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Dongfang Electronics Co (SZSE:000682) Cost of Goods Sold : ¥4,651 Mil (TTM As of Sep. 2024)


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What is Dongfang Electronics Co Cost of Goods Sold?

Dongfang Electronics Co's cost of goods sold for the three months ended in Sep. 2024 was ¥1,213 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was ¥4,651 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Dongfang Electronics Co's Gross Margin % for the three months ended in Sep. 2024 was 33.07%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Dongfang Electronics Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.29.


Dongfang Electronics Co Cost of Goods Sold Historical Data

The historical data trend for Dongfang Electronics Co's Cost of Goods Sold 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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Dongfang Electronics Co Cost of Goods Sold Chart

Dongfang Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,227.32 2,467.21 3,002.06 3,706.01 4,295.10

Dongfang Electronics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,063.06 1,537.77 864.11 1,035.79 1,212.86

Dongfang Electronics Co Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥4,651 Mil.

* 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.


Dongfang Electronics Co  (SZSE:000682) Cost of Goods Sold Explanation

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

Dongfang Electronics Co's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1812.073 - 1212.859) / 1812.073
=33.07 %

* 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.

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.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Dongfang Electronics Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as:

* 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


Dongfang Electronics Co Cost of Goods Sold Related Terms

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Dongfang Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
2 JiChang Road, Shandong Province, Yantai, CHN, 264001
Dongfang Electronics Co Ltd is a China-based company operating in the hi-tech industry. It offers energy management system solutions. The company provides intelligent automation control products and solutions in terms of power generation, power transmission, power transformation, power distribution and power utilization. It is also involved in the research and application of radio frequency identification technology, and high and low-voltage frequency converters. The product portfolio of the company comprises SCADA/EMS/DMS, mini SCADA, RTU/FRUT/BCU/Gateway, Metering products and others. The solutions provided by the company includes power grid engineering, power operation services, SCADA EMS, SCADA DMS, substation control system, substation automation system and others.
Executives
Qu Zhi Ping Independent director
Ding Zhen Hua Director
Wang Chuan Qi Executives
Ma Peng Xiang Directors, executives
Meng Fan Jin Director
Zhao Jian Guo Director
Sun Jiang Guo Supervisors
Xu Zhi Guo Supervisors
Liu Yao Jie Director

Dongfang Electronics Co Headlines

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