Hengxin Technology (HKSE:01085) COGS-to-Revenue : 0.81 (As of Dec. 2023)

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What is Hengxin Technology COGS-to-Revenue?

Hengxin Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,051 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$1,299 Mil.

Hengxin Technology's COGS to Revenue for the six months ended in Dec. 2023 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hengxin Technology's Gross Margin % for the six months ended in Dec. 2023 was 19.11%.

Hengxin Technology COGS-to-Revenue Historical Data

The historical data trend for Hengxin Technology'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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Hengxin Technology COGS-to-Revenue Chart

Hengxin Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.76

0.77

0.82

0.81

Hengxin Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.83	0.83	0.80	0.81	0.81

Hengxin Technology COGS-to-Revenue Calculation

Hengxin Technology's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1991.996	/	2467.459
	=	0.81

Hengxin Technology's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1050.516	/	1298.657
	=	0.81

Hengxin Technology (HKSE:01085) COGS-to-Revenue Explanation

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

Hengxin Technology's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1050.516 / 1298.657
	=	19.11 %

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.

Hengxin Technology COGS-to-Revenue Related Terms

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Hengxin Technology (HKSE:01085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hengxin Technology Ltd (HKSE:01085) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Tampines Central 1, No. 06-05 Tampines Plaza 2, Singapore, SGP, 529541

Website

https://www.hengxin.com.sg

Hengxin Technology Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing of radio frequency (RF) coaxial cable series for mobile communications. It operates in the segments of Radiofrequency coaxial cables, Telecommunication and accessories, and Antennas. Its product portfolio includes RF coaxial cable series for mobile communications, coaxial cables for telecommunications equipment and accessories, and other products which include high-temperature-resistant cables and antennas. It derives a majority of its revenue from the sale of Radiofrequency coaxial cables.

Executives

Kingever Enterprises Limited	2101 Beneficial owner
Cui Wei	2201 Interest of corporation controlled by you

Hengxin Technology (HKSE:01085) Headlines

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