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Tianqi Lithium (HKSE:09696) COGS-to-Revenue : 0.23 (As of Dec. 2023)


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What is Tianqi Lithium COGS-to-Revenue?

Tianqi Lithium's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$1,790 Mil. Its Revenue for the three months ended in Dec. 2023 was HK$7,710 Mil.

Tianqi Lithium's COGS to Revenue for the three months ended in Dec. 2023 was 0.23.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tianqi Lithium's Gross Margin % for the three months ended in Dec. 2023 was 76.78%.

Tianqi Lithium COGS-to-Revenue Historical Data

The historical data trend for Tianqi Lithium'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.

* Premium members only.

Tianqi Lithium COGS-to-Revenue Chart

Tianqi Lithium Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
0.44 0.59 0.38 0.15 0.15

Tianqi Lithium Quarterly Data
Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 - 0.15 0.23 0.52

Tianqi Lithium COGS-to-Revenue Calculation

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

COGS to Revenue=Cost of Goods Sold / Revenue
=6672.581 / 44241.5
=0.15

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

COGS to Revenue=Cost of Goods Sold / Revenue
=1790.303 / 7710.197
=0.23

* 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.

Tianqi Lithium  (HKSE:09696) COGS-to-Revenue Explanation

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

Tianqi Lithium'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 - 1790.303 / 7710.197
=76.78 %

* 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.

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.

Tianqi Lithium COGS-to-Revenue Related Terms

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Tianqi Lithium (HKSE:09696) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tianqi Lithium Corp (HKSE:09696) » Definitions » COGS-to-Revenue
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HKSE:03993 HKSE:02245 HKSE:03939 HKSE:01205 HKSE:03833 HKSE:02237 HKSE:00769 HKSE:01029 HKSE:00166 HKSE:08095 ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
2220:Germany
Address
No. 10 East Gaopeng Road, Building 1, Hi-Tech Zone, Sichuan, Chengdu, CHN
Website
http://www.tianqilithium.com
Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.
Executives
Pacific Asset Management Co., Ltd. 2501 Other
Jiang Jinzhi 2201 Interest of corporation controlled by you
Morgan Stanley 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co.
Huatai Securities Co., Ltd.
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
Morgan Stanley Asia Holdings Limited 2201 Interest of corporation controlled by you
Jin Shan Xiang Gang Guo Ji Kuang Ye You Xian Gong Si 2101 Beneficial owner
Zi Jin Kuang Ye Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hwabao Trust Co., Ltd 2301 Trustee
China International Capital Corporation Hong Kong Securities Limited 2105 Underwriter
China International Capital Corporation (international) Limited 2201 Interest of corporation controlled by you
Morgan Stanley Hong Kong 1238 Limited 2201 Interest of corporation controlled by you
Morgan Stanley Asia Limited 2105 Underwriter
Lg Chem, Ltd. 2101 Beneficial owner

Tianqi Lithium (HKSE:09696) Headlines

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