Tong Yang Industry Co (TPE:1319) COGS-to-Revenue : 0.66 (As of Mar. 2024)

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What is Tong Yang Industry Co COGS-to-Revenue?

Tong Yang Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$4,086 Mil. Its Revenue for the three months ended in Mar. 2024 was NT$6,174 Mil.

Tong Yang Industry Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.66.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tong Yang Industry Co's Gross Margin % for the three months ended in Mar. 2024 was 33.82%.

Tong Yang Industry Co COGS-to-Revenue Historical Data

The historical data trend for Tong Yang Industry 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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Tong Yang Industry Co COGS-to-Revenue Chart

Tong Yang Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.75

0.80

0.81

0.76

0.70

Tong Yang Industry 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															0.73	0.71	0.70	0.67	0.66

Tong Yang Industry Co COGS-to-Revenue Calculation

Tong Yang Industry 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
	=	16725.244	/	23858.806
	=	0.70

Tong Yang Industry Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4086.172	/	6174.172
	=	0.66

Tong Yang Industry Co (TPE:1319) COGS-to-Revenue Explanation

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

Tong Yang Industry 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	-	4086.172 / 6174.172
	=	33.82 %

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.

Tong Yang Industry Co COGS-to-Revenue Related Terms

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Tong Yang Industry Co (TPE:1319) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tong Yang Industry Co Ltd (TPE:1319) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anhe Road, No. 98, Section 2, Tainan, TWN, 709

Website

https://www.tyg.com.tw

Tong Yang Industry Co Ltd is engaged in manufacture and sale of parts, components and models for automobile. The reportable segments of the company are as follows: 1) Assembly Market segment is responsible for the required automobile parts of the car market of production and sales group. 2) Maintenance Market segment is responsible for the production and sales of after-sales maintenance services market automobile parts.

Tong Yang Industry Co (TPE:1319) Headlines

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