Xiamen Itg Group (SHSE:600755) COGS-to-Revenue : 0.98 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Xiamen Itg Group COGS-to-Revenue?

Xiamen Itg Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥95,243 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥96,880 Mil.

Xiamen Itg Group's COGS to Revenue for the three months ended in Mar. 2024 was 0.98.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Xiamen Itg Group's Gross Margin % for the three months ended in Mar. 2024 was 1.69%.

Xiamen Itg Group COGS-to-Revenue Historical Data

The historical data trend for Xiamen Itg Group'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.

Xiamen Itg Group COGS-to-Revenue Chart

Xiamen Itg Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.97

0.98

0.99

Xiamen Itg Group 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															0.98	0.99	0.99	0.98	0.98

Xiamen Itg Group COGS-to-Revenue Calculation

Xiamen Itg Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	461834.643	/	468246.879
	=	0.99

Xiamen Itg Group's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	95242.996	/	96879.845
	=	0.98

Xiamen Itg Group (SHSE:600755) COGS-to-Revenue Explanation

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

Xiamen Itg Group'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	-	95242.996 / 96879.845
	=	1.69 %

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.

Xiamen Itg Group COGS-to-Revenue Related Terms

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

Xiamen Itg Group (SHSE:600755) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Xiamen Itg Group Corp Ltd (SHSE:600755) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hubin South Road, 8-18th International Trade Building, Fujian, Xiamen, CHN, 361004

Website

http://www.itg.com.cn

Xiamen Itg Group Corp Ltd is engaged in trading a variety of commodities like iron ores, other minerals, coal, steel, paper, textile, chemical products, farm produce, ships, tire, wood, and many others. It is also engaged in the real estate sector.

Executives

Cai Ying Bin	senior management
Fan Dan	senior management
Gao Shao Yong	Director
Wu Yun Xuan	Directors, senior managers
Zhu Da Xin	senior management
Wang Yong Qing	senior management
Yu Li Jie	senior management
Wang Xiao Feng	senior management
Ceng Yuan	senior management
Lu Zheng Jian	senior management
Xu Xiao Xi	Director
Bo Shu Ya	senior management
Xu Qiu Qin	Supervisors
Lin Chen Liang	Director

Xiamen Itg Group (SHSE:600755) Headlines

No Headlines