Guangdong Guangzhou Daily Media Co (SZSE:002181) COGS-to-Revenue : 0.74 (As of Mar. 2024)

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What is Guangdong Guangzhou Daily Media Co COGS-to-Revenue?

Guangdong Guangzhou Daily Media Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥81.6 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥110.6 Mil.

Guangdong Guangzhou Daily Media Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Guangdong Guangzhou Daily Media Co's Gross Margin % for the three months ended in Mar. 2024 was 26.26%.

Guangdong Guangzhou Daily Media Co COGS-to-Revenue Historical Data

The historical data trend for Guangdong Guangzhou Daily Media 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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Guangdong Guangzhou Daily Media Co COGS-to-Revenue Chart

Guangdong Guangzhou Daily Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.66

0.67

0.65

0.73

Guangdong Guangzhou Daily Media 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															0.71	0.77	0.78	0.67	0.74

Guangdong Guangzhou Daily Media Co COGS-to-Revenue Calculation

Guangdong Guangzhou Daily Media 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
	=	406.775	/	558.871
	=	0.73

Guangdong Guangzhou Daily Media Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	81.578	/	110.636
	=	0.74

Guangdong Guangzhou Daily Media Co (SZSE:002181) COGS-to-Revenue Explanation

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

Guangdong Guangzhou Daily Media 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	-	81.578 / 110.636
	=	26.26 %

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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Guangdong Guangzhou Daily Media Co (SZSE:002181) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Guangdong Guangzhou Daily Media Co Ltd (SZSE:002181) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Room 3001 Yuexiu Town Square, 437 Dongfeng Zhong Road, Guangzhou, CHN, 510030

Website

http://www.gdgzrb.com

Guangdong Guangzhou Daily Media Co Ltd is a newspaper media company. Its principal business involves advertising operations, distribution of logistics, newspapers and periodicals, printing and packaging and new media. In addition, the company is also involved in the field of cultural media industry investment.

Executives

Gu Jian Qing	Director
Zhu Zheng Fu	Independent director
Ceng Wei	Executives
Liu Qing Zhou	Supervisors

Guangdong Guangzhou Daily Media Co (SZSE:002181) Headlines

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