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XCMG Construction Machinery Co (SZSE:000425) COGS-to-Revenue : 0.77 (As of Mar. 2024)


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What is XCMG Construction Machinery Co COGS-to-Revenue?

XCMG Construction Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥18,641 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥24,174 Mil.

XCMG Construction Machinery Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.77.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. XCMG Construction Machinery Co's Gross Margin % for the three months ended in Mar. 2024 was 22.89%.


XCMG Construction Machinery Co COGS-to-Revenue Historical Data

The historical data trend for XCMG Construction Machinery 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.

XCMG Construction Machinery Co COGS-to-Revenue Chart

XCMG Construction Machinery 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 0.83 0.83 0.79 0.80 0.78

XCMG Construction Machinery 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 0.77 0.77 0.77 0.79 0.77

XCMG Construction Machinery Co COGS-to-Revenue Calculation

XCMG Construction Machinery 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
=72064.272 / 92848.221
=0.78

XCMG Construction Machinery Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=18640.533 / 24174.42
=0.77

* 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.


XCMG Construction Machinery Co  (SZSE:000425) COGS-to-Revenue Explanation

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

XCMG Construction Machinery 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 - 18640.533 / 24174.42
=22.89 %

* 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.


XCMG Construction Machinery Co COGS-to-Revenue Related Terms

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XCMG Construction Machinery Co (SZSE:000425) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 Mountain Road, Economic and Technological Development Zone, Jinshanqiao, Jiangsu, Xuzhou, CHN, 221004
XCMG Construction Machinery Co Ltd is engaged in tech development, manufacturing and distribution of mainframes and hydraulic pressure parts in China. Its products include hoisting machinery, shovel machinery, compaction machinery, concrete machinery, road machinery, pile construction machinery, firefighting machinery, and construction machinery spare parts. The company distributes its products within domestic market and to overseas markets.
Executives
Zhang Shou Hang Supervisors
Yang Yong Executives
Zhou Li Cheng Director
Zhang Yu Chun Director

XCMG Construction Machinery Co (SZSE:000425) Headlines

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