Anhui Gujing Distillery Co (SZSE:000596) COGS-to-Revenue : 0.20 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Anhui Gujing Distillery Co COGS-to-Revenue?

Anhui Gujing Distillery Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,628 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥8,286 Mil.

Anhui Gujing Distillery Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.20.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Anhui Gujing Distillery Co's Gross Margin % for the three months ended in Mar. 2024 was 80.35%.

Anhui Gujing Distillery Co COGS-to-Revenue Historical Data

The historical data trend for Anhui Gujing Distillery 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.

Anhui Gujing Distillery Co COGS-to-Revenue Chart

Anhui Gujing Distillery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.23

0.25

0.23

0.21

Anhui Gujing Distillery 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															0.20	0.22	0.21	0.21	0.20

Anhui Gujing Distillery Co COGS-to-Revenue Calculation

Anhui Gujing Distillery 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
	=	4239.851	/	20253.527
	=	0.21

Anhui Gujing Distillery Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1628.295	/	8286.317
	=	0.20

Anhui Gujing Distillery Co (SZSE:000596) COGS-to-Revenue Explanation

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

Anhui Gujing Distillery 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	-	1628.295 / 8286.317
	=	80.35 %

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.

Anhui Gujing Distillery Co COGS-to-Revenue Related Terms

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

Anhui Gujing Distillery Co (SZSE:000596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Anhui Gujing Distillery Co Ltd (SZSE:000596) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

200596:China

Address

Gujing Town, Anhui Province, Bozhou, CHN, 236820

Website

http://www.gujing.com

Anhui Gujing is one of the eight most famous baijiu brands in China and the largest baijiu distiller in Anhui province by sales in 2022. The company produces rich-flavored baijiu, with a colorful brand story tracing back 1,800 years to the Three Kingdoms period. Gujing is one of the leading players in the midrange to high-end market and enjoys high retail prices and profit margins, with its flagship Gujing Year Puree series contributing 70%-75% of total sales. The State-Owned Assets Supervision and Administration Commission of Bozhou controls 28% of Gujing.

Anhui Gujing Distillery Co (SZSE:000596) Headlines

No Headlines