Fortune Electric Co (TPE:1519) COGS-to-Revenue : 0.66 (As of Mar. 2024)

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What is Fortune Electric Co COGS-to-Revenue?

Fortune Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,996 Mil. Its Revenue for the three months ended in Mar. 2024 was NT$3,038 Mil.

Fortune Electric 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. Fortune Electric Co's Gross Margin % for the three months ended in Mar. 2024 was 34.30%.

Fortune Electric Co COGS-to-Revenue Historical Data

The historical data trend for Fortune Electric 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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Fortune Electric Co COGS-to-Revenue Chart

Fortune Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.84

0.80

0.69

Fortune Electric 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															0.72	0.70	0.67	0.68	0.66

Fortune Electric Co COGS-to-Revenue Calculation

Fortune Electric 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
	=	9565.721	/	13899.74
	=	0.69

Fortune Electric Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1995.649	/	3037.501
	=	0.66

Fortune Electric Co (TPE:1519) COGS-to-Revenue Explanation

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

Fortune Electric 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	-	1995.649 / 3037.501
	=	34.30 %

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.

Fortune Electric Co COGS-to-Revenue Related Terms

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Fortune Electric Co (TPE:1519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fortune Electric Co Ltd (TPE:1519) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Jilin Road, Zhongli District, Taoyuan, TWN, 32063

Website

https://www.fortune.com.tw

Fortune Electric Co Ltd is engaged in manufactures, processes, and trades of transformers, distribution panels, low voltage switches, and substation equipment. The company's operating segment includes Electrical and Mechanical Department and Turnkey Department. It generates maximum revenue from the Electrical and Mechanical department segment. The company's products include cast resin transformer, amorphous metal alloy core transformer, power transformer, distribution transformer, metal-clad switchgear, GIS, switchgear panel, motor control center, gas switch, and transmission and distribution apparatus.

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