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Guangdong Provincial Expressway Development Co (SZSE:000429) COGS-to-Revenue : 0.32 (As of Mar. 2024)


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What is Guangdong Provincial Expressway Development Co COGS-to-Revenue?

Guangdong Provincial Expressway Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥356 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,124 Mil.

Guangdong Provincial Expressway Development Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.32.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Guangdong Provincial Expressway Development Co's Gross Margin % for the three months ended in Mar. 2024 was 68.32%.


Guangdong Provincial Expressway Development Co COGS-to-Revenue Historical Data

The historical data trend for Guangdong Provincial Expressway Development 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.

Guangdong Provincial Expressway Development Co COGS-to-Revenue Chart

Guangdong Provincial Expressway Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.44 0.36 0.38 0.36

Guangdong Provincial Expressway Development Co Quarterly Data
Jun19 Sep19 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 0.32 0.32 0.31 0.49 0.32

Guangdong Provincial Expressway Development Co COGS-to-Revenue Calculation

Guangdong Provincial Expressway Development 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
=1740.818 / 4879.067
=0.36

Guangdong Provincial Expressway Development Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=356.263 / 1124.466
=0.32

* 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.


Guangdong Provincial Expressway Development Co  (SZSE:000429) COGS-to-Revenue Explanation

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

Guangdong Provincial Expressway Development 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 - 356.263 / 1124.466
=68.32 %

* 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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Guangdong Provincial Expressway Development Co (SZSE:000429) Business Description

Traded in Other Exchanges
Address
Zhujiang East Road, 45-46th Floor, Litong Plaza, No.32, Zhujiang New City, Tihe Disrtict, Guangzhou, CHN, 510623
Guangdong Provincial Expressway Development Co Ltd is principally engaged in the development and operation of expressways and large bridges. It is involved in tolling and maintenance of Guangfo Expressway, Fokai Expressway, Jiujiang Bridge, Huiyan Expressway, Maozhan Expressway, Jiangzhong Expressway, Kangda Expressway and Gankang Expressway.
Executives
Xiao Lai Jiu Directors, executives
Li Mei Supervisors
Luo Ying Sheng Director

Guangdong Provincial Expressway Development Co (SZSE:000429) Headlines

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