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Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063) COGS-to-Revenue : 0.87 (As of Mar. 2024)


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What is Anhui Wanwei Updated High-Tech Material Industry Co COGS-to-Revenue?

Anhui Wanwei Updated High-Tech Material Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,564 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,797 Mil.

Anhui Wanwei Updated High-Tech Material Industry Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.87.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Anhui Wanwei Updated High-Tech Material Industry Co's Gross Margin % for the three months ended in Mar. 2024 was 12.97%.

Anhui Wanwei Updated High-Tech Material Industry Co COGS-to-Revenue Historical Data

The historical data trend for Anhui Wanwei Updated High-Tech Material Industry 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.

Anhui Wanwei Updated High-Tech Material Industry Co COGS-to-Revenue Chart

Anhui Wanwei Updated High-Tech Material Industry 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 0.78 0.82 0.75 0.75 0.87

Anhui Wanwei Updated High-Tech Material Industry 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 0.86 0.86 0.89 0.89 0.87

Anhui Wanwei Updated High-Tech Material Industry Co COGS-to-Revenue Calculation

Anhui Wanwei Updated High-Tech Material Industry 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
=7213.025 / 8262.607
=0.87

Anhui Wanwei Updated High-Tech Material Industry Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=1563.619 / 1796.624
=0.87

* 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.

Anhui Wanwei Updated High-Tech Material Industry Co  (SHSE:600063) COGS-to-Revenue Explanation

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

Anhui Wanwei Updated High-Tech Material Industry 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 - 1563.619 / 1796.624
=12.97 %

* 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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Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Anhui Wanwei Updated High-Tech Material Industry Co Ltd (SHSE:600063) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:002192 SHSE:600618 SHSE:605020 SZSE:002254 SHSE:600935 SZSE:002326 SHSE:688150 SHSE:600955 SHSE:600458 SHSE:603281 TSE:4063 SAU:2010 XTER:BAS DOW XKRX:051910 SHSE:600989 CE SZSE:002493 TSE:4091 XKLS:5183
Traded in Other Exchanges
N/A
Address
No. 56 Chao Wei Road, Chaohu, Anhui, CHN, 238002
Website
http://www.wwgf.com.cn
Anhui Wanwei Updated High-Tech Material Industry Co Ltd is a China-based company engaged in the development, production, and sales of polyvinyl alcohol and related products. Its main products include PVA, cement, PVA ultrashort fiber, slices, Vinyl Acetateethylene Emulsion (VAE) emulsion, rubber powder, methyl acetate and vinyl acetate, among others. The company distributes its products within domestic market and to overseas markets.
Executives
Gao Shen Bao Director
Xu Shou Qing senior management
Wu Shang Yi Director
Zhang Zheng He Director
Gao Shen Bao Director
Wu Fu Sheng Director
Wu Lin Director
Sha Jian Bao senior management
Li Tai senior management
Ji Xue Yong Director
Sheng Wei Lin Director
Tang Hua Zhang Director
Xu Ju Sheng Supervisors
Qian Dao Zhang Supervisors
Yang Ke Zhong Director

Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063) Headlines

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