Xinjiang Xinxin Mining Industry Co (HKSE:03833) COGS-to-Revenue : 0.76 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Xinjiang Xinxin Mining Industry Co COGS-to-Revenue?

Xinjiang Xinxin Mining Industry Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,074 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$1,407 Mil.

Xinjiang Xinxin Mining Industry Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Xinjiang Xinxin Mining Industry Co's Gross Margin % for the six months ended in Dec. 2023 was 23.68%.

Xinjiang Xinxin Mining Industry Co COGS-to-Revenue Historical Data

The historical data trend for Xinjiang Xinxin Mining Industry 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.

Xinjiang Xinxin Mining Industry Co COGS-to-Revenue Chart

Xinjiang Xinxin Mining Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.82

0.77

0.63

0.57

0.67

Xinjiang Xinxin Mining Industry Co 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															0.59	0.54	0.63	0.53	0.76

Xinjiang Xinxin Mining Industry Co COGS-to-Revenue Calculation

Xinjiang Xinxin Mining Industry 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
	=	1513.107	/	2242.068
	=	0.67

Xinjiang Xinxin Mining Industry Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1073.532	/	1406.701
	=	0.76

Xinjiang Xinxin Mining Industry Co (HKSE:03833) COGS-to-Revenue Explanation

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

Xinjiang Xinxin Mining Industry 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	-	1073.532 / 1406.701
	=	23.68 %

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.

Xinjiang Xinxin Mining Industry Co COGS-to-Revenue Related Terms

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

Xinjiang Xinxin Mining Industry Co (HKSE:03833) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xinjiang Xinxin Mining Industry Co Ltd (HKSE:03833) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

33X1:Germany

Address

Fusion South Road, No. 501, Cooperation Zone, Economic and Technological, Urumqi, Xinjiang, CHN

Website

http://kunlun.wsfg.hk

Xinjiang Xinxin Mining Industry Co Ltd is a nickel cathode producer. In addition to producing nickel cathode using nickel sulfide resources, the company is engaged in mining, ore processing, smelting and refining operations and sales of nickel, copper and other non-ferrous metals. Its product portfolio includes nickel cathode and copper cathode. It also produces Cobalt products, gold, silver, platinum, and palladium. The majority of the group's revenue is derived from sales of nickel, copper and other non-ferrous metal products in China.

Executives

Zi Jin Kuang Ye Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zi Jin Kuang Ye Ji Tuan Sha Men Tou Zi You Xian Gong Si	2101 Beneficial owner

Xinjiang Xinxin Mining Industry Co (HKSE:03833) Headlines

No Headlines