Inner Mongolia ERDOS Resources Co (SHSE:600295) COGS-to-Revenue : 0.84 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Inner Mongolia ERDOS Resources Co COGS-to-Revenue?

Inner Mongolia ERDOS Resources Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥5,630 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥6,701 Mil.

Inner Mongolia ERDOS Resources Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.84.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Inner Mongolia ERDOS Resources Co's Gross Margin % for the three months ended in Mar. 2024 was 15.98%.

Inner Mongolia ERDOS Resources Co COGS-to-Revenue Historical Data

The historical data trend for Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources Co COGS-to-Revenue Chart

Inner Mongolia ERDOS Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.71

0.72

0.65

0.71

0.77

Inner Mongolia ERDOS Resources 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															0.76	0.83	0.76	0.74	0.84

Inner Mongolia ERDOS Resources Co COGS-to-Revenue Calculation

Inner Mongolia ERDOS Resources 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
	=	23639.032	/	30553.63
	=	0.77

Inner Mongolia ERDOS Resources Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5629.841	/	6700.909
	=	0.84

Inner Mongolia ERDOS Resources Co (SHSE:600295) COGS-to-Revenue Explanation

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

Inner Mongolia ERDOS Resources 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	-	5629.841 / 6700.909
	=	15.98 %

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.

Inner Mongolia ERDOS Resources Co COGS-to-Revenue Related Terms

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

Inner Mongolia ERDOS Resources Co (SHSE:600295) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Inner Mongolia ERDOS Resources Co Ltd (SHSE:600295) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

900936:China

Address

No.1, Hantai Light Textile Street, Dongsheng District, Inner Mongolia Autonomous Region, Erdos City, CHN, 017000

Website

http://www.chinaerdos.com

Inner Mongolia ERDOS Resources Co Ltd operates in the textile and garment industry. The company is mainly engaged in the cashmere clothing production. In addition, the company is also engaged in coal mining, power generation, silicon ferroalloy, chlor-alkali chemicals, fertilizers, polysilicon and other products processing and sales. Its product range consists of a cashmere sweater and other cashmere products, ferrosilicon, Si-Mn alloy, coal, calcium carbide, and polyvinyl chloride resin.

Executives

Zhang Mei Rong	Director
Wang Zhen	Director
Zhang Yi Ling	Director

Inner Mongolia ERDOS Resources Co (SHSE:600295) Headlines

No Headlines