Nexchip Semiconductor (SHSE:688249) COGS-to-Revenue : 0.75 (As of Mar. 2024)

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What is Nexchip Semiconductor COGS-to-Revenue?

Nexchip Semiconductor's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,671 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥2,228 Mil.

Nexchip Semiconductor's COGS to Revenue for the three months ended in Mar. 2024 was 0.75.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Nexchip Semiconductor's Gross Margin % for the three months ended in Mar. 2024 was 24.99%.

Nexchip Semiconductor COGS-to-Revenue Historical Data

The historical data trend for Nexchip Semiconductor'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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Nexchip Semiconductor COGS-to-Revenue Chart

Nexchip Semiconductor Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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2.01

1.09

0.55

0.54

0.78

Nexchip Semiconductor Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial									0.92	0.76	0.81	0.72	0.75

Nexchip Semiconductor COGS-to-Revenue Calculation

Nexchip Semiconductor's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5678.173	/	7243.541
	=	0.78

Nexchip Semiconductor's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1671.215	/	2227.893
	=	0.75

Nexchip Semiconductor (SHSE:688249) COGS-to-Revenue Explanation

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

Nexchip Semiconductor'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	-	1671.215 / 2227.893
	=	24.99 %

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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Nexchip Semiconductor (SHSE:688249) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nexchip Semiconductor Corp (SHSE:688249) » Definitions » COGS-to-Revenue

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Address

No. 88, West Feihe Road, Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011

Website

https://www.nexchip.com.cn

Nexchip Semiconductor Corp is the first 12-inch wafer foundry enterprise in Anhui Province. The company focuses on semiconductor wafer production and foundry services and is committed to contributing to the improvement of domestic independent and controllable integrated circuit manufacturing capabilities, providing customers with different 150-55nm process technologies, and will introduce more advanced process technologies in the future. It is engaged in Research and development, production and sales of integrated circuit-related products and supporting products.

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