Seres Group Co (SHSE:601127) COGS-to-Revenue : 0.78 (As of Mar. 2024)

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What is Seres Group Co COGS-to-Revenue?

Seres Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥20,846 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥26,561 Mil.

Seres Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.78.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Seres Group Co's Gross Margin % for the three months ended in Mar. 2024 was 21.51%.

Seres Group Co COGS-to-Revenue Historical Data

The historical data trend for Seres 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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Seres Group Co COGS-to-Revenue Chart

Seres Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.83

0.95

0.96

0.89

0.90

Seres 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															0.91	0.96	0.92	0.86	0.78

Seres Group Co COGS-to-Revenue Calculation

Seres 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
	=	32119.287	/	35841.958
	=	0.90

Seres 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
	=	20846.223	/	26560.678
	=	0.78

Seres Group Co (SHSE:601127) COGS-to-Revenue Explanation

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

Seres 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	-	20846.223 / 26560.678
	=	21.51 %

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.

Seres Group Co COGS-to-Revenue Related Terms

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Seres Group Co (SHSE:601127) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Seres Group Co Ltd (SHSE:601127) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7 Wuyunhu Road, Shapingba District, Chongqing, CHN, 401335

Website

https://www.sokon.com

Seres Group Co Ltd is engaged in the research and development, production, sales, and service of automobile and engine parts.

Executives

Liu Chang Dong	Director
Shen Wei	senior management
Duan Wei	senior management
Liu Lian	senior management
Meng Gang	senior management
Cen Yuan Chuan	Director
Chen Yu Qi	senior management
Ma Jian Chang	Director

Seres Group Co (SHSE:601127) Headlines

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