Ocean Line Port Development (HKSE:08502) COGS-to-Revenue : 0.33 (As of Dec. 2023)

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What is Ocean Line Port Development COGS-to-Revenue?

Ocean Line Port Development's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$12.8 Mil. Its Revenue for the three months ended in Dec. 2023 was HK$38.6 Mil.

Ocean Line Port Development's COGS to Revenue for the three months ended in Dec. 2023 was 0.33.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ocean Line Port Development's Gross Margin % for the three months ended in Dec. 2023 was 66.85%.

Ocean Line Port Development COGS-to-Revenue Historical Data

The historical data trend for Ocean Line Port Development'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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Ocean Line Port Development COGS-to-Revenue Chart

Ocean Line Port Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.45

0.44

0.41

0.39

0.36

Ocean Line Port Development Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.36	0.36	0.36	0.38	0.33

Ocean Line Port Development COGS-to-Revenue Calculation

Ocean Line Port Development's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	68.332	/	189.861
	=	0.36

Ocean Line Port Development's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	12.782	/	38.555
	=	0.33

Ocean Line Port Development (HKSE:08502) COGS-to-Revenue Explanation

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

Ocean Line Port Development'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	-	12.782 / 38.555
	=	66.85 %

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.

Ocean Line Port Development COGS-to-Revenue Related Terms

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Ocean Line Port Development (HKSE:08502) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ocean Line Port Development Ltd (HKSE:08502) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No.8 Yanjiang Avenue, Chizhou Economic Development Zone, Chizhou, Anhui, CHN

Website

http://www.oceanlineport.com

Ocean Line Port Development Ltd is engaged in the provision of port logistic services. Its business includes cargo handling and related supporting port services, including warehousing, short-haul land transportation, and other miscellaneous services. The company provides loading and unloading services for domestic and foreign trade, covering a wide range of cargo types, including bulk cargoes. Geographically, the group provides port services in China, and all its revenues are generated in China.

Executives

Vital Force Developments Limited	2101 Beneficial owner
Cheung Wai Fung	2101 Beneficial owner
Kwai Sze Hoi	2101 Beneficial owner

Ocean Line Port Development (HKSE:08502) Headlines

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