GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Shanghai Petrochemical Co Ltd (OTCPK:SHIIY) » Definitions » COGS-to-Revenue

Sinopec Shanghai Petrochemical Co (Sinopec Shanghai Petrochemical Co) COGS-to-Revenue : 0.83 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Sinopec Shanghai Petrochemical Co COGS-to-Revenue?

Sinopec Shanghai Petrochemical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,463 Mil. Its Revenue for the three months ended in Mar. 2024 was $2,955 Mil.

Sinopec Shanghai Petrochemical 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. Sinopec Shanghai Petrochemical Co's Gross Margin % for the three months ended in Mar. 2024 was 16.65%.

Sinopec Shanghai Petrochemical Co COGS-to-Revenue Historical Data

The historical data trend for Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co COGS-to-Revenue Chart

Sinopec Shanghai Petrochemical 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 0.83 0.79 0.80 0.89 0.85

Sinopec Shanghai Petrochemical 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 0.85 0.87 0.82 0.87 0.83

Sinopec Shanghai Petrochemical Co COGS-to-Revenue Calculation

Sinopec Shanghai Petrochemical 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
=11086.226 / 13026.749
=0.85

Sinopec Shanghai Petrochemical Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2463.302 / 2955.254
=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.

Sinopec Shanghai Petrochemical Co  (OTCPK:SHIIY) COGS-to-Revenue Explanation

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

Sinopec Shanghai Petrochemical 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 - 2463.302 / 2955.254
=16.65 %

* 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.

Sinopec Shanghai Petrochemical Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Sinopec Shanghai Petrochemical Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Sinopec Shanghai Petrochemical Co (Sinopec Shanghai Petrochemical Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Shanghai Petrochemical Co Ltd (OTCPK:SHIIY) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:000096 SHSE:603906 SHSE:603003 SZSE:000159 SZSE:000554 SZSE:000407 SZSE:300839 SHSE:600387 SZSE:002778 NSE:RELIANCE MPC PSX VLO NSE:IOC TPE:6505 OHEL:NESTE XKAZ:KMGZ BOM:500547 TSE:5020 IST:TUPRS
Traded in Other Exchanges
SPTJF:USA 00338:Hong Kong SGJH:Germany SGJH:Germany 600688:China
Address
No. 48 Jinyi Road, Jinshan District, Shanghai, CHN, 200540
Website
http://www.sinopec.com
Sinopec Shanghai Petrochemical Co Ltd is a Chinese petrochemical company. The company's operating segment includes Synthetic fibers; Resins and plastics; Intermediate petrochemicals; Petroleum products; Trading of petrochemical products and Others. It generates maximum revenue from the Petroleum products segment. The petroleum products segment is equipped with crude oil refinery facilities used to produce qualified refined gasoline, fuel, diesel oil, heavy oil and liquefied petroleum gas, and provide raw materials for the group's downstream petrochemical processing facilities.