GURUFOCUS.COM » STOCK LIST » Technology » Software » Leascend Technology Co Ltd (SZSE:300051) » Definitions » COGS-to-Revenue

Leascend Technology Co (SZSE:300051) COGS-to-Revenue : 0.92 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Leascend Technology Co COGS-to-Revenue?

Leascend Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥57.3 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥62.0 Mil.

Leascend Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.92.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Leascend Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 7.67%.


Leascend Technology Co COGS-to-Revenue Historical Data

The historical data trend for Leascend Technology 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.

Leascend Technology Co COGS-to-Revenue Chart

Leascend Technology 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 0.48 0.48 0.50 0.54 0.61

Leascend Technology 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 0.45 0.57 0.60 0.72 0.92

Leascend Technology Co COGS-to-Revenue Calculation

Leascend Technology 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
=150.349 / 244.945
=0.61

Leascend Technology Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=57.273 / 62.03
=0.92

* 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.


Leascend Technology Co  (SZSE:300051) COGS-to-Revenue Explanation

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

Leascend Technology 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 - 57.273 / 62.03
=7.67 %

* 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.


Leascend Technology Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Leascend Technology Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Leascend Technology Co (SZSE:300051) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Guanri Road, Phase II, Software Park, 1st Floor, Torch Hi-Tech Industrial Development Zone, Fujian province, Xiamen, CHN, 361008
Leascend Technology Co Ltd, formerly Xiamen 35.com Technology Co Ltd operates in the software service industry in China. It offers enterprise internet solutions, corporate communication solutions, mobile office solutions, and business management solutions. The company provides its clients with enterprise mailboxes, electronic commercial websites, domain registration, smart restaurants, 35 cloud attendance, cloud office bag, office automation systems, among others.
Executives
Zhang Wei Wei Executives
Tang Jing Lei Executives
Chen Tu Bao Supervisors
Yu Cheng Bin Supervisors
Zhang Xiao Chu Executives
Gong Shao Hui Directors, executives
Yang Xiao Liang Directors, Directors, and Executives
Zhang Mei Wen Directors, executives
Shen Wen Ce Director
Li Yun Fei Executives
Ceng Hua Qun Director

Leascend Technology Co (SZSE:300051) Headlines

No Headlines