Xiamen Tungsten Co (SHSE:600549) COGS-to-Revenue : 0.83 (As of Mar. 2024)

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What is Xiamen Tungsten Co COGS-to-Revenue?

Xiamen Tungsten Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥6,890 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥8,270 Mil.

Xiamen Tungsten Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Xiamen Tungsten Co's Gross Margin % for the three months ended in Mar. 2024 was 16.69%.

Xiamen Tungsten Co COGS-to-Revenue Historical Data

The historical data trend for Xiamen Tungsten 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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Xiamen Tungsten Co COGS-to-Revenue Chart

Xiamen Tungsten Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.84

0.82

0.84

0.86

0.83

Xiamen Tungsten 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															0.82	0.84	0.84	0.83	0.83

Xiamen Tungsten Co COGS-to-Revenue Calculation

Xiamen Tungsten 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
	=	32888.087	/	39397.906
	=	0.83

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6889.653	/	8269.712
	=	0.83

Xiamen Tungsten Co (SHSE:600549) COGS-to-Revenue Explanation

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

Xiamen Tungsten 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	-	6889.653 / 8269.712
	=	16.69 %

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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Xiamen Tungsten Co (SHSE:600549) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xiamen Tungsten Co Ltd (SHSE:600549) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Number 619 Hubin South Road, 16th Floor, Xiamen, Fujian, CHN, 361004

Website

http://www.cxtc.com

Xiamen Tungsten Co Ltd is engaged in smelting, processing, and developing tungsten, molybdenum, and rare earth metals in the People's Republic of China. It offers tungsten concentrates, such as WO3, WOX, RTP, tungsten powders, cast WC, cemented carbide rods, tungsten steel products, tungsten bars and tungsten wires. The company is also engaged in Rare Earth Business, Molybdenum Business, New Energy Materials Business and Real Estate Business.

Executives

Xu Huo Yao	senior management
Wu Gao Chao	Directors, senior managers
Hong Chao E	senior management
Zhong Ke Xiang	senior management
Huang Zhang Geng	Director
Zhong Bing Xian	senior management
Zhou Yu Jun	senior management
Xu Ji Song	Supervisors

Xiamen Tungsten Co (SHSE:600549) Headlines

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