

Dec13

Dec14

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.79

0.87

0.89

0.88

0.85

Wells Advanced Materials (Shanghai) Co Quarterly Data
	Jun14	Dec14	Jun15	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial															0.82	0.83	0.90	0.89	0.91

Wells Advanced Materials (Shanghai) Co COGS-to-Revenue Calculation

Wells Advanced Materials (Shanghai) 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
	=	1164.729	/	1378.196
	=	0.85

Wells Advanced Materials (Shanghai) Co's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	382.268	/	418.287
	=	0.91

Wells Advanced Materials (Shanghai) Co (SZSE:301555) COGS-to-Revenue Explanation

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

Wells Advanced Materials (Shanghai) Co's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	382.268 / 418.287
	=	8.61 %

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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Wells Advanced Materials (Shanghai) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Wells Advanced Materials (Shanghai) Co Ltd (SZSE:301555) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 558 Boyuan Road, Building 2, Jiangqiao, Jiading, Shanghai, CHN, 201812

Website

https://www.wellsepoxy.com

Wells Advanced Materials (Shanghai) Co Ltd is engaged in research & development, production and sales of special formula-modified epoxy resin series products.

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