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Wingtech Technology Co (SHSE:600745) COGS-to-Revenue : 0.91 (As of Mar. 2024)


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What is Wingtech Technology Co COGS-to-Revenue?

Wingtech Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥14,753 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥16,247 Mil.

Wingtech Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.91.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Wingtech Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 9.19%.

Wingtech Technology Co COGS-to-Revenue Historical Data

The historical data trend for Wingtech Technology 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.

* Premium members only.

Wingtech Technology Co COGS-to-Revenue Chart

Wingtech Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.85 0.84 0.82 0.84

Wingtech Technology 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 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 0.82 0.83 0.83 0.88 0.91

Wingtech Technology Co COGS-to-Revenue Calculation

Wingtech Technology 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
=51369.047 / 61212.801
=0.84

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

COGS to Revenue=Cost of Goods Sold / Revenue
=14753.301 / 16247.232
=0.91

* 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.

Wingtech Technology Co  (SHSE:600745) COGS-to-Revenue Explanation

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

Wingtech Technology 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 - 14753.301 / 16247.232
=9.19 %

* 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.

Wingtech Technology Co COGS-to-Revenue Related Terms

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Wingtech Technology Co (SHSE:600745) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wingtech Technology Co Ltd (SHSE:600745) » Definitions » COGS-to-Revenue
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SHSE:600487 SZSE:300628 SZSE:002465 SZSE:000733 SZSE:300454 SHSE:600498 SHSE:688387 SZSE:301165 SHSE:600562 SZSE:002544 CSCO SHSE:601138 MSI HPE OHEL:NOKIA SZSE:000063 OSTO:ERIC B SHSE:688036 ZBRA JNPR
Traded in Other Exchanges
N/A
Address
Mission Town Hill on the 6th district, Hubei Province, Huangshi, CHN, 314000
Website
http://Www.wingtech.com
Wingtech Technology Co Ltd is a China-based company engaged in the research, development, and manufacture of mobile terminals and smart hardware products. Its main products are mobile communication complete machines, mobile communication devices and other mobile communication products, such as smartphones. The company also provides services such as Intelligent Terminal, Virtual Reality, Property and Hotel and other services.
Executives
Gao Yan Director
Ceng Hai Cheng senior management
Zhang Qiu Hong Director
Zhou Bin senior management
Chen Jian Supervisors
Xu Qing Hua Director
Wu Nian You senior management
Li Shi Ying Director
Mao Shu Jie Supervisors
Gao Jian Rong Director

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