37 Interactive Entertainment Network Technology Group Co (SZSE:002555) COGS-to-Revenue : 0.18 (As of Mar. 2024)

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What is 37 Interactive Entertainment Network Technology Group Co COGS-to-Revenue?

37 Interactive Entertainment Network Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥868 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥4,750 Mil.

37 Interactive Entertainment Network Technology Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.18.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. 37 Interactive Entertainment Network Technology Group Co's Gross Margin % for the three months ended in Mar. 2024 was 81.72%.

37 Interactive Entertainment Network Technology Group Co COGS-to-Revenue Historical Data

The historical data trend for 37 Interactive Entertainment Network Technology Group 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.

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37 Interactive Entertainment Network Technology Group Co COGS-to-Revenue Chart

37 Interactive Entertainment Network Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.13

0.12

0.15

0.19

0.20

37 Interactive Entertainment Network Technology Group 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															0.22	0.21	0.20	0.20	0.18

37 Interactive Entertainment Network Technology Group Co COGS-to-Revenue Calculation

37 Interactive Entertainment Network Technology Group 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
	=	3391.581	/	16546.872
	=	0.20

37 Interactive Entertainment Network Technology Group Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	868.351	/	4750.141
	=	0.18

37 Interactive Entertainment Network Technology Group Co (SZSE:002555) COGS-to-Revenue Explanation

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

37 Interactive Entertainment Network Technology Group 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	-	868.351 / 4750.141
	=	81.72 %

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.

37 Interactive Entertainment Network Technology Group Co COGS-to-Revenue Related Terms

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37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 37 Interactive Entertainment Network Technology Group Co Ltd (SZSE:002555) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Middle Beijing Road, 11th Floor, Creative Advertising Complex, Wuhu Advertising Industrial Park, Anhui Province, Wuhu, CHN, 241000

Website

http://www.37entertainment.net

37 Interactive Entertainment Network Technology Group Co Ltd is involved in interactive entertainment business mainly focuses on the research, development, publishing, and operation of mobile games and browser games, while arranging pan-entertainment business including film and TV, animation, music. The company steadily promoted the development strategy of platformization, globalization, and pan-entertainment for interactive entertainment business based on IP.

Executives

Ceng Kai Tian	Director
Xu Zhi Gao	Executives
Li Wei Wei	Director
Yang Jun	Directors, executives
Hu Yu Hang	Director
Wu Wei Hong	Director
Wu Wei Dong	Director
Yin Bin	Independent director
Zhang Yun	Directors, executives
Wang Xun	Director
Zhang Yu Hua	Executives

37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Headlines

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