Guizhou Zhenhua E-chem (SHSE:688707) COGS-to-Revenue : 1.14 (As of Mar. 2024)

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What is Guizhou Zhenhua E-chem COGS-to-Revenue?

Guizhou Zhenhua E-chem's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥726 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥636 Mil.

Guizhou Zhenhua E-chem's COGS to Revenue for the three months ended in Mar. 2024 was 1.14.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Guizhou Zhenhua E-chem's Gross Margin % for the three months ended in Mar. 2024 was -14.07%.

Guizhou Zhenhua E-chem COGS-to-Revenue Historical Data

The historical data trend for Guizhou Zhenhua E-chem'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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Guizhou Zhenhua E-chem COGS-to-Revenue Chart

Guizhou Zhenhua E-chem Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.89

0.94

0.85

0.86

0.93

Guizhou Zhenhua E-chem Quarterly Data
	Dec17	Dec18	Dec19	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														0.90	1.06	0.91	0.91	1.14

Guizhou Zhenhua E-chem COGS-to-Revenue Calculation

Guizhou Zhenhua E-chem's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6409.942	/	6875.737
	=	0.93

Guizhou Zhenhua E-chem's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	725.901	/	636.345
	=	1.14

Guizhou Zhenhua E-chem (SHSE:688707) COGS-to-Revenue Explanation

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

Guizhou Zhenhua E-chem'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	-	725.901 / 636.345
	=	-14.07 %

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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Guizhou Zhenhua E-chem (SHSE:688707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guizhou Zhenhua E-chem Inc (SHSE:688707) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 1, Gaokua Road, Baiyun District, Guizhou Province, Guiyang, CHN, 550016

Website

http://www.zh-echem.com

Guizhou Zhenhua E-chem Inc is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries.

Executives

Zhou Chao Yi	Core technical personnel
Xiang Qian Xin	Directors, senior managers, core technical personn
Li Lu	Core technical personnel

Guizhou Zhenhua E-chem (SHSE:688707) Headlines

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