Tai Hing Group Holdings (HKSE:06811) COGS-to-Revenue : 0.26 (As of Dec. 2023)

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What is Tai Hing Group Holdings COGS-to-Revenue?

Tai Hing Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$427 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$1,644 Mil.

Tai Hing Group Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.26.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tai Hing Group Holdings's Gross Margin % for the six months ended in Dec. 2023 was 74.00%.

Tai Hing Group Holdings COGS-to-Revenue Historical Data

The historical data trend for Tai Hing Group 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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Tai Hing Group Holdings COGS-to-Revenue Chart

Tai Hing Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.29

0.28

0.27

0.26

Tai Hing Group Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial									0.27	0.28	0.27	0.26	0.26

Tai Hing Group Holdings COGS-to-Revenue Calculation

Tai Hing Group 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
	=	842.637	/	3211.993
	=	0.26

Tai Hing Group Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	427.443	/	1643.8
	=	0.26

Tai Hing Group Holdings (HKSE:06811) COGS-to-Revenue Explanation

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

Tai Hing Group 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	-	427.443 / 1643.8
	=	74.00 %

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.

Tai Hing Group Holdings COGS-to-Revenue Related Terms

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Tai Hing Group Holdings (HKSE:06811) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tai Hing Group Holdings Ltd (HKSE:06811) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Hoi Wan Street, Quarry Bay, 13th Floor, Chinachem Exchange Square, Hong Kong, HKG

Website

https://www.taihing.com

Tai Hing Group Holdings Ltd is engaged in the management and operations of restaurants. The company's brand portfolio includes Hot Pot Couple, King Fong Bing Teng, and Asam Chicken Rice, which specialize in Taiwanese hotpots, sophisticated cha chaan teng cuisine, and Southeast Asian delights. Geographically, the firm has operational footprints in Hong Kong, Taiwan, Macau, and Mainland China.

Executives

Chan Wing On	2101 Beneficial owner
Leung Yi Ling	2202 Interest of your spouse
Jun Fa You Xian Gong Si	2101 Beneficial owner

Tai Hing Group Holdings (HKSE:06811) Headlines

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