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Ta Chen Stainless Pipe Co (TPE:2027) COGS-to-Revenue : 0.83 (As of Mar. 2024)


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What is Ta Chen Stainless Pipe Co COGS-to-Revenue?

Ta Chen Stainless Pipe Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$19,241 Mil. Its Revenue for the three months ended in Mar. 2024 was NT$23,225 Mil.

Ta Chen Stainless Pipe Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ta Chen Stainless Pipe Co's Gross Margin % for the three months ended in Mar. 2024 was 17.15%.


Ta Chen Stainless Pipe Co COGS-to-Revenue Historical Data

The historical data trend for Ta Chen Stainless Pipe 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.

Ta Chen Stainless Pipe Co COGS-to-Revenue Chart

Ta Chen Stainless Pipe Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.85 0.70 0.73 0.81

Ta Chen Stainless Pipe 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 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 Premium Member Only Premium Member Only Premium Member Only 0.79 0.80 0.82 0.84 0.83

Ta Chen Stainless Pipe Co COGS-to-Revenue Calculation

Ta Chen Stainless Pipe 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
=81799.804 / 101256.601
=0.81

Ta Chen Stainless Pipe Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=19241.474 / 23224.8
=0.83

* 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.


Ta Chen Stainless Pipe Co  (TPE:2027) COGS-to-Revenue Explanation

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

Ta Chen Stainless Pipe 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 - 19241.474 / 23224.8
=17.15 %

* 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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Ta Chen Stainless Pipe Co (TPE:2027) Business Description

Traded in Other Exchanges
N/A
Address
No.125 Hsin-Tien 2nd Street, Hsin-Tien, Jeng-Teh, Tainan, TWN
Ta Chen Stainless Pipe Co Ltd is a Taiwan-based company that is primarily engaged in manufacturing and distributing of stainless steel, fasteners, steel strips, aluminum and nickel alloy coils, sheets, plates, long products, tubes, and PVFs. The company generates most of its sales from stainless steel products and fasteners. The company particularly specializes in manufacturing stainless tube and its accessories, which are used in petrochemical and food industries. Geographically, the company generates almost all of its revenue from the American market, where the company distributes its products through its warehouses in Los Angeles, Chicago, Houston, Atlanta, Florida, Philadelphia, Seattle, and Cleveland.

Ta Chen Stainless Pipe Co (TPE:2027) Headlines

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