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Shenzhen Longsys Electronics Co (SZSE:301308) COGS-to-Revenue : 0.76 (As of Mar. 2024)


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What is Shenzhen Longsys Electronics Co COGS-to-Revenue?

Shenzhen Longsys Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,367 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥4,453 Mil.

Shenzhen Longsys Electronics Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shenzhen Longsys Electronics Co's Gross Margin % for the three months ended in Mar. 2024 was 24.39%.

Shenzhen Longsys Electronics Co COGS-to-Revenue Historical Data

The historical data trend for Shenzhen Longsys Electronics 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.

Shenzhen Longsys Electronics Co COGS-to-Revenue Chart

Shenzhen Longsys Electronics Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial 0.89 0.88 0.80 0.88 0.92

Shenzhen Longsys Electronics Co Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.99 0.95 0.81 0.76

Shenzhen Longsys Electronics Co COGS-to-Revenue Calculation

Shenzhen Longsys Electronics 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
=9295.952 / 10125.112
=0.92

Shenzhen Longsys Electronics Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=3366.674 / 4452.882
=0.76

* 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.

Shenzhen Longsys Electronics Co  (SZSE:301308) COGS-to-Revenue Explanation

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

Shenzhen Longsys Electronics 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 - 3366.674 / 4452.882
=24.39 %

* 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.

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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Shenzhen Longsys Electronics Co (SZSE:301308) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Longsys Electronics Co Ltd (SZSE:301308) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:000977 SZSE:300223 SZSE:002180 SZSE:000066 SHSE:603019 SHSE:600100 SZSE:000021 SHSE:600601 SZSE:002635 SHSE:600734 ANET DELL SZSE:002415 HPQ TSE:7751 TPE:2382 SHSE:688041 NTAP STX HKSE:00992
Traded in Other Exchanges
N/A
Address
No.8 Kefa Road, A, B, C, D, E, F1, 8th Floor, Building 1, Financial Services Technology Innovation Base, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Website
https://www.longsys.com
Shenzhen Longsys Electronics Co Ltd is a technology-based storage product manufacturer dedicated to memory chip architecture and application. The company has five product lines: embedded storage, industrial storage, mobile storage, SSD storage, and memory module. It provides systematic solutions for personal data and industrial software and hardware storage products.
Executives
Cai Hua Bo Directors, executives
Wang Jing Yang Directors, executives
Zhu Yu Directors, executives

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