Kingclean Electric Co (SHSE:603355) COGS-to-Revenue : 0.74 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Kingclean Electric Co COGS-to-Revenue?

Kingclean Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,713 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥2,313 Mil.

Kingclean Electric Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Kingclean Electric Co's Gross Margin % for the three months ended in Mar. 2024 was 25.93%.

Kingclean Electric Co COGS-to-Revenue Historical Data

The historical data trend for Kingclean Electric 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.

Kingclean Electric Co COGS-to-Revenue Chart

Kingclean Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.73

0.74

0.78

0.74

Kingclean Electric 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															0.73	0.70	0.76	0.77	0.74

Kingclean Electric Co COGS-to-Revenue Calculation

Kingclean Electric 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
	=	6540.93	/	8792.206
	=	0.74

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1712.975	/	2312.53
	=	0.74

Kingclean Electric Co (SHSE:603355) COGS-to-Revenue Explanation

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

Kingclean Electric 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	-	1712.975 / 2312.53
	=	25.93 %

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.

Kingclean Electric Co COGS-to-Revenue Related Terms

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

Kingclean Electric Co (SHSE:603355) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Kingclean Electric Co Ltd (SHSE:603355) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Number 1 Xiangyang Road, Suzhou New District, Jiangsu Province, Suzhou, CHN, 215009

Website

http://www.kingclean.com

Kingclean Electric Co Ltd is a China-based company engaged in manufacturing and selling of vacuum cleaners. It also offers garden tools, car motor, hard floor polisher, carpet washer and small home appliances like food cooking machine, juicer, and soymilk maker. The company operates three categories of its core business, High-speed motor and automobile motor, Cleaning appliance and kitchen appliance, and Garden tool products.

Executives

Han Jian	Director
Ni Zu Gen	Director
Wang Ping Ping	Director

Kingclean Electric Co (SHSE:603355) Headlines

No Headlines