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Qinchuan Machine Tool & Tool Group Share Co (SZSE:000837) COGS-to-Revenue : 0.83 (As of Mar. 2024)


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What is Qinchuan Machine Tool & Tool Group Share Co COGS-to-Revenue?

Qinchuan Machine Tool & Tool Group Share Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥816 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥981 Mil.

Qinchuan Machine Tool & Tool Group Share 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. Qinchuan Machine Tool & Tool Group Share Co's Gross Margin % for the three months ended in Mar. 2024 was 16.78%.

Qinchuan Machine Tool & Tool Group Share Co COGS-to-Revenue Historical Data

The historical data trend for Qinchuan Machine Tool & Tool Group Share 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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Qinchuan Machine Tool & Tool Group Share Co COGS-to-Revenue Chart

Qinchuan Machine Tool & Tool Group Share 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 0.85 0.80 0.81 0.81 0.82

Qinchuan Machine Tool & Tool Group Share 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 0.81 0.82 0.83 0.83 0.83

Qinchuan Machine Tool & Tool Group Share Co COGS-to-Revenue Calculation

Qinchuan Machine Tool & Tool Group Share 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
=3092.735 / 3761.103
=0.82

Qinchuan Machine Tool & Tool Group Share Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=816.368 / 980.972
=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.

Qinchuan Machine Tool & Tool Group Share Co  (SZSE:000837) COGS-to-Revenue Explanation

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

Qinchuan Machine Tool & Tool Group Share 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 - 816.368 / 980.972
=16.78 %

* 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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Qinchuan Machine Tool & Tool Group Share Co (SZSE:000837) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qinchuan Machine Tool & Tool Group Share Co Ltd (SZSE:000837) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:000821 SZSE:002073 BJSE:872808 SHSE:603075 SHSE:600783 SHSE:605555 SZSE:000922 SHSE:603063 SHSE:688400 SZSE:301260 XTER:SIE XPAR:SU ETN OSTO:ATCO A ITW PH EMR XKRX:373220 AME OTIS
Traded in Other Exchanges
N/A
Address
No. 22 Jiangtan Road, Shanxi, Baoji, CHN, 721009
Website
http://www.qinchuan.com
Qinchuan Machine Tool & Tool Group Share Co Ltd is mainly engaged in the production and sales of metal cutting machine tools, plastic processing machinery and related equipment and raw materials in China. It offers CNC machine tools, gear and gearboxes, plastics machinery, and precision casting products.
Executives
Zhao Jia Bao Executives
Hu Hong Directors, executives
Tian Sha Executives
Hang Bao Jun Executives
Si Guan Lin Executives
Guo Bao An Executives
Long Xing Yuan Directors, executives
Fu Lin Xing Directors, executives
Song Geng Tian Supervisors
Liu Wan Chao Directors, executives
Li Qiang Director
Wang La Xiang Supervisors
Mao Feng Executives
Zhang Yi Supervisors
Wu Kang Executives

Qinchuan Machine Tool & Tool Group Share Co (SZSE:000837) Headlines

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