Nancal Technology Co (SHSE:603859) COGS-to-Revenue : 0.49 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Nancal Technology Co COGS-to-Revenue?

Nancal Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥196 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥404 Mil.

Nancal Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.49.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Nancal Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 51.38%.

Nancal Technology Co COGS-to-Revenue Historical Data

The historical data trend for Nancal 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.

Nancal Technology Co COGS-to-Revenue Chart

Nancal Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.60

0.56

0.50

Nancal Technology 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															0.54	0.55	0.41	0.48	0.49

Nancal Technology Co COGS-to-Revenue Calculation

Nancal 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
	=	702.541	/	1410.036
	=	0.50

Nancal 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
	=	196.394	/	403.961
	=	0.49

Nancal Technology Co (SHSE:603859) COGS-to-Revenue Explanation

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

Nancal 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	-	196.394 / 403.961
	=	51.38 %

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.

Nancal Technology Co COGS-to-Revenue Related Terms

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

Nancal Technology Co (SHSE:603859) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nancal Technology Co Ltd (SHSE:603859) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Guba Road, Chengguan Street, Fangshan District, No 9, Beijing, CHN, 100193

Website

http://www.nancal.com

Nancal Technology Co Ltd provides energy saving and intelligent manufacturing hardware and software integrated solutions for industrial enterprises in China. The company operates through the following business division Smart Electrical, Smart Charging and Smart Manufacturing. Its products are applied in the fields of petrochemical industry, iron and steel metallurgy, coal mining, aviation equipment and power new energy.

Executives

Yu Sheng Tao	Director
Sun Jun Jie	senior management
Zhao Lan	Directors, senior managers
Lan Li Peng	Director

Nancal Technology Co (SHSE:603859) Headlines

No Headlines