Hainan Airlines Holding Co (SHSE:600221) COGS-to-Revenue : 0.85 (As of Mar. 2024)

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What is Hainan Airlines Holding Co COGS-to-Revenue?

Hainan Airlines Holding Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥14,989 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥17,550 Mil.

Hainan Airlines Holding Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.85.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hainan Airlines Holding Co's Gross Margin % for the three months ended in Mar. 2024 was 14.59%.

Hainan Airlines Holding Co COGS-to-Revenue Historical Data

The historical data trend for Hainan Airlines Holding 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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Hainan Airlines Holding Co COGS-to-Revenue Chart

Hainan Airlines Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.93

1.41

1.26

1.51

0.90

Hainan Airlines Holding Co 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															0.96	0.84	0.79	1.06	0.85

Hainan Airlines Holding Co COGS-to-Revenue Calculation

Hainan Airlines Holding 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
	=	52492.961	/	58641.088
	=	0.90

Hainan Airlines Holding Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	14989.11	/	17549.904
	=	0.85

Hainan Airlines Holding Co (SHSE:600221) COGS-to-Revenue Explanation

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

Hainan Airlines Holding Co'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	-	14989.11 / 17549.904
	=	14.59 %

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.

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Hainan Airlines Holding Co (SHSE:600221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hainan Airlines Holding Co Ltd (SHSE:600221) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

900945:China

Address

No. 7 Guoxing Avenue, Hainan Airlines Building, Hainan Province, Haikou, CHN, 570203

Website

http://www.hnair.com

Hainan Airlines Holding Co Ltd is an airline company. The company is engaged in international and domestic air passenger and postal transport business. Its services include aviation travel, production of onboard supplies, aviation equipment, aviation ground equipment and spare parts, terminal service and operation; insurance, and agency service.

Executives

Yang Xin Ying	Supervisors
Xu Jun	Director
Gao Jian	senior management
Wu Xiao Xi	Director
Wang Xin Zhen	senior management

Hainan Airlines Holding Co (SHSE:600221) Headlines

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