Shengda Resources Co (SZSE:000603) COGS-to-Revenue : 0.84 (As of Mar. 2024)

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What is Shengda Resources Co COGS-to-Revenue?

Shengda Resources Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥222 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥263 Mil.

Shengda Resources Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.84.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shengda Resources Co's Gross Margin % for the three months ended in Mar. 2024 was 15.82%.

Shengda Resources Co COGS-to-Revenue Historical Data

The historical data trend for Shengda Resources 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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Shengda Resources Co COGS-to-Revenue Chart

Shengda Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.69

0.54

0.33

0.46

0.68

Shengda Resources 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															0.73	0.67	0.70	0.65	0.84

Shengda Resources Co COGS-to-Revenue Calculation

Shengda Resources 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
	=	1533.191	/	2253.503
	=	0.68

Shengda Resources Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	221.615	/	263.278
	=	0.84

Shengda Resources Co (SZSE:000603) COGS-to-Revenue Explanation

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

Shengda Resources 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	-	221.615 / 263.278
	=	15.82 %

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.

Shengda Resources Co COGS-to-Revenue Related Terms

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Shengda Resources Co (SZSE:000603) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shengda Resources Co Ltd (SZSE:000603) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 1, Yinghai Section, Jingfu Road, Daxing District, Yinghai Town, Beijing, CHN, 100079

Website

http://www.sdjt.com

Shengda Resources Co Ltd formerly known as Shengda Mining Co Ltd is a China-based company mainly engaged in the mining, investment and asset management of non-ferrous metal mines. It provides mining engineering technology and consulting services, as well as selling mineral products and chemical products.

Executives

Zhao Qing	Director
Wang Jia Zhe	Director
Wang Hai	Supervisors
Wang Wei	Director
Zhao Man Tang	Director
Chang Qing	Independent director, within six months of separat

Shengda Resources Co (SZSE:000603) Headlines

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