China Starch Holdings (HKSE:03838) COGS-to-Revenue : 0.94 (As of Dec. 2023)

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

What is China Starch Holdings COGS-to-Revenue?

China Starch Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$6,127 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$6,544 Mil.

China Starch Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.94.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Starch Holdings's Gross Margin % for the six months ended in Dec. 2023 was 6.37%.

China Starch Holdings COGS-to-Revenue Historical Data

The historical data trend for China Starch 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.

China Starch Holdings COGS-to-Revenue Chart

China Starch Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.95

0.94

0.92

0.90

0.95

China Starch 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															0.91	0.88	0.92	0.97	0.94

China Starch Holdings COGS-to-Revenue Calculation

China Starch 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
	=	12295.127	/	12903.894
	=	0.95

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6127.225	/	6544.31
	=	0.94

China Starch Holdings (HKSE:03838) COGS-to-Revenue Explanation

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

China Starch 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	-	6127.225 / 6544.31
	=	6.37 %

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.

China Starch Holdings COGS-to-Revenue Related Terms

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

China Starch Holdings (HKSE:03838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Starch Holdings Ltd (HKSE:03838) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

39 Gloucester Road, Harcourt House, Room 1101-1104, 11th Floor, Wanchai, Hong Kong, HKG

Website

http://www.chinastarch.com.hk

China Starch Holdings Ltd is an investment holding company. It is principally engaged in the manufacturing and sale of cornstarch, lysine, starch-based sweetener, modified starch and ancillary corn-based and corn-refined products. The company's segments are Upstream products which is engaged in the manufacture and sale of cornstarch and ancillary corn-refined products and Fermented and downstream products which is engaged in the manufacture and sale of lysine, starch-based sweetener, modified starch, and other products.

Executives

Merry Boom Group Limited
Tian Qixiang

China Starch Holdings (HKSE:03838) Headlines

No Headlines