Wing On Co International (HKSE:00289) COGS-to-Revenue : 0.38 (As of Dec. 2023)

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What is Wing On Co International COGS-to-Revenue?

Wing On Co International's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$198 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$525 Mil.

Wing On Co International's COGS to Revenue for the six months ended in Dec. 2023 was 0.38.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Wing On Co International's Gross Margin % for the six months ended in Dec. 2023 was 62.25%.

Wing On Co International COGS-to-Revenue Historical Data

The historical data trend for Wing On Co International'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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Wing On Co International COGS-to-Revenue Chart

Wing On Co International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.37

0.36

0.35

0.36

0.37

Wing On Co International 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															0.36	0.33	0.38	0.37	0.38

Wing On Co International COGS-to-Revenue Calculation

Wing On Co International's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	393.766	/	1056.194
	=	0.37

Wing On Co International's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	198.33	/	525.358
	=	0.38

Wing On Co International (HKSE:00289) COGS-to-Revenue Explanation

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

Wing On Co International'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	-	198.33 / 525.358
	=	62.25 %

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.

Wing On Co International COGS-to-Revenue Related Terms

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Wing On Co International (HKSE:00289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wing On Co International Ltd (HKSE:00289) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

211 Des Voeux Road Central, 7th Floor, Wing On Centre, Hong Kong, HKG

Website

https://www.wingon.hk

Wing On Co International Ltd operates department stores. It also invests in properties. The company has two segments namely, Department Stores and Property Investment. Department stores segment operates department stores in Hong Kong, while the Property Investment segment engages in leasing commercial premises to generate rental income. Its investment property portfolio is spread across Hong Kong, Australia, and the United States of America. The firm derives most of its revenues from department stores.

Executives

Kee Wai Investment Company (bvi) Limited	2201 Interest of corporation controlled by you
Wing On Corporate Management (bvi) Limited	2201 Interest of corporation controlled by you
Wing On International Holdings Limited	2201 Interest of corporation controlled by you

Wing On Co International (HKSE:00289) Headlines

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