Zhongji Innolight Co (SZSE:300308) COGS-to-Revenue : 0.67 (As of Mar. 2024)

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What is Zhongji Innolight Co COGS-to-Revenue?

Zhongji Innolight Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,256 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥4,843 Mil.

Zhongji Innolight Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.67.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhongji Innolight Co's Gross Margin % for the three months ended in Mar. 2024 was 32.76%.

Zhongji Innolight Co COGS-to-Revenue Historical Data

The historical data trend for Zhongji Innolight 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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Zhongji Innolight Co COGS-to-Revenue Chart

Zhongji Innolight Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.73

0.75

0.74

0.71

0.67

Zhongji Innolight 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															0.70	0.69	0.66	0.65	0.67

Zhongji Innolight Co COGS-to-Revenue Calculation

Zhongji Innolight 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
	=	7181.877	/	10717.984
	=	0.67

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3256.173	/	4842.547
	=	0.67

Zhongji Innolight Co (SZSE:300308) COGS-to-Revenue Explanation

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

Zhongji Innolight 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	-	3256.173 / 4842.547
	=	32.76 %

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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Zhongji Innolight Co (SZSE:300308) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhongji Innolight Co Ltd (SZSE:300308) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhuyouguan Town Industrial Park, Shandong province, Longkou, CHN

Website

http://www.zhongji.cc

Zhongji Innolight Co Ltd is a China-based company engaged in the manufacturing workshop, assembly workshop and debugging workshop. It develops, designs, manufactures and sells motor stator windings manufacturing equipment.

Executives

Wang Wei Xiu	Director
Wang Xiao Dong	Directors, executives
Wang Jun	Secretary Dong
Wang Xiao Li	Executives
Wang Ce Sheng	Executives
Qi Zhi Jie	Supervisors
Liu Ji Ling	Securities Affairs Representative
Liu Sheng	Directors, executives
Wang Jin	Supervisors
Feng Tao	Director

Zhongji Innolight Co (SZSE:300308) Headlines

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