Tianshan Material Co (SZSE:000877) COGS-to-Revenue : 0.92 (As of Mar. 2024)

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What is Tianshan Material Co COGS-to-Revenue?

Tianshan Material Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥15,077 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥16,351 Mil.

Tianshan Material Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.92.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tianshan Material Co's Gross Margin % for the three months ended in Mar. 2024 was 7.79%.

Tianshan Material Co COGS-to-Revenue Historical Data

The historical data trend for Tianshan Material 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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Tianshan Material Co COGS-to-Revenue Chart

Tianshan Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.63

0.72

0.75

0.84

Tianshan Material 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															0.90	0.81	0.85	0.81	0.92

Tianshan Material Co COGS-to-Revenue Calculation

Tianshan Material 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
	=	89993.671	/	107379.959
	=	0.84

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	15076.974	/	16351.252
	=	0.92

Tianshan Material Co (SZSE:000877) COGS-to-Revenue Explanation

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

Tianshan Material 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	-	15076.974 / 16351.252
	=	7.79 %

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.

Tianshan Material Co COGS-to-Revenue Related Terms

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Tianshan Material Co (SZSE:000877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tianshan Material Co Ltd (SZSE:000877) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Baiyanggou Village, Xinjiang Uygur Autonomous Region, Daban District, Urumqi, CHN, 830013

Website

http://www.sinoma-tianshan.cn

Xinjiang Tianshan Cement Co Ltd is a major cement producer in northwest China. It is mainly engaged in production, distribution, and research and development of ordinary cement.

Executives

Zhang De	Supervisors
Li Xue Qin	Supervisors
Peng Jian Xin	Director
Zhao Xin Jun	Directors, executives
Gao Yun	Supervisors
Jiang Ying	Supervisors
Wang Lu Yan	Executives
Zhou Lin Ying	Executives
Li Jing Mei	Supervisors
Wang Yan	Executives
Zhang Li Rong	Directors, executives

Tianshan Material Co (SZSE:000877) Headlines

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