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Suzhou Victory Precision Manufacture Co (SZSE:002426) COGS-to-Revenue : 0.85 (As of Mar. 2024)


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What is Suzhou Victory Precision Manufacture Co COGS-to-Revenue?

Suzhou Victory Precision Manufacture Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥703 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥824 Mil.

Suzhou Victory Precision Manufacture Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.85.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Suzhou Victory Precision Manufacture Co's Gross Margin % for the three months ended in Mar. 2024 was 14.63%.

Suzhou Victory Precision Manufacture Co COGS-to-Revenue Historical Data

The historical data trend for Suzhou Victory Precision Manufacture 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.

* Premium members only.

Suzhou Victory Precision Manufacture Co COGS-to-Revenue Chart

Suzhou Victory Precision Manufacture 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 0.92 0.85 0.88 0.91 0.95

Suzhou Victory Precision Manufacture 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 0.88 0.92 0.88 1.09 0.85

Suzhou Victory Precision Manufacture Co COGS-to-Revenue Calculation

Suzhou Victory Precision Manufacture 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
=3290.449 / 3451.618
=0.95

Suzhou Victory Precision Manufacture Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=703.366 / 823.894
=0.85

* 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.

Suzhou Victory Precision Manufacture Co  (SZSE:002426) COGS-to-Revenue Explanation

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

Suzhou Victory Precision Manufacture 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 - 703.366 / 823.894
=14.63 %

* 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.

Suzhou Victory Precision Manufacture Co COGS-to-Revenue Related Terms

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Suzhou Victory Precision Manufacture Co (SZSE:002426) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Victory Precision Manufacture Co Ltd (SZSE:002426) » Definitions » COGS-to-Revenue
Comparable Companies
SHSE:688190 SZSE:002855 SZSE:002965 SHSE:603308 SZSE:300185 SHSE:600058 SZSE:301307 SZSE:301180 SHSE:605123 SZSE:002514 ATI MLI XTER:TKA SHSE:688122 TPE:2474 ESAB SZSE:000039 XTER:NDA CRS WOR
Traded in Other Exchanges
N/A
Address
No 55 Xujing Road Xuguan, Industry Zone, Suzhou New District, Suzhou, CHN, 215151
Website
http://www.vicsz.com
Suzhou Victory Precision Manufacture Co Ltd is engaged in the business of manufacturing, designing, and selling precision mechanical parts. The products of the company are used in the television industry, notebook computers, and back covers.
Executives
Gao Yu Gen Directors, executives
Wu Jia Fu Directors, executives
Chen Xi Supervisors
Bao Yan Qing Directors, executives
Cao Hai Feng Directors, executives
Chen Xiao Ming Supervisors
Chen Yan Liang Director
Gao Xue Song Directors, executives
Xu Jia Jin Director
Rui Yan Nian Independent director
Zhang Hai Long Executives

Suzhou Victory Precision Manufacture Co (SZSE:002426) Headlines

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