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Hong Kong and China Gas Co (Hong Kong and China Gas Co) COGS-to-Revenue : 0.61 (As of Dec. 2023)


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What is Hong Kong and China Gas Co COGS-to-Revenue?

Hong Kong and China Gas Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,164 Mil. Its Revenue for the six months ended in Dec. 2023 was $3,559 Mil.

Hong Kong and China Gas Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.61.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hong Kong and China Gas Co's Gross Margin % for the six months ended in Dec. 2023 was 39.19%.

Hong Kong and China Gas Co COGS-to-Revenue Historical Data

The historical data trend for Hong Kong and China Gas 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.

Hong Kong and China Gas Co COGS-to-Revenue Chart

Hong Kong and China Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.54 0.61 0.64 0.61

Hong Kong and China Gas Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.65 0.64 0.62 0.61

Hong Kong and China Gas Co COGS-to-Revenue Calculation

Hong Kong and China Gas 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
=4481.037 / 7294.822
=0.61

Hong Kong and China Gas Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2164.166 / 3558.798
=0.61

* 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.

Hong Kong and China Gas Co  (OTCPK:HOKCY) COGS-to-Revenue Explanation

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

Hong Kong and China Gas 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 - 2164.166 / 3558.798
=39.19 %

* 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.

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.

Hong Kong and China Gas Co COGS-to-Revenue Related Terms

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Hong Kong and China Gas Co (Hong Kong and China Gas Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hong Kong and China Gas Co Ltd (OTCPK:HOKCY) » Definitions » COGS-to-Revenue
Comparable Companies
HKSE:02688 HKSE:01193 HKSE:00384 HKSE:03633 HKSE:01083 HKSE:01600 HKSE:02886 HKSE:06828 HKSE:09908 HKSE:01940 XMAD:NTGY ATO MIL:SRG BOM:532155 NI BOM:542066 TSE:9531 TSE:9532 XKLS:6033 ASX:APA
Traded in Other Exchanges
HOKCF:USA 00003:Hong Kong HCG:Germany
Address
363 Java Road, 23rd Floor, North Point, Hong Kong, HKG
Website
http://www.towngas.com
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. In the mainland, the company has a gas distribution business with 267 projects across 26 provinces. HKCG is also investing in water, upstream gas, and new energies. The business mix is approximately 90% gas utilities and 10% new energy. HKCG also holds a 15.8% stake in International Financial Center, a Grade A office building in the Hong Kong central business district.

Hong Kong and China Gas Co (Hong Kong and China Gas Co) Headlines

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