GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Sunshine Laser and Electronics Technology Co Ltd (SZSE:300227) » Definitions » Cost of Goods Sold

Shenzhen Sunshine Laser and Electronics Technology Co (SZSE:300227) Cost of Goods Sold : ¥748 Mil (TTM As of Jun. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Shenzhen Sunshine Laser and Electronics Technology Co Cost of Goods Sold?

Shenzhen Sunshine Laser and Electronics Technology Co's cost of goods sold for the three months ended in Jun. 2024 was ¥178 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2024 was ¥748 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shenzhen Sunshine Laser and Electronics Technology Co's Gross Margin % for the three months ended in Jun. 2024 was 30.57%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Shenzhen Sunshine Laser and Electronics Technology Co's Inventory Turnover for the three months ended in Jun. 2024 was 0.36.


Shenzhen Sunshine Laser and Electronics Technology Co Cost of Goods Sold Historical Data

The historical data trend for Shenzhen Sunshine Laser and Electronics Technology 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.

* Premium members only.

Shenzhen Sunshine Laser and Electronics Technology Co Cost of Goods Sold Chart

Shenzhen Sunshine Laser and Electronics Technology 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 468.42 510.63 563.03 624.90 720.23

Shenzhen Sunshine Laser and Electronics Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 156.51 214.87 216.26 138.79 177.67

Shenzhen Sunshine Laser and Electronics Technology 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥748 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.


Shenzhen Sunshine Laser and Electronics Technology Co  (SZSE:300227) Cost of Goods Sold Explanation

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

Shenzhen Sunshine Laser and Electronics Technology Co's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(255.896 - 177.674) / 255.896
=30.57 %

* 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:

Shenzhen Sunshine Laser and Electronics Technology Co's Inventory Turnover for the three months ended in Jun. 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.


Shenzhen Sunshine Laser and Electronics Technology Co Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Shenzhen Sunshine Laser and Electronics Technology Co's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Sunshine Laser and Electronics Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 13 Langshan Road, 1st Floor, Block C, Tsinghua Unisplendour Technology Park, Nanshan District, Shenzhen, CHN, 518051
Shenzhen Sunshine Laser and Electronics Technology Co Ltd is engaged in providing laser technology and application services to manufacturing and processing industries. The products and services of the company include additive manufacturing, laser three dimensional circuit, flexible circuit board laser forming, precision laser drilling, and precision laser template.
Executives
Wang Rong Directors, executives
Zhang Hong Yu Directors, executives
Wang Jun Executives
Hou Ruo Hong Directors, executives
Fan Rong Securities Affairs Representative
Cai Zhi Xiang Executives
Li Lu Secretary Dong
Zhang Yu Feng Director
Chen Xuan Executives

Shenzhen Sunshine Laser and Electronics Technology Co Headlines

No Headlines