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Ningbo Bohui Chemical Technology Co (SZSE:300839) COGS-to-Revenue : 0.99 (As of Mar. 2024)


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What is Ningbo Bohui Chemical Technology Co COGS-to-Revenue?

Ningbo Bohui Chemical Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥785 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥793 Mil.

Ningbo Bohui Chemical Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.99.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ningbo Bohui Chemical Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 0.94%.


Ningbo Bohui Chemical Technology Co COGS-to-Revenue Historical Data

The historical data trend for Ningbo Bohui Chemical 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.

Ningbo Bohui Chemical Technology Co COGS-to-Revenue Chart

Ningbo Bohui Chemical 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 0.81 0.83 0.92 0.88 0.91

Ningbo Bohui Chemical 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 0.76 0.81 0.96 1.02 0.99

Ningbo Bohui Chemical Technology Co COGS-to-Revenue Calculation

Ningbo Bohui Chemical 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
=2533.207 / 2777.756
=0.91

Ningbo Bohui Chemical 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
=785.094 / 792.538
=0.99

* 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.


Ningbo Bohui Chemical Technology Co  (SZSE:300839) COGS-to-Revenue Explanation

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

Ningbo Bohui Chemical 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 - 785.094 / 792.538
=0.94 %

* 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.


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Ningbo Bohui Chemical Technology Co (SZSE:300839) Business Description

Traded in Other Exchanges
N/A
Address
No.199 Taixing Road, Petrochemical Economic and Technological Development Zone, Zhejiang Province, Ningbo, CHN, 315207
Ningbo Bohui Chemical Technology Co Ltd is engaged in research, development, production and sales of heavy aromatic hydrocarbon series products and light fuel oil. The company uses extraction technology and uses fuel oil as a raw material for deep processing, extending the industrial chain, increasing the added value of fuel oil, and turning it into waste. It produces and sells aromatic hydrocarbon series products such as rubber additives, plastic additives, asphalt additives, lubricant additives, and light fuel oil. Its application scope of products mainly covers the fields of rubber processing, asphalt processing and lubricating oil processing.
Executives
You Dan Hong Directors, Directors, and Executives
Xiang Mei Jiao Directors, executives
Wang Lv Directors, executives

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