Asia Standard Hotel Group (HKSE:00292) COGS-to-Revenue : 0.12 (As of Sep. 2023)

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What is Asia Standard Hotel Group COGS-to-Revenue?

Asia Standard Hotel Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$56.7 Mil. Its Revenue for the six months ended in Sep. 2023 was HK$474.3 Mil.

Asia Standard Hotel Group's COGS to Revenue for the six months ended in Sep. 2023 was 0.12.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Asia Standard Hotel Group's Gross Margin % for the six months ended in Sep. 2023 was 88.04%.

Asia Standard Hotel Group COGS-to-Revenue Historical Data

The historical data trend for Asia Standard Hotel Group'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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Asia Standard Hotel Group COGS-to-Revenue Chart

Asia Standard Hotel Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

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0.21

0.17

0.03

0.04

0.07

Asia Standard Hotel Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.03	0.05	0.07	0.07	0.12

Asia Standard Hotel Group COGS-to-Revenue Calculation

Asia Standard Hotel Group's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	64.078	/	926.653
	=	0.07

Asia Standard Hotel Group's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	56.702	/	474.263
	=	0.12

Asia Standard Hotel Group (HKSE:00292) COGS-to-Revenue Explanation

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

Asia Standard Hotel Group's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	56.702 / 474.263
	=	88.04 %

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.

Asia Standard Hotel Group COGS-to-Revenue Related Terms

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Asia Standard Hotel Group (HKSE:00292) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asia Standard Hotel Group Ltd (HKSE:00292) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG

Website

http://www.asiastandardhotelgroup.com

Asia Standard Hotel Group Ltd is a Hong Kong-based investment holding company principally engaged in hotel businesses. The segment in which the group operates includes Hotel Operation, Property development, Financial Investments, and Others. The hotel Operation segment of the company is engaged in hotel operations in Hong Kong and Canada; the Property development segment focuses on properties in Hong Kong and Canada; and the Financial Investments segment is engaged in the investment in financial instruments and earns maximum revenue for the company. The business activity of the company is operated in Hong Kong and Overseas.

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