Hunan Silver Co (SZSE:002716) COGS-to-Revenue : 0.99 (As of Mar. 2024)

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What is Hunan Silver Co COGS-to-Revenue?

Hunan Silver Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,569 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,588 Mil.

Hunan Silver Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.99.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hunan Silver Co's Gross Margin % for the three months ended in Mar. 2024 was 1.23%.

Hunan Silver Co COGS-to-Revenue Historical Data

The historical data trend for Hunan Silver 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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Hunan Silver Co COGS-to-Revenue Chart

Hunan Silver Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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1.11

1.38

0.93

1.00

0.98

Hunan Silver 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															0.96	0.94	0.97	1.03	0.99

Hunan Silver Co COGS-to-Revenue Calculation

Hunan Silver 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
	=	5050.973	/	5139.091
	=	0.98

Hunan Silver Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1568.826	/	1588.403
	=	0.99

Hunan Silver Co (SZSE:002716) COGS-to-Revenue Explanation

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

Hunan Silver 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	-	1568.826 / 1588.403
	=	1.23 %

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.

Hunan Silver Co COGS-to-Revenue Related Terms

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Hunan Silver Co (SZSE:002716) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hunan Silver Co Ltd (SZSE:002716) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 680, Nanling Avenue, Jingui Building, Beihu District, Hunan Province, Chenzhou, CHN

Website

http://www.jingui-silver.com

Chenzhou City Jingui Silver Industry Co Ltd is a Chinese company engaged in the production and operation of silver and deep processing of silver. The company has the silver smelting and deep processing technology through which it produces silver products and other metals. The company offers silver nitrate, tellurium, gold, indium, copper, bismuth, antimony ingot, zinc and lead ingots.

Executives

Liu Cheng Meng	Directors, executives
Meng Jian Yi	Executives
Cao Yong De	Directors, executives
Zhang Ping Xi	Directors, executives
Zhang Xiao Hui	Supervisors
Xu Jun	Director
Feng Yuan Fa	Supervisors
Ma Shui Rong	Supervisors
Xiong De Qiang	Executives
Chen Zhan Qi	Directors, executives
Cao Yong Gui	Director
Xie Zhao Feng	Executives
Tan Wen Qing	Independent director

Hunan Silver Co (SZSE:002716) Headlines

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