WebRAY Tech (Beijing) Co (SHSE:688651) COGS-to-Revenue : 0.27 (As of Mar. 2024)

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What is WebRAY Tech (Beijing) Co COGS-to-Revenue?

WebRAY Tech (Beijing) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥11.3 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥42.2 Mil.

WebRAY Tech (Beijing) Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.27.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. WebRAY Tech (Beijing) Co's Gross Margin % for the three months ended in Mar. 2024 was 73.19%.

WebRAY Tech (Beijing) Co COGS-to-Revenue Historical Data

The historical data trend for WebRAY Tech (Beijing) 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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WebRAY Tech (Beijing) Co COGS-to-Revenue Chart

WebRAY Tech (Beijing) Co Annual Data

Trend

Dec13

Dec14

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.23

0.24

0.21

0.22

0.25

WebRAY Tech (Beijing) Co Quarterly Data
	Dec13	Dec14	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial										0.31	0.25	0.30	0.22	0.27

WebRAY Tech (Beijing) Co COGS-to-Revenue Calculation

WebRAY Tech (Beijing) 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
	=	72.694	/	290.833
	=	0.25

WebRAY Tech (Beijing) Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11.318	/	42.212
	=	0.27

WebRAY Tech (Beijing) Co (SHSE:688651) COGS-to-Revenue Explanation

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

WebRAY Tech (Beijing) 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	-	11.318 / 42.212
	=	73.19 %

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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WebRAY Tech (Beijing) Co (SHSE:688651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WebRAY Tech (Beijing) Co Ltd (SHSE:688651) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

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Address

No. 9, Shangdi Ninth Street, Room 209, 2nd Floor, Haidian, Beijing, CHN, 100085

Website

https://www.webray.com.cn

WebRAY Tech (Beijing) Co Ltd is engaged in Research and development, production and sales of network security products. The company is focused on the field of cyberspace security, with the mission of making cyberspace more orderly, providing customers with basic network security, business scene security, and cyberspace map security products and services.

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