Weigang Environmental Technology Holding Group (HKSE:01845) COGS-to-Revenue : 0.80 (As of Dec. 2023)

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What is Weigang Environmental Technology Holding Group COGS-to-Revenue?

Weigang Environmental Technology Holding Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$146.7 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$182.4 Mil.

Weigang Environmental Technology Holding Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Weigang Environmental Technology Holding Group's Gross Margin % for the six months ended in Dec. 2023 was 19.54%.

Weigang Environmental Technology Holding Group COGS-to-Revenue Historical Data

The historical data trend for Weigang Environmental Technology Holding Group'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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Weigang Environmental Technology Holding Group COGS-to-Revenue Chart

Weigang Environmental Technology Holding Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.73

0.85

0.86

0.82

0.76

Weigang Environmental Technology Holding Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial											0.84	0.86	0.75	0.68	0.80

Weigang Environmental Technology Holding Group COGS-to-Revenue Calculation

Weigang Environmental Technology Holding Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	210.797	/	277.218
	=	0.76

Weigang Environmental Technology Holding Group's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	146.72	/	182.352
	=	0.80

Weigang Environmental Technology Holding Group (HKSE:01845) COGS-to-Revenue Explanation

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

Weigang Environmental Technology Holding Group'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	-	146.72 / 182.352
	=	19.54 %

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.

Weigang Environmental Technology Holding Group COGS-to-Revenue Related Terms

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Weigang Environmental Technology Holding Group (HKSE:01845) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Weigang Environmental Technology Holding Group Ltd (HKSE:01845) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 181 Science Boulevard, 14-15 Floor, Block A4, Guangdong Province, Guangzhou, CHN

Website

http://www.gzweigang.com

Weigang Environmental Technology Holding Group Ltd is a comprehensive hazardous waste incineration turnkey solution provider in China. The company focuses on the research, design, integration, and commissioning of solid waste treatment systems, for hazardous waste incineration. It has registered patents and has pending registration in the PRC relating to hazardous waste incineration technologies and also owns registered software copyrights in the PRC relating to the monitoring and control of hazardous waste incineration systems. The operating segments of the group are hazardous waste incineration solutions, oilfield auxiliary services and thermal desorption of oil sludge, cement plant parallel kiln cotreatment services and pyrolysis solid waste treatment solutions.

Executives

Zhang Weiyang	2201 Interest of corporation controlled by you
Weigang Green Technology Limited	2201 Interest of corporation controlled by you
Weigang Technology Limited	2101 Beneficial owner
Zhou Wenying	2202 Interest of your spouse
Dhw Holdings Limited	2101 Beneficial owner
Cai Zhuhua	2201 Interest of corporation controlled by you
Huang Ying	2202 Interest of your spouse

Weigang Environmental Technology Holding Group (HKSE:01845) Headlines

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