Changzhou Fusion New Material Co (SHSE:688503) COGS-to-Revenue : 0.92 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Changzhou Fusion New Material Co COGS-to-Revenue?

Changzhou Fusion New Material Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,710 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥2,953 Mil.

Changzhou Fusion New Material Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.92.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Changzhou Fusion New Material Co's Gross Margin % for the three months ended in Mar. 2024 was 8.25%.

Changzhou Fusion New Material Co COGS-to-Revenue Historical Data

The historical data trend for Changzhou Fusion New Material 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.

Changzhou Fusion New Material Co COGS-to-Revenue Chart

Changzhou Fusion New Material Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.82

0.86

0.90

0.88

0.90

Changzhou Fusion New Material Co Quarterly Data
	Dec18	Dec19	Mar20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial											0.91	0.89	0.88	0.93	0.92

Changzhou Fusion New Material Co COGS-to-Revenue Calculation

Changzhou Fusion New Material 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
	=	9280.206	/	10290.366
	=	0.90

Changzhou Fusion New Material Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2709.586	/	2953.156
	=	0.92

Changzhou Fusion New Material Co (SHSE:688503) COGS-to-Revenue Explanation

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

Changzhou Fusion New Material 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	-	2709.586 / 2953.156
	=	8.25 %

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.

Changzhou Fusion New Material Co COGS-to-Revenue Related Terms

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

Changzhou Fusion New Material Co (SHSE:688503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Changzhou Fusion New Material Co Ltd (SHSE:688503) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 66 Liuyanghe Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213031

Website

http://www.fusion-cz.com

Changzhou Fusion New Material Co Ltd specializes in the research and development, production and sales of new electronic pastes. The company's main product is front silver paste for solar cells. Front silver paste is a functional material based on silver powder, which is the key material for the preparation of solar cell metal electrodes. Its product performance and preparation process are directly related to the photoelectric conversion efficiency of solar cells.

Executives

Ren Yi Chao

Core technical personnel

Changzhou Fusion New Material Co (SHSE:688503) Headlines

No Headlines