Qinqin Foodstuffs Group (Cayman) Co (HKSE:01583) COGS-to-Revenue : 0.78 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Qinqin Foodstuffs Group (Cayman) Co COGS-to-Revenue?

Qinqin Foodstuffs Group (Cayman) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$350 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$451 Mil.

Qinqin Foodstuffs Group (Cayman) Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.78.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Qinqin Foodstuffs Group (Cayman) Co's Gross Margin % for the six months ended in Dec. 2023 was 22.48%.

Qinqin Foodstuffs Group (Cayman) Co COGS-to-Revenue Historical Data

The historical data trend for Qinqin Foodstuffs Group (Cayman) 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.

Qinqin Foodstuffs Group (Cayman) Co COGS-to-Revenue Chart

Qinqin Foodstuffs Group (Cayman) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.65

0.68

0.75

0.74

Qinqin Foodstuffs Group (Cayman) Co Semi-Annual Data
	Dec13	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															0.76	0.73	0.76	0.71	0.78

Qinqin Foodstuffs Group (Cayman) Co COGS-to-Revenue Calculation

Qinqin Foodstuffs Group (Cayman) 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
	=	790.49	/	1073.625
	=	0.74

Qinqin Foodstuffs Group (Cayman) Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	349.987	/	451.458
	=	0.78

Qinqin Foodstuffs Group (Cayman) Co (HKSE:01583) COGS-to-Revenue Explanation

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

Qinqin Foodstuffs Group (Cayman) 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	-	349.987 / 451.458
	=	22.48 %

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.

Qinqin Foodstuffs Group (Cayman) Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Qinqin Foodstuffs Group (Cayman) Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Qinqin Foodstuffs Group (Cayman) Co (HKSE:01583) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Qinqin Foodstuffs Group (Cayman) Co Ltd (HKSE:01583) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

QQFSF:USA

Address

Wuli Industrial Park, Fujian Province, Jinjiang City, CHN

Website

http://www.fjqinqin.com

Qinqin Foodstuffs Group (Cayman) Co Ltd, through its subsidiaries, is engaged in the manufacturing, distribution, and sale of food and snack products in China. It mainly operates its business through four segments, including Jelly products, Crackers and chips, Seasoning products, and Confectionery and other products. It generates a majority of its revenue from the Jelly products segment. Geographically, the firm generates a majority of its revenue from Mainland China.

Qinqin Foodstuffs Group (Cayman) Co (HKSE:01583) Headlines

No Headlines