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Shaanxi Sirui Advanced Materials Co (SHSE:688102) COGS-to-Revenue : 0.77 (As of Mar. 2024)


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What is Shaanxi Sirui Advanced Materials Co COGS-to-Revenue?

Shaanxi Sirui Advanced Materials Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥221 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥287 Mil.

Shaanxi Sirui Advanced Materials Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.77.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shaanxi Sirui Advanced Materials Co's Gross Margin % for the three months ended in Mar. 2024 was 23.17%.


Shaanxi Sirui Advanced Materials Co COGS-to-Revenue Historical Data

The historical data trend for Shaanxi Sirui Advanced Materials 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.

Shaanxi Sirui Advanced Materials Co COGS-to-Revenue Chart

Shaanxi Sirui Advanced Materials Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial 0.78 0.78 0.81 0.81 0.79

Shaanxi Sirui Advanced Materials Co Quarterly Data
Dec17 Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.81 0.80 0.77 0.77

Shaanxi Sirui Advanced Materials Co COGS-to-Revenue Calculation

Shaanxi Sirui Advanced Materials 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
=931.966 / 1179.513
=0.79

Shaanxi Sirui Advanced Materials Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=220.661 / 287.218
=0.77

* 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.


Shaanxi Sirui Advanced Materials Co  (SHSE:688102) COGS-to-Revenue Explanation

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

Shaanxi Sirui Advanced Materials 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 - 220.661 / 287.218
=23.17 %

* 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.


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Shaanxi Sirui Advanced Materials Co (SHSE:688102) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Zhangbaqi Road, High-tech Zone, Shaanxi Province, Xi'an, CHN, 710077
Shaanxi Sirui Advanced Materials Co Ltd focuses on the research and development and manufacture of high-performance copper alloy materials, products and other special copper alloy series materials.
Executives
Xu Run Sheng Director
Li Gang Director
Liang Jian Bin Director
Fan Min Director
Ma Guo Qing Director
Sun Jun Peng Director
Ren Lei Director
Wang Wan Gang Director
Wu Xu Hong Director
Wang Wen Bin Directors, senior managers, core technical personn
Yu Gao Feng Director
Zhang Hang Director
Sheng Qing Yi Director

Shaanxi Sirui Advanced Materials Co (SHSE:688102) Headlines

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