Hangzhou Alltest Biotech Co (SHSE:688606) COGS-to-Revenue : 0.50 (As of Mar. 2024)

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What is Hangzhou Alltest Biotech Co COGS-to-Revenue?

Hangzhou Alltest Biotech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥99.7 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥199.9 Mil.

Hangzhou Alltest Biotech Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.50.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hangzhou Alltest Biotech Co's Gross Margin % for the three months ended in Mar. 2024 was 50.13%.

Hangzhou Alltest Biotech Co COGS-to-Revenue Historical Data

The historical data trend for Hangzhou Alltest Biotech 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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Hangzhou Alltest Biotech Co COGS-to-Revenue Chart

Hangzhou Alltest Biotech Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.38

0.18

0.45

0.40

0.51

Hangzhou Alltest Biotech Co Quarterly Data
	Dec18	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															0.47	0.63	0.49	0.49	0.50

Hangzhou Alltest Biotech Co COGS-to-Revenue Calculation

Hangzhou Alltest Biotech 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
	=	386.541	/	754.697
	=	0.51

Hangzhou Alltest Biotech Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	99.702	/	199.921
	=	0.50

Hangzhou Alltest Biotech Co (SHSE:688606) COGS-to-Revenue Explanation

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

Hangzhou Alltest Biotech 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	-	99.702 / 199.921
	=	50.13 %

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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Hangzhou Alltest Biotech Co (SHSE:688606) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Hangzhou Alltest Biotech Co Ltd (SHSE:688606) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 550, Yinhai Street, Baiyang Street, Hangzhou Economic and Technological Development Zone, Building 3-5, Zhejiang Province, Hangzhou, CHN, 310018

Website

http://www.alltests.com.cn

Hangzhou Alltest Biotech Co Ltd is engaged in the research and development, production and sales of in vitro diagnostic reagents.

Executives

Fu Yan Ping	senior management
Lu Wei Ke	Directors, senior managers, core technical personn
Gao Fei	Directors, senior managers, core technical personn

Hangzhou Alltest Biotech Co (SHSE:688606) Headlines

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