Shiny Chemical Industrial Co (TPE:1773) COGS-to-Revenue : 0.67 (As of Mar. 2024)

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What is Shiny Chemical Industrial Co COGS-to-Revenue?

Shiny Chemical Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,768 Mil. Its Revenue for the three months ended in Mar. 2024 was NT$2,649 Mil.

Shiny Chemical Industrial 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. Shiny Chemical Industrial Co's Gross Margin % for the three months ended in Mar. 2024 was 33.27%.

Shiny Chemical Industrial Co COGS-to-Revenue Historical Data

The historical data trend for Shiny Chemical Industrial 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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Shiny Chemical Industrial Co COGS-to-Revenue Chart

Shiny Chemical Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.75

0.70

0.72

0.70

0.68

Shiny Chemical Industrial 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															0.69	0.67	0.70	0.66	0.67

Shiny Chemical Industrial Co COGS-to-Revenue Calculation

Shiny Chemical Industrial 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
	=	6697.29	/	9852.91
	=	0.68

Shiny Chemical Industrial Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1767.675	/	2648.98
	=	0.67

Shiny Chemical Industrial Co (TPE:1773) COGS-to-Revenue Explanation

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

Shiny Chemical Industrial 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	-	1767.675 / 2648.98
	=	33.27 %

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.

Shiny Chemical Industrial Co COGS-to-Revenue Related Terms

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Shiny Chemical Industrial Co (TPE:1773) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shiny Chemical Industrial Co Ltd (TPE:1773) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Yonggong 1st Road, Yongan District, Kaohsiung, TWN, 82841

Website

https://www.shinychem.com.tw

Shiny Chemical Industrial Co Ltd is a Taiwan-based company primarily engaged in the manufacturing and distribution of chemical solvent series products and the trading of raw chemical materials. The company's segment includes Chemical product and Processing. It generates maximum revenue from the Chemical product segment. Geographically, it derives a majority of its revenue from Taiwan.

Shiny Chemical Industrial Co (TPE:1773) Headlines

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