China High Speed Transmission Equipment Group Co (China High Speed Transmission Equipment Group Co) COGS-to-Revenue : 0.87 (As of Dec. 2023)

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What is China High Speed Transmission Equipment Group Co COGS-to-Revenue?

China High Speed Transmission Equipment Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,565 Mil. Its Revenue for the six months ended in Dec. 2023 was $1,795 Mil.

China High Speed Transmission Equipment Group Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.87.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China High Speed Transmission Equipment Group Co's Gross Margin % for the six months ended in Dec. 2023 was 12.81%.

China High Speed Transmission Equipment Group Co COGS-to-Revenue Historical Data

The historical data trend for China High Speed Transmission Equipment Group 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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China High Speed Transmission Equipment Group Co COGS-to-Revenue Chart

China High Speed Transmission Equipment Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.80

0.79

0.84

0.85

0.86

China High Speed Transmission Equipment Group Co 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															0.86	0.86	0.83	0.84	0.87

China High Speed Transmission Equipment Group Co COGS-to-Revenue Calculation

China High Speed Transmission Equipment Group 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
	=	2896.608	/	3372.055
	=	0.86

China High Speed Transmission Equipment Group Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1565.446	/	1795.405
	=	0.87

China High Speed Transmission Equipment Group Co (OTCPK:CHSTY) COGS-to-Revenue Explanation

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

China High Speed Transmission Equipment Group Co'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	-	1565.446 / 1795.405
	=	12.81 %

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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China High Speed Transmission Equipment Group Co (China High Speed Transmission Equipment Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China High Speed Transmission Equipment Group Co Ltd (OTCPK:CHSTY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

00658:Hong Kong BGR:Germany

Address

No. 30, Houjiao Road, Jiangning District, Nanjing, CHN

Website

https://www.chste.com

China High Speed Transmission Equipment Group Co Ltd is a China-based company that is engaged in researching, developing, designing, manufacturing, and distributing a wide range of mechanical transmission equipment. Its business portfolio includes Wind Energy Gearboxes; Rail Vehicle Gearboxes; Industrial Gearbox; and Robot Reducers. The company's segment includes Wind and industrial gear transmission equipment; Rail transportation gear transmission equipment segment; Trading business and Others.