Hengtong Optic-Electric Co (SHSE:600487) COGS-to-Revenue : 0.85 (As of Mar. 2024)

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What is Hengtong Optic-Electric Co COGS-to-Revenue?

Hengtong Optic-Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥10,012 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥11,785 Mil.

Hengtong Optic-Electric Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.85.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hengtong Optic-Electric Co's Gross Margin % for the three months ended in Mar. 2024 was 15.04%.

Hengtong Optic-Electric Co COGS-to-Revenue Historical Data

The historical data trend for Hengtong Optic-Electric Co'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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Hengtong Optic-Electric Co COGS-to-Revenue Chart

Hengtong Optic-Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.83

0.84

0.86

0.85

Hengtong Optic-Electric Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.84	0.82	0.83	0.90	0.85

Hengtong Optic-Electric Co COGS-to-Revenue Calculation

Hengtong Optic-Electric Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	40333.251	/	47621.743
	=	0.85

Hengtong Optic-Electric Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	10012.286	/	11784.839
	=	0.85

Hengtong Optic-Electric Co (SHSE:600487) COGS-to-Revenue Explanation

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

Hengtong Optic-Electric Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	10012.286 / 11784.839
	=	15.04 %

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.

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Hengtong Optic-Electric Co (SHSE:600487) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hengtong Optic-Electric Co Ltd (SHSE:600487) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

100 Hangheng Road, Wujiang Economic Development Zone, Jiangsu Province, Suzhou, CHN, 215200

Website

http://www.htgd.com.cn

Hengtong Optic-Electric Co Ltd provides fiber optic communication products in China and internationally. It offers optical rod, optical fiber, optical cable, optical device, an optical network, and ocean optical network products; data communication products; power transmission products; and ocean engineering, quantum security communications, and big data, as well as rail transit and smart city products.

Executives

Cui Gen Liang	Director
Zhu Qin Fang	Director
Mao Hui Su	Director

Hengtong Optic-Electric Co (SHSE:600487) Headlines

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