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Arts Optical International Holdings (HKSE:01120) COGS-to-Revenue : 0.68 (As of Dec. 2023)


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What is Arts Optical International Holdings COGS-to-Revenue?

Arts Optical International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$430 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$630 Mil.

Arts Optical International Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.68.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Arts Optical International Holdings's Gross Margin % for the six months ended in Dec. 2023 was 31.72%.

Arts Optical International Holdings COGS-to-Revenue Historical Data

The historical data trend for Arts Optical International Holdings'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.

Arts Optical International Holdings COGS-to-Revenue Chart

Arts Optical International Holdings 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 0.83 0.78 0.74 0.73 0.69

Arts Optical International Holdings 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 0.73 0.72 0.73 0.70 0.68

Arts Optical International Holdings COGS-to-Revenue Calculation

Arts Optical International Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=825.32 / 1196.309
=0.69

Arts Optical International Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=430.093 / 629.855
=0.68

* 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.

Arts Optical International Holdings  (HKSE:01120) COGS-to-Revenue Explanation

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

Arts Optical International Holdings'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 - 430.093 / 629.855
=31.72 %

* 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.

Arts Optical International Holdings COGS-to-Revenue Related Terms

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Arts Optical International Holdings (HKSE:01120) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Arts Optical International Holdings Ltd (HKSE:01120) » Definitions » COGS-to-Revenue
Comparable Companies
HKSE:01406 HKSE:01947 HKSE:01134 HKSE:08513 HKSE:00876 HKSE:00907 HKSE:01358 ISRG XPAR:EL BDX TSE:7741 XSWX:ALC RMD OCSE:COLO B WST TSE:4543 XSWX:STMN XPAR:DIM BAX HOLX
Traded in Other Exchanges
N/A
Address
55 King Yip Street, King Palace Plaza, Units A to G, 32nd Floor, Kwun Tong, Kowloon, Hong Kong, HKG
Website
https://www.artsgroup.com
Arts Optical International Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in the manufacturing and trading of prescription frames, sunglasses and optical lens as well as property holding. It operates in three divisions: Original design manufacturing, Distribution. and Lens division. The group is organized into four segments, which are sales of optical products to customers located in Europe, the United States, Asia, and other regions, of which the majority of the revenue is generated from Europe.
Executives
Ng Hoi Ying, Michael 2202 Interest of your spouse
Wu Zhihong 2101 Beneficial owner
Ng Kim Ying
Webb David Michael 2201 Interest of corporation controlled by you
Fmr Llc 2201 Interest of corporation controlled by you
Ratagan International Company Limited 2101 Beneficial owner
Hsbc International Trustee Limited 2301 Trustee

Arts Optical International Holdings (HKSE:01120) Headlines

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