GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MMG Ltd (HKSE:01208) » Definitions » COGS-to-Revenue

MMG (HKSE:01208) COGS-to-Revenue : 0.72 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is MMG COGS-to-Revenue?

MMG's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$13,741 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$19,136 Mil.

MMG's COGS to Revenue for the six months ended in Dec. 2023 was 0.72.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. MMG's Gross Margin % for the six months ended in Dec. 2023 was 28.20%.

MMG COGS-to-Revenue Historical Data

The historical data trend for MMG'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.

MMG COGS-to-Revenue Chart

MMG 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 0.69 0.70 0.48 0.62 0.74

MMG 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 0.48 0.66 0.59 0.77 0.72

MMG COGS-to-Revenue Calculation

MMG's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=25199.882 / 33945.296
=0.74

MMG's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=13740.562 / 19136.353
=0.72

* 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.

MMG  (HKSE:01208) COGS-to-Revenue Explanation

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

MMG'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 - 13740.562 / 19136.353
=28.20 %

* 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.

MMG COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of MMG's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

MMG (HKSE:01208) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MMG Ltd (HKSE:01208) » Definitions » COGS-to-Revenue
Comparable Companies
HKSE:01258 HKSE:02362 HKSE:00661 HKSE:00505 SCCO FCX LSE:ANTO LIM:CVERDEC1 TSX:FM SHSE:600362 TSX:LUN WAR:KGH SZSE:000630 TSX:CS BOM:513599 TSX:HBM ASX:SFR SZSE:000737 SZSE:002203 TSX:ERO
Traded in Other Exchanges
MMLTF:USA OMS1:Germany
Address
79 Chatham Road South, Unit 1208, 12th Floor, China Minmetals Tower, Tsimshatsui, Kowloon, Hong Kong, HKG
Website
https://www.mmg.com
MMG Ltd is engaged in the exploration, development, and mining of zinc, copper, gold, silver, and lead deposits around the world. The group has five reportable operating segments namely Dugald River, Kinsevere, Rosebery, Las Bambas, and others. Las Bambas mine is an open-pit, scalable, long-life copper and molybdenum mining operation; Kinsevere is an open-pit copper mining operation located in the Haut-Katanga Province; Dugald River mine is an underground zinc mining operation located near Cloncurry in North West Queensland; Rosebery is an underground polymetallic base metal mining operation located on Tasmania's west coast; and Other Includes corporate entities in the Group. The majority is from the Las Bambas segment. The key revenue by metal is derived from Copper.
Executives
Ai Bang Qi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Wu Kuang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Wu Kuang Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Wu Kuang Xiang Gang Kong Gu You Xian Gong Si 2101 Beneficial owner
Wu Kuang You Se Jin Shu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Wu Kuang You Se Jin Shu Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you

MMG (HKSE:01208) Headlines

No Headlines