CSSC (Hong Kong) Shipping Co (STU:3LL) COGS-to-Revenue : 0.09 (As of Dec. 2023)

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What is CSSC (Hong Kong) Shipping Co COGS-to-Revenue?

CSSC (Hong Kong) Shipping Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €20.4 Mil. Its Revenue for the six months ended in Dec. 2023 was €222.4 Mil.

CSSC (Hong Kong) Shipping Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.09.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CSSC (Hong Kong) Shipping Co's Gross Margin % for the six months ended in Dec. 2023 was 90.81%.

CSSC (Hong Kong) Shipping Co COGS-to-Revenue Historical Data

The historical data trend for CSSC (Hong Kong) Shipping 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.

* Premium members only.

CSSC (Hong Kong) Shipping Co COGS-to-Revenue Chart

CSSC (Hong Kong) Shipping Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.05

0.06

0.08

0.09

CSSC (Hong Kong) Shipping Co 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									0.09	0.10	0.09	0.08	0.09

CSSC (Hong Kong) Shipping Co COGS-to-Revenue Calculation

CSSC (Hong Kong) Shipping 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
	=	36.498	/	425.77
	=	0.09

CSSC (Hong Kong) Shipping Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	20.426	/	222.371
	=	0.09

CSSC (Hong Kong) Shipping Co (STU:3LL) COGS-to-Revenue Explanation

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

CSSC (Hong Kong) Shipping Co'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	-	20.426 / 222.371
	=	90.81 %

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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CSSC (Hong Kong) Shipping Co (STU:3LL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CSSC (Hong Kong) Shipping Co Ltd (STU:3LL) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

03877:Hong Kong 3LL:Germany

Address

19 Des Voeux Road Central, Room 1801, 18th Floor, World-wide House, Hong Kong, HKG

Website

https://www.csscshipping.cn

CSSC (Hong Kong) Shipping Co Ltd is a shipyard-affiliated leasing company in Greater China. As a player in the ship leasing industry, it offers customized ship leasing solutions that suit customers' different needs. The core business of the group is the provision of leasing services, which include finance leases and operating leases. It operates through the below segments: Leasing services, Shipbroking services, and Loan borrowings. The Leasing services segment that derives the majority of revenue provides Leasing services.

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