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Guangzhou Automobile Group Co (SHSE:601238) COGS-to-Revenue : 0.92 (As of Mar. 2024)


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What is Guangzhou Automobile Group Co COGS-to-Revenue?

Guangzhou Automobile Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥19,856 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥21,566 Mil.

Guangzhou Automobile Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.92.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Guangzhou Automobile Group Co's Gross Margin % for the three months ended in Mar. 2024 was 7.93%.

Guangzhou Automobile Group Co COGS-to-Revenue Historical Data

The historical data trend for Guangzhou Automobile Group 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.

Guangzhou Automobile Group Co COGS-to-Revenue Chart

Guangzhou Automobile Group 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 0.93 0.93 0.92 0.93 0.92

Guangzhou Automobile Group 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 0.96 0.94 0.90 0.92 0.92

Guangzhou Automobile Group Co COGS-to-Revenue Calculation

Guangzhou Automobile Group 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
=119949.603 / 129706.167
=0.92

Guangzhou Automobile Group Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=19855.977 / 21566.434
=0.92

* 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.

Guangzhou Automobile Group Co  (SHSE:601238) COGS-to-Revenue Explanation

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

Guangzhou Automobile Group 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 - 19855.977 / 21566.434
=7.93 %

* 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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Guangzhou Automobile Group Co (SHSE:601238) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Guangzhou Automobile Group Co Ltd (SHSE:601238) » Definitions » COGS-to-Revenue
Comparable Companies
SHSE:601127 SZSE:000800 SHSE:600418 SZSE:000625 SHSE:600733 SHSE:603529 SHSE:600166 SHSE:601965 SZSE:000980 SHSE:601777 TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 MIL:RACE TSE:7267 F
Traded in Other Exchanges
GNZUF:USA 02238:Hong Kong 02G:Germany
Address
18 Whitfield Road, Room 808, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Website
https://www.gac.com.cn
Guangzhou Automobile Group Co Ltd is a state-controlled producer of passenger vehicles, motorcycles, and auto parts. The company's activities are broadly classified into two segments; The vehicles and related operations segment include the production and sale of a variety of passenger vehicles, commercial vehicles, automotive parts, and related operations, and the Others segment includes mainly the production and sale of motorcycles, automobile finance, and insurance, other financing services, and investing businesses. The firm's operations are spread across Mainland China and Hong Kong. Its vehicles segment generates a majority of the revenues for the company. Geographically, it derives a majority of its revenue from Mainland China.
Executives
Chen Mao Shan Director
Ceng Qing Hong Director
Wang Dan senior management
Chen Han Jun senior management
Chen Xiao Mu Director
Sui Li senior management
Wu Song senior management
Feng Xing Ya Directors, senior managers
Li Shao senior management
Shi Lei Supervisors
Gao Rui senior management
Yan Zhuang Li senior management
Zhang Qing Song senior management
Qu Yong Jian senior management
Yuan Zhong Rong Director

Guangzhou Automobile Group Co (SHSE:601238) Headlines

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