Hongli Zhihui Group Co (SZSE:300219) COGS-to-Revenue : 0.81 (As of Mar. 2024)

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What is Hongli Zhihui Group Co COGS-to-Revenue?

Hongli Zhihui Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥653 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥805 Mil.

Hongli Zhihui Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hongli Zhihui Group Co's Gross Margin % for the three months ended in Mar. 2024 was 18.87%.

Hongli Zhihui Group Co COGS-to-Revenue Historical Data

The historical data trend for Hongli Zhihui Group 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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Hongli Zhihui Group Co COGS-to-Revenue Chart

Hongli Zhihui Group Co Annual Data

Trend

Dec14

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.81

0.79

0.77

Hongli Zhihui Group 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															0.79	0.78	0.77	0.77	0.81

Hongli Zhihui Group Co COGS-to-Revenue Calculation

Hongli Zhihui Group 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
	=	2911.386	/	3759.358
	=	0.77

Hongli Zhihui Group Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	653.391	/	805.33
	=	0.81

Hongli Zhihui Group Co (SZSE:300219) COGS-to-Revenue Explanation

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

Hongli Zhihui Group 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	-	653.391 / 805.33
	=	18.87 %

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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Hongli Zhihui Group Co (SZSE:300219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hongli Zhihui Group Co Ltd (SZSE:300219) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

West Dongfeng Highway, Auto City Huadu, Guangzhou City, CHN, 510800

Website

http://www.honglitronic.com/cn/index.html

Hongli Zhihui Group Co Ltd is engaged in the production and development of SMD LEDs, COB LEDs, High Power LEDs, Automotive LEDs, UV LEDs, LAMP LEDs, and Infrared LEDs. Its products are widely used in applied in general lighting, TV backlight, 3C, automotive lighting, display and other fields.

Executives

Li Jun Dong	Directors, executives
Li Guo Ping	Director
Liu Xin Guo	Director
Jia He Chao	Directors, executives
Dong Jin Ling	Director
Deng Shou Tie	Directors, executives
Yong Xin	Supervisors
Sun Chang Yuan	Executives
Chen Shu Fen	Supervisors
Yang Yong Fa	Executives
Wang Yu Hong	Director
Lei Li Ning	Directors, executives
Shi Chao	Supervisors
Liu Yu Sheng	Executives

Hongli Zhihui Group Co (SZSE:300219) Headlines

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