Beijing Shunxin Agriculture Co (SZSE:000860) COGS-to-Revenue : 0.63 (As of Mar. 2024)

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What is Beijing Shunxin Agriculture Co COGS-to-Revenue?

Beijing Shunxin Agriculture Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,550 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥4,057 Mil.

Beijing Shunxin Agriculture Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.63.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Beijing Shunxin Agriculture Co's Gross Margin % for the three months ended in Mar. 2024 was 37.15%.

Beijing Shunxin Agriculture Co COGS-to-Revenue Historical Data

The historical data trend for Beijing Shunxin Agriculture 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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Beijing Shunxin Agriculture Co COGS-to-Revenue Chart

Beijing Shunxin Agriculture Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.64

0.72

0.68

Beijing Shunxin Agriculture 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															0.62	0.79	0.77	0.56	0.63

Beijing Shunxin Agriculture Co COGS-to-Revenue Calculation

Beijing Shunxin Agriculture 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
	=	7223.962	/	10592.556
	=	0.68

Beijing Shunxin Agriculture Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2549.673	/	4056.914
	=	0.63

Beijing Shunxin Agriculture Co (SZSE:000860) COGS-to-Revenue Explanation

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

Beijing Shunxin Agriculture 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	-	2549.673 / 4056.914
	=	37.15 %

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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Beijing Shunxin Agriculture Co (SZSE:000860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Beijing Shunxin Agriculture Co Ltd (SZSE:000860) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Zhan Qian Street (South), Shunyi District, Beijing, Beijing, CHN, 101300

Website

http://www.000860.com

Beijing Shunxin Agriculture Co Ltd is mainly engaged in bio brewing, meat processing, agricultural products, real estate, environment protection, water conservancy and ecological construction. Geographically the business activities are functioned through China.

Executives

Li Bao Yu	Supervisors
Zhang Hai Quan	Executives
Yang Wen Ke	Directors, executives

Beijing Shunxin Agriculture Co (SZSE:000860) Headlines

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