Hubei Century Network Technology (SZSE:300494) COGS-to-Revenue : 0.81 (As of Mar. 2024)

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What is Hubei Century Network Technology COGS-to-Revenue?

Hubei Century Network Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥206 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥254 Mil.

Hubei Century Network Technology'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. Hubei Century Network Technology's Gross Margin % for the three months ended in Mar. 2024 was 18.64%.

Hubei Century Network Technology COGS-to-Revenue Historical Data

The historical data trend for Hubei Century Network Technology'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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Hubei Century Network Technology COGS-to-Revenue Chart

Hubei Century Network Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.71

0.75

0.76

0.73

Hubei Century Network Technology 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															0.73	0.70	0.72	0.78	0.81

Hubei Century Network Technology COGS-to-Revenue Calculation

Hubei Century Network Technology's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	964.771	/	1329.188
	=	0.73

Hubei Century Network Technology's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	206.26	/	253.521
	=	0.81

Hubei Century Network Technology (SZSE:300494) COGS-to-Revenue Explanation

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

Hubei Century Network Technology'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	-	206.26 / 253.521
	=	18.64 %

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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Hubei Century Network Technology (SZSE:300494) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hubei Century Network Technology Inc (SZSE:300494) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 77 Guanggu Avenue, 9-11 Floor, Building B7, Financial Port, Donghu New Technology Development Zone, Hubei, Wuhan, CHN, 430070

Website

http://www.stnts.com

Hubei Century Network Technology Co Ltd provides internet content and service aggregation platforms. Its products and services are network entertainment platforms, mobile internet, internet value-added products, and advertising business. It provides services to Internet cafes, the education sector, hotels, and other public Internet service sites.

Executives

Wang Jun Fang	Directors, executives
Cui Jian Ping	Director
Feng Wei	Directors, executives
Kuang Yao Hua	Directors, executives
Fu Shu Yong	Directors, executives
Chen Ai Bin	Directors, executives

Hubei Century Network Technology (SZSE:300494) Headlines

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