China Telecom (SGX:K3ED) COGS-to-Revenue : 0.30 (As of Mar. 2024)

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What is China Telecom COGS-to-Revenue?

China Telecom's Cost of Goods Sold for the three months ended in Mar. 2024 was $5,603 Mil. Its Revenue for the three months ended in Mar. 2024 was $18,676 Mil.

China Telecom's COGS to Revenue for the three months ended in Mar. 2024 was 0.30.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Telecom's Gross Margin % for the three months ended in Mar. 2024 was 70.00%.

China Telecom COGS-to-Revenue Historical Data

The historical data trend for China Telecom'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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China Telecom COGS-to-Revenue Chart

China Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.36

0.37

0.40

0.42

0.31

China Telecom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															-	-	0.29	-	0.30

China Telecom COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	22465.898	/	71923.896
	=	0.31

China Telecom's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5603.217	/	18675.91
	=	0.30

China Telecom (SGX:K3ED) COGS-to-Revenue Explanation

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

China Telecom's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	5603.217 / 18675.91
	=	70.00 %

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 Telecom COGS-to-Revenue Related Terms

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China Telecom (SGX:K3ED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Telecom Corp Ltd (SGX:K3ED) » Definitions » COGS-to-Revenue

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00728:Hong Kong ZCH:Germany 601728:China

Address

31 Jinrong Street, Xicheng District, Beijing, CHN, 100033

Website

https://www.chinatelecom-h.com

China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 102 million fixed-line subscribers, 189 million broadband customers, and 406 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with a plan to have 560,000 cabinets by end 2023.

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