Hong Tai Electric Industrial Co (TPE:1612) COGS-to-Revenue : 0.84 (As of Mar. 2024)

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What is Hong Tai Electric Industrial Co COGS-to-Revenue?

Hong Tai Electric Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,225 Mil. Its Revenue for the three months ended in Mar. 2024 was NT$1,458 Mil.

Hong Tai Electric Industrial Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.84.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hong Tai Electric Industrial Co's Gross Margin % for the three months ended in Mar. 2024 was 15.99%.

Hong Tai Electric Industrial Co COGS-to-Revenue Historical Data

The historical data trend for Hong Tai Electric Industrial 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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Hong Tai Electric Industrial Co COGS-to-Revenue Chart

Hong Tai Electric Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.94

0.88

0.86

Hong Tai Electric Industrial 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															0.84	0.85	0.89	0.85	0.84

Hong Tai Electric Industrial Co COGS-to-Revenue Calculation

Hong Tai Electric Industrial 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
	=	5323.372	/	6195.025
	=	0.86

Hong Tai Electric Industrial Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1224.536	/	1457.667
	=	0.84

Hong Tai Electric Industrial Co (TPE:1612) COGS-to-Revenue Explanation

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

Hong Tai Electric Industrial 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	-	1224.536 / 1457.667
	=	15.99 %

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.

Hong Tai Electric Industrial Co COGS-to-Revenue Related Terms

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Hong Tai Electric Industrial Co (TPE:1612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hong Tai Electric Industrial Co Ltd (TPE:1612) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Guojian 1st Rd, Guanyin District, Taoyuan, TWN

Website

https://www.hong-tai.com.tw

Hong Tai Electric Industrial Co Ltd manufactures & distributes electric wires & cables. It provides cross-linked polyethylene power cables, communication wires & cables, copper-clad laminates, insulation materials, & photovoltaics among others. The Group is organized into business units based on their products and services and has three reportable operating departments as follows A Dept, B Dept, and other Operating Dept. The majority of revenue comes from B Dept.

Hong Tai Electric Industrial Co (TPE:1612) Headlines

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