GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Zhongchen Electronic Technology Co Ltd (SHSE:603275) » Definitions » COGS-to-Revenue

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) COGS-to-Revenue : 0.57 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Shanghai Zhongchen Electronic Technology Co COGS-to-Revenue?

Shanghai Zhongchen Electronic Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥83.1 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥145.1 Mil.

Shanghai Zhongchen Electronic Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shanghai Zhongchen Electronic Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 42.72%.

Shanghai Zhongchen Electronic Technology Co COGS-to-Revenue Historical Data

The historical data trend for Shanghai Zhongchen Electronic 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.

Shanghai Zhongchen Electronic Technology Co COGS-to-Revenue Chart

Shanghai Zhongchen Electronic Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
0.58 0.54 0.56 0.59 0.57

Shanghai Zhongchen Electronic Technology Co Quarterly Data
Dec19 Dec20 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 0.58 0.58 0.57 0.57 0.57

Shanghai Zhongchen Electronic Technology Co COGS-to-Revenue Calculation

Shanghai Zhongchen Electronic 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
=353.692 / 616.348
=0.57

Shanghai Zhongchen Electronic 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
=83.111 / 145.106
=0.57

* 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.

Shanghai Zhongchen Electronic Technology Co  (SHSE:603275) COGS-to-Revenue Explanation

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

Shanghai Zhongchen Electronic 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 - 83.111 / 145.106
=42.72 %

* 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.

Shanghai Zhongchen Electronic Technology Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Shanghai Zhongchen Electronic Technology Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Zhongchen Electronic Technology Co Ltd (SHSE:603275) » Definitions » COGS-to-Revenue
Comparable Companies
SHSE:603303 SHSE:603530 SZSE:300116 SHSE:600343 SZSE:300341 SZSE:301179 SHSE:600353 SHSE:688800 SHSE:600184 SZSE:002334 SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 VRT HUBB XKRX:247540
Traded in Other Exchanges
N/A
Address
No. 3768 Yexin Road, Maogang Town, Songjiang, Shanghai, CHN, 201607
Website
http://www.zoncn.cn
Shanghai Zhongchen Electronic Technology Co Ltd is a high-tech enterprise focusing on the research and development, production, sales and service of electric transmission and industrial automation products. The company's main products are variable frequency drives, servo drive systems and electric new energy vehicle drives. The company has a wide range of products, among which medium and low-voltage variable frequency drives are divided into two categories: general-purpose products and industry-specific products.

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Headlines

No Headlines