United Nova Technology Co (SHSE:688469) COGS-to-Revenue : 1.07 (As of Mar. 2024)

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What is United Nova Technology Co COGS-to-Revenue?

United Nova Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,443 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,353 Mil.

United Nova Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 1.07.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. United Nova Technology Co's Gross Margin % for the three months ended in Mar. 2024 was -6.68%.

United Nova Technology Co COGS-to-Revenue Historical Data

The historical data trend for United Nova 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.

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United Nova Technology Co COGS-to-Revenue Chart

United Nova Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

2.80

1.94

1.16

1.00

1.07

United Nova Technology Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial								0.98	1.04	1.08	1.15	1.07

United Nova Technology Co COGS-to-Revenue Calculation

United Nova 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
	=	5687.086	/	5324.483
	=	1.07

United Nova 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
	=	1443.313	/	1352.996
	=	1.07

United Nova Technology Co (SHSE:688469) COGS-to-Revenue Explanation

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

United Nova 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	-	1443.313 / 1352.996
	=	-6.68 %

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.

United Nova Technology Co COGS-to-Revenue Related Terms

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United Nova Technology Co (SHSE:688469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » United Nova Technology Co Ltd (SHSE:688469) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 518 Linjiang Road, Gaobu Street, Yuecheng District, Zhejiang Province, Shaoxing, CHN, 312000

Website

https://www.smecs.com

United Nova Technology Co Ltd formerly Semiconductor Manufacturing Electronics (Shaoxing) Corp provides foundry services focusing on technology solutions for power, connection and sensor signal chains. On top of wafer foundry service, SMEC also extended its foundry service to module packages in order to support semiconductor companies with a one-stop solution. SMEC provides a complete manufacturing platform to support customer mass production as well as technology development.

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