United Strength Power Holdings (HKSE:02337) COGS-to-Revenue : 0.94 (As of Dec. 2023)

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What is United Strength Power Holdings COGS-to-Revenue?

United Strength Power Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$4,280 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$4,553 Mil.

United Strength Power Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.94.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. United Strength Power Holdings's Gross Margin % for the six months ended in Dec. 2023 was 6.00%.

United Strength Power Holdings COGS-to-Revenue Historical Data

The historical data trend for United Strength Power Holdings'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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United Strength Power Holdings COGS-to-Revenue Chart

United Strength Power Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.87

0.86

0.89

0.94

United Strength Power Holdings Semi-Annual Data
	Dec14	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												0.92	0.93	0.94	0.95	0.94

United Strength Power Holdings COGS-to-Revenue Calculation

United Strength Power Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7574.017	/	8035.879
	=	0.94

United Strength Power Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4280.172	/	4553.239
	=	0.94

United Strength Power Holdings (HKSE:02337) COGS-to-Revenue Explanation

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

United Strength Power Holdings'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	-	4280.172 / 4553.239
	=	6.00 %

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.

United Strength Power Holdings COGS-to-Revenue Related Terms

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United Strength Power Holdings (HKSE:02337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » United Strength Power Holdings Ltd (HKSE:02337) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 2101, Unit 1, Block 23, Zone G, Jilin Province, Solana 2, Erdao District, Changchun, CHN

Website

http://www.united-strength.com

United Strength Power Holdings Ltd operates a vehicle natural gas refueling station in the Jilin province of China. The company sells compressed natural gas, liquefied natural gas, and liquefied petroleum gas. It operates through three business segments namely, the Sale of refined oil, the Sale of natural gas, and the Provision of transportation services. The company generates maximum revenue from the sale of the refined oil segment.

United Strength Power Holdings (HKSE:02337) Headlines

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