Nanjing Railway New Technology Co (SZSE:301016) COGS-to-Revenue : 0.61 (As of Sep. 2024)

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What is Nanjing Railway New Technology Co COGS-to-Revenue?

Nanjing Railway New Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥53.9 Mil. Its Revenue for the three months ended in Sep. 2024 was ¥88.6 Mil.

Nanjing Railway New Technology Co's COGS to Revenue for the three months ended in Sep. 2024 was 0.61.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Nanjing Railway New Technology Co's Gross Margin % for the three months ended in Sep. 2024 was 39.20%.

Nanjing Railway New Technology Co COGS-to-Revenue Historical Data

The historical data trend for Nanjing Railway New 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.

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Nanjing Railway New Technology Co COGS-to-Revenue Chart

Nanjing Railway New Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.59

0.56

0.57

0.61

0.67

Nanjing Railway New Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial															0.64	0.69	0.54	0.58	0.61

Nanjing Railway New Technology Co COGS-to-Revenue Calculation

Nanjing Railway New 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
	=	232.444	/	347.614
	=	0.67

Nanjing Railway New Technology Co's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	53.868	/	88.605
	=	0.61

Nanjing Railway New Technology Co (SZSE:301016) COGS-to-Revenue Explanation

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

Nanjing Railway New Technology Co's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	53.868 / 88.605
	=	39.20 %

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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Nanjing Railway New Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nanjing Railway New Technology Co Ltd (SZSE:301016) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, Longtai Road, Jiangbei New District, Jiangsu Province, Nanjing, CHN, 210061

Website

http://www.njlew.com.cn

Nanjing Railway New Technology Co Ltd is engaged in the research and development and manufacturing of various types of rail vehicle body parts and bogie parts.

Executives

Ji Yi Gen

Director

Nanjing Railway New Technology Co Headlines

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