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Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) COGS-to-Revenue : 0.70 (As of Dec. 2023)


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What is Tingyi (Cayman Islands) Holding COGS-to-Revenue?

Tingyi (Cayman Islands) Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was $3,853 Mil. Its Revenue for the six months ended in Dec. 2023 was $5,534 Mil.

Tingyi (Cayman Islands) Holding's COGS to Revenue for the six months ended in Dec. 2023 was 0.70.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tingyi (Cayman Islands) Holding's Gross Margin % for the six months ended in Dec. 2023 was 30.38%.


Tingyi (Cayman Islands) Holding COGS-to-Revenue Historical Data

The historical data trend for Tingyi (Cayman Islands) Holding'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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Tingyi (Cayman Islands) Holding COGS-to-Revenue Chart

Tingyi (Cayman Islands) Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.67 0.70 0.71 0.70

Tingyi (Cayman Islands) Holding 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.72 0.70 0.70 0.70

Tingyi (Cayman Islands) Holding COGS-to-Revenue Calculation

Tingyi (Cayman Islands) Holding's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=7836.053 / 11262.72
=0.70

Tingyi (Cayman Islands) Holding's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=3852.717 / 5533.545
=0.70

* 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.


Tingyi (Cayman Islands) Holding  (OTCPK:TCYMF) COGS-to-Revenue Explanation

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

Tingyi (Cayman Islands) Holding'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 - 3852.717 / 5533.545
=30.38 %

* 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.

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.


Tingyi (Cayman Islands) Holding COGS-to-Revenue Related Terms

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Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Business Description

Address
No. 1688, Wuzhong Road, Building A, Minhang District, Shanghai, CHN, 201103
Tingyi is a leading producer of instant noodles and RTD beverages in China, with its Master Kong brand being the most widely known. The company commenced its instant noodle business in the country in 1992 and expanded into beverages in 1996. In March 2012, Tingyi formed a strategic alliance with PepsiCo and became the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.

Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Headlines

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