Zhibao Technology (Zhibao Technology) COGS-to-Revenue : 0.49 (As of Jun. 2023)

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What is Zhibao Technology COGS-to-Revenue?

Zhibao Technology's Cost of Goods Sold for the six months ended in Jun. 2023 was $3.46 Mil. Its Revenue for the six months ended in Jun. 2023 was $7.02 Mil.

Zhibao Technology's COGS to Revenue for the six months ended in Jun. 2023 was 0.49.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhibao Technology's Gross Margin % for the six months ended in Jun. 2023 was 50.78%.

Zhibao Technology COGS-to-Revenue Historical Data

The historical data trend for Zhibao Technology'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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Zhibao Technology COGS-to-Revenue Chart

Zhibao Technology Annual Data

Trend

Jun21

Jun22

Jun23

COGS-to-Revenue

0.47

0.56

0.59

Zhibao Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	-	0.53	0.61	0.64	0.49

Zhibao Technology COGS-to-Revenue Calculation

Zhibao Technology's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11.658	/	19.843
	=	0.59

Zhibao Technology's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.457	/	7.024
	=	0.49

Zhibao Technology (NAS:ZBAO) COGS-to-Revenue Explanation

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

Zhibao Technology's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	3.457 / 7.024
	=	50.78 %

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.

Zhibao Technology COGS-to-Revenue Related Terms

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Zhibao Technology (Zhibao Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhibao Technology Inc (NAS:ZBAO) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204

Website

https://www.zhibao-tech.com

Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which they pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.

Zhibao Technology (Zhibao Technology) Headlines

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