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Tao Heung Holdings (HKSE:00573) COGS-to-Revenue : 0.93 (As of Jun. 2024)


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What is Tao Heung Holdings COGS-to-Revenue?

Tao Heung Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$1,191 Mil. Its Revenue for the six months ended in Jun. 2024 was HK$1,286 Mil.

Tao Heung Holdings's COGS to Revenue for the six months ended in Jun. 2024 was 0.93.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tao Heung Holdings's Gross Margin % for the six months ended in Jun. 2024 was 7.39%.

Tao Heung Holdings COGS-to-Revenue Historical Data

The historical data trend for Tao Heung Holdings'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.

Tao Heung Holdings COGS-to-Revenue Chart

Tao Heung Holdings 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 0.87 0.99 0.92 1.00 0.89

Tao Heung Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.04 0.96 0.88 0.90 0.93

Tao Heung Holdings COGS-to-Revenue Calculation

Tao Heung Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2623.696 / 2949.362
=0.89

Tao Heung Holdings's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=1190.547 / 1285.575
=0.93

* 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.

Tao Heung Holdings  (HKSE:00573) COGS-to-Revenue Explanation

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

Tao Heung Holdings's Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 1190.547 / 1285.575
=7.39 %

* 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.

Tao Heung Holdings COGS-to-Revenue Related Terms

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Tao Heung Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tao Heung Holdings Ltd (HKSE:00573) » Definitions » COGS-to-Revenue
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HKSE:08300 HKSE:00156 HKSE:08371 HKSE:06811 HKSE:00226 HKSE:01978 HKSE:00126 HKSE:01181 HKSE:01314 HKSE:08213 MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN TSX:QSR DRI DPZ CAVA
Traded in Other Exchanges
BVI:Germany
Address
Number 18 Dai Fat Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Website
https://www.taoheung.com.hk
Tao Heung Holdings Ltd is a Hong Kong-based company engaged in the provision of food catering services through a chain of restaurants. It is also engaged in chilled and packaged food, bakery operations, production, sale and distribution of food products and other items related to restaurant operations and provision of poultry farm operations. Group operates restaurants under Tao heung, Tao Square, and Tai Cheong Bakery brands. The company operates businesses in Hong Kong and Mainland China of which Hong Kong accounts for a larger share of the company revenue.
Executives
Chung Wai Ping 2101 Beneficial owner
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