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Eaglerise Electric & Electronic (China) Co (SZSE:002922) Cost of Goods Sold : ¥3,359 Mil (TTM As of Sep. 2024)


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What is Eaglerise Electric & Electronic (China) Co Cost of Goods Sold?

Eaglerise Electric & Electronic (China) Co's cost of goods sold for the three months ended in Sep. 2024 was ¥976 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was ¥3,359 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Eaglerise Electric & Electronic (China) Co's Gross Margin % for the three months ended in Sep. 2024 was 17.97%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Eaglerise Electric & Electronic (China) Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.63.


Eaglerise Electric & Electronic (China) Co Cost of Goods Sold Historical Data

The historical data trend for Eaglerise Electric & Electronic (China) 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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Eaglerise Electric & Electronic (China) Co Cost of Goods Sold Chart

Eaglerise Electric & Electronic (China) 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 985.50 1,118.33 1,848.74 2,254.65 2,819.34

Eaglerise Electric & Electronic (China) 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 716.38 833.46 586.58 962.14 976.44

Eaglerise Electric & Electronic (China) 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 ¥3,359 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.


Eaglerise Electric & Electronic (China) Co  (SZSE:002922) Cost of Goods Sold Explanation

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

Eaglerise Electric & Electronic (China) Co's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1190.306 - 976.441) / 1190.306
=17.97 %

* 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:

Eaglerise Electric & Electronic (China) 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.


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Eaglerise Electric & Electronic (China) Co Business Description

Traded in Other Exchanges
N/A
Address
Jianping Road, Guicheng Nanhai, A3 Guicheng Science and Technology Park, Guangdong Province, Foshan, CHN, 528200
Eaglerise Electric & Electronic (China) Co Ltd is a China-based company engages in the manufacturing and selling of products and solution for power supply and components. Its products line includes LED driver, LED application product, switching power supply, power supply transformer, inductor, special type transformer, reactor, and distribution transformer.
Executives
Wang Yi Long Directors, executives
Xiao Jun Cheng Director
Liu De Song Executives
Li Jing Min Supervisors
Zhang Tie Lei Executives
Chen Li Jun Directors, executives
Zhao Nan Nan Executives
Chen Lin Executives
Wang Hai Long Supervisors
Deng Guo Rui Director

Eaglerise Electric & Electronic (China) Co Headlines

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