China Unicom (Hong Kong) (China Unicom (Hong Kong)) COGS-to-Revenue : 0.29 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is China Unicom (Hong Kong) COGS-to-Revenue?

China Unicom (Hong Kong)'s Cost of Goods Sold for the three months ended in Dec. 2023 was $3,725 Mil. Its Revenue for the three months ended in Dec. 2023 was $12,731 Mil.

China Unicom (Hong Kong)'s COGS to Revenue for the three months ended in Dec. 2023 was 0.29.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Unicom (Hong Kong)'s Gross Margin % for the three months ended in Dec. 2023 was 70.74%.

China Unicom (Hong Kong) COGS-to-Revenue Historical Data

The historical data trend for China Unicom (Hong Kong)'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.

China Unicom (Hong Kong) COGS-to-Revenue Chart

China Unicom (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.29

0.28

0.30

0.29

0.30

China Unicom (Hong Kong) Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.35	-	0.28	0.29	0.29

China Unicom (Hong Kong) COGS-to-Revenue Calculation

China Unicom (Hong Kong)'s COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	15444.105	/	52182.992
	=	0.30

China Unicom (Hong Kong)'s COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3724.826	/	12731.296
	=	0.29

China Unicom (Hong Kong) (NYSE:CHU) COGS-to-Revenue Explanation

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

China Unicom (Hong Kong)'s Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	3724.826 / 12731.296
	=	70.74 %

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.

China Unicom (Hong Kong) COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of China Unicom (Hong Kong)'s COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

China Unicom (Hong Kong) (China Unicom (Hong Kong)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Unicom (Hong Kong) Ltd (NYSE:CHU) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

00762:Hong Kong XCI:Germany

Address

99 Queen's Road, 75th Floor, The Center, Central, Hong Kong, HKG

Website

https://www.chinaunicom.com.hk

China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.