Shinsung ST Co (XKRX:416180) COGS-to-Revenue : 0.80 (As of Jun. 2024)

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What is Shinsung ST Co COGS-to-Revenue?

Shinsung ST Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ₩52,472 Mil. Its Revenue for the three months ended in Jun. 2024 was ₩65,363 Mil.

Shinsung ST Co's COGS to Revenue for the three months ended in Jun. 2024 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shinsung ST Co's Gross Margin % for the three months ended in Jun. 2024 was 19.72%.

Shinsung ST Co COGS-to-Revenue Historical Data

The historical data trend for Shinsung ST 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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Shinsung ST Co COGS-to-Revenue Chart

Shinsung ST Co Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

0.87

0.85

0.84

Shinsung ST Co Quarterly Data
	Jun22	Dec22	Jun23	Dec23	Jun24
COGS-to-Revenue	0.83	0.87	0.81	0.87	0.80

Shinsung ST Co COGS-to-Revenue Calculation

Shinsung ST 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
	=	104374.111	/	124673.27
	=	0.84

Shinsung ST Co's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	52472.338	/	65363.497
	=	0.80

Shinsung ST Co (XKRX:416180) COGS-to-Revenue Explanation

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

Shinsung ST Co's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	52472.338 / 65363.497
	=	19.72 %

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.

Shinsung ST Co COGS-to-Revenue Related Terms

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Shinsung ST Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shinsung ST Co Ltd (XKRX:416180) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Room 701, 711, 3.15-daero, Masanhoewon-gu, Seokjeon-dong, Daea Building, Changwon-si, KOR

Website

http://www.shinsungst.co.kr

Shinsung ST Co Ltd is a company whose main business is battery parts for electric vehicles and Energy storage system parts. It is focused in the secondary battery business, including eco-friendly electric vehicle battery parts.

Shinsung ST Co Headlines

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