Vanov Holdings Co (HKSE:02260) COGS-to-Revenue : 0.44 (As of Dec. 2023)

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What is Vanov Holdings Co COGS-to-Revenue?

Vanov Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$73.3 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$165.0 Mil.

Vanov Holdings Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.44.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Vanov Holdings Co's Gross Margin % for the six months ended in Dec. 2023 was 55.58%.

Vanov Holdings Co COGS-to-Revenue Historical Data

The historical data trend for Vanov Holdings 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.

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Vanov Holdings Co COGS-to-Revenue Chart

Vanov Holdings Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.47

0.45

0.47

0.46

0.47

Vanov Holdings Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial					0.46	0.49	0.45	0.51	0.44

Vanov Holdings Co COGS-to-Revenue Calculation

Vanov Holdings 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
	=	121.279	/	259.63
	=	0.47

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	73.286	/	164.974
	=	0.44

Vanov Holdings Co (HKSE:02260) COGS-to-Revenue Explanation

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

Vanov Holdings 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	-	73.286 / 164.974
	=	55.58 %

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.

Vanov Holdings Co COGS-to-Revenue Related Terms

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Vanov Holdings Co (HKSE:02260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Vanov Holdings Co Ltd (HKSE:02260) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 519, Section 2, Xinhua Avenue, Chengdu Strait Science and Technology, Industry Development Park, Sichuan Province, Wenjiang District, Chengdu, CHN

Website

http://www.canov.cn

Vanov Holdings Co Ltd is an investment holding company and its subsidiaries are principally engaged in the design, manufacture and sales of papermaking felts. The company has its variety of products which includes Packaging papermaking felts, Specialty papermaking felts, Printing papermaking felts, Printing papermaking felts, Pulp papermaking felts. The company generates majority of its revenue from The PRC region.

Executives

Shen Genlian	2307 Founder of a discretionary trust who can infl
Vistra Trust (singapore) Pte. Limited	2301 Trustee
Zhou Jun	2202 Interest of your spouse
Perfect Angle Limited	2101 Beneficial owner
Wonderful Advisor Limited

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