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China Bester Group Telecom Co (SHSE:603220) COGS-to-Revenue : 0.83 (As of Mar. 2024)


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What is China Bester Group Telecom Co COGS-to-Revenue?

China Bester Group Telecom Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥604 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥729 Mil.

China Bester Group Telecom Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Bester Group Telecom Co's Gross Margin % for the three months ended in Mar. 2024 was 17.20%.

China Bester Group Telecom Co COGS-to-Revenue Historical Data

The historical data trend for China Bester Group Telecom 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.

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China Bester Group Telecom Co COGS-to-Revenue Chart

China Bester Group Telecom 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 0.80 0.85 0.80 0.83 0.84

China Bester Group Telecom 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 0.84 0.82 0.83 0.85 0.83

China Bester Group Telecom Co COGS-to-Revenue Calculation

China Bester Group Telecom 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
=2395.055 / 2861.835
=0.84

China Bester Group Telecom Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=603.976 / 729.408
=0.83

* 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 Bester Group Telecom Co  (SHSE:603220) COGS-to-Revenue Explanation

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

China Bester Group Telecom 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 - 603.976 / 729.408
=17.20 %

* 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 Bester Group Telecom Co COGS-to-Revenue Related Terms

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China Bester Group Telecom Co (SHSE:603220) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Bester Group Telecom Co Ltd (SHSE:603220) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
N/A
Address
No. 25, Jiangxing Road, Building C, Jianghan Economic Development Zone, Wuhan, Hubei, CHN, 430023
Website
http://www.whbester.com
China Bester Group Telecom Co Ltd formerly known as Wuhan Bester Group Telecom Co Ltd is specialized in communications network technology services. It is engaged in planning, design, construction, maintenance, and optimization of communications networks for telecom operators in China. It offers full-service information solutions for governments, industries and enterprises. Further it offers personalized information services to the public.
Executives
Feng Gang Director
Yu Shi Liang senior management
Li Yun Directors, senior managers
Li Liu Bing Directors, senior managers
Li Wei Jian senior management
Tang Hai Bin Supervisors
Wu Yan Qin Director
Rao You Gen senior management
Cheng De Song senior management

China Bester Group Telecom Co (SHSE:603220) Headlines

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