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China Shipbuilding Industry (SHSE:601989) COGS-to-Revenue : 0.87 (As of Mar. 2024)


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What is China Shipbuilding Industry COGS-to-Revenue?

China Shipbuilding Industry's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥8,836 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥10,167 Mil.

China Shipbuilding Industry'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. China Shipbuilding Industry's Gross Margin % for the three months ended in Mar. 2024 was 13.09%.

China Shipbuilding Industry COGS-to-Revenue Historical Data

The historical data trend for China Shipbuilding Industry'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.

China Shipbuilding Industry COGS-to-Revenue Chart

China Shipbuilding Industry 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 0.90 0.89 0.92 0.92 0.90

China Shipbuilding Industry 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 0.84 0.93 0.93 0.88 0.87

China Shipbuilding Industry COGS-to-Revenue Calculation

China Shipbuilding Industry's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=42116.693 / 46693.825
=0.90

China Shipbuilding Industry's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=8836.039 / 10167.089
=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.

China Shipbuilding Industry  (SHSE:601989) COGS-to-Revenue Explanation

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

China Shipbuilding Industry'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 - 8836.039 / 10167.089
=13.09 %

* 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.

China Shipbuilding Industry COGS-to-Revenue Related Terms

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China Shipbuilding Industry (SHSE:601989) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » China Shipbuilding Industry Corp (SHSE:601989) » Definitions » COGS-to-Revenue
Comparable Companies
SHSE:600893 SHSE:600150 SHSE:600760 SHSE:600372 SZSE:000768 SHSE:600118 SHSE:688297 SHSE:688563 SZSE:000738 SHSE:601866 RTX LMT BA XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX
Traded in Other Exchanges
N/A
Address
No. 72, Hunan Road, Kunming, Haidian District, Beijing, CHN, 100097
Website
http://www.csicl.com.cn
China Shipbuilding Industry Corp is engaged in the designing, manufacturing and repairing of ships. The company also manufactures marine defense and marine development equipment, marine transportation equipment, deep-sea equipment and ship repair and modification, ship supporting and electromechanical equipment, military-civilian integration strategy emerging industries. The main developer and supplier of domestic naval equipment is responsible for the manufacturing of naval main battle equipment and core ancillary equipment such as aircraft carriers, surface ships, conventional submarines, and underwater weapons.

China Shipbuilding Industry (SHSE:601989) Headlines

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