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COSCO SHIPPING Holdings Co (COSCO SHIPPING Holdings Co) COGS-to-Revenue : 0.81 (As of Mar. 2024)


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What is COSCO SHIPPING Holdings Co COGS-to-Revenue?

COSCO SHIPPING Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $5,403 Mil. Its Revenue for the three months ended in Mar. 2024 was $6,703 Mil.

COSCO SHIPPING Holdings 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. COSCO SHIPPING Holdings Co's Gross Margin % for the three months ended in Mar. 2024 was 19.39%.

COSCO SHIPPING Holdings Co COGS-to-Revenue Historical Data

The historical data trend for COSCO SHIPPING Holdings 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.

* Premium members only.

COSCO SHIPPING Holdings Co COGS-to-Revenue Chart

COSCO SHIPPING Holdings Co 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 0.90 0.86 0.58 0.56 0.84

COSCO SHIPPING Holdings 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 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 0.78 0.79 0.86 0.95 0.81

COSCO SHIPPING Holdings Co COGS-to-Revenue Calculation

COSCO SHIPPING Holdings 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
=20708.164 / 24571.825
=0.84

COSCO SHIPPING Holdings Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=5402.937 / 6702.765
=0.81

* 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.

COSCO SHIPPING Holdings Co  (OTCPK:CICOF) COGS-to-Revenue Explanation

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

COSCO SHIPPING Holdings 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 - 5402.937 / 6702.765
=19.39 %

* 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.

COSCO SHIPPING Holdings Co COGS-to-Revenue Related Terms

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COSCO SHIPPING Holdings Co (COSCO SHIPPING Holdings Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING Holdings Co Ltd (OTCPK:CICOF) » Definitions » COGS-to-Revenue
Comparable Companies
HKSE:01138 HKSE:00316 HKSE:06198 HKSE:01308 HKSE:00144 HKSE:03369 HKSE:01199 HKSE:02343 HKSE:00517 HKSE:03382 BOM:532921 XTER:HLAG OCSE:MAERSK B SHSE:600018 TSE:9101 TPE:2603 PHS:ICT TSE:9104 SHSE:601018 TSE:9107
Traded in Other Exchanges
CICOY:USA 01919:Hong Kong C6G0:Germany C6G:Germany C6G:Germany C6G:Germany 601919:China
Address
No. 658 Dong Da Ming Road, 8th Floor, Shanghai, CHN, 200080
Website
https://hold.coscoshipping.com
COSCO SHIPPING Holdings Co Ltd is an investment holding company. The company's operating segment includes the Container shipping business, Terminal business, and Corporate and other operations. It generates maximum revenue from the Container shipping business segment. Its geographical segments includes America, Europe, Asia Pacific, Mainland China, Other international market.

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