Hwaxin Environmental Co (SZSE:301265) COGS-to-Revenue : 0.81 (As of Mar. 2024)

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What is Hwaxin Environmental Co COGS-to-Revenue?

Hwaxin Environmental Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥61.7 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥76.2 Mil.

Hwaxin Environmental Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hwaxin Environmental Co's Gross Margin % for the three months ended in Mar. 2024 was 19.11%.

Hwaxin Environmental Co COGS-to-Revenue Historical Data

The historical data trend for Hwaxin Environmental 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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Hwaxin Environmental Co COGS-to-Revenue Chart

Hwaxin Environmental Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.70

0.60

0.66

0.72

0.75

Hwaxin Environmental Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial													0.70	0.71	0.78	0.80	0.81

Hwaxin Environmental Co COGS-to-Revenue Calculation

Hwaxin Environmental 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
	=	546.297	/	730.028
	=	0.75

Hwaxin Environmental Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	61.667	/	76.231
	=	0.81

Hwaxin Environmental Co (SZSE:301265) COGS-to-Revenue Explanation

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

Hwaxin Environmental 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	-	61.667 / 76.231
	=	19.11 %

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.

Hwaxin Environmental Co COGS-to-Revenue Related Terms

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Hwaxin Environmental Co (SZSE:301265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hwaxin Environmental Co Ltd (SZSE:301265) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3-9, No. 4, Jingsheng North 1st Street, Jinqiao Science and Technology Industrial Base, Tongzhou Park, Zhongguancun Science and Technology, Tongzhou District, Beijing, CHN, 101102

Website

http://www.hxepd.com

Hwaxin Environmental Co Ltd is a high-tech environmental protection enterprise specializing in the recycling and disposal of solid waste. Its main business includes electronic waste dismantling, scrapped motor vehicle dismantling, waste electronic equipment recycling Utilization and disposal of hazardous waste and others.

Hwaxin Environmental Co (SZSE:301265) Headlines

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