China Daye Non-Ferrous Metals Mining (HKSE:00661) COGS-to-Revenue : 0.96 (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is China Daye Non-Ferrous Metals Mining COGS-to-Revenue?

China Daye Non-Ferrous Metals Mining's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$24,756 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$25,831 Mil.

China Daye Non-Ferrous Metals Mining's COGS to Revenue for the six months ended in Dec. 2023 was 0.96.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Daye Non-Ferrous Metals Mining's Gross Margin % for the six months ended in Dec. 2023 was 4.16%.

China Daye Non-Ferrous Metals Mining COGS-to-Revenue Historical Data

The historical data trend for China Daye Non-Ferrous Metals Mining'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.

China Daye Non-Ferrous Metals Mining COGS-to-Revenue Chart

China Daye Non-Ferrous Metals Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.97

0.96

0.97

0.96

China Daye Non-Ferrous Metals Mining 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															0.96	0.98	0.95	0.96	0.96

China Daye Non-Ferrous Metals Mining COGS-to-Revenue Calculation

China Daye Non-Ferrous Metals Mining's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	47000.168	/	48984.584
	=	0.96

China Daye Non-Ferrous Metals Mining's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	24755.641	/	25831.331
	=	0.96

China Daye Non-Ferrous Metals Mining (HKSE:00661) COGS-to-Revenue Explanation

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

China Daye Non-Ferrous Metals Mining'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	-	24755.641 / 25831.331
	=	4.16 %

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.

China Daye Non-Ferrous Metals Mining COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of China Daye Non-Ferrous Metals Mining's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

China Daye Non-Ferrous Metals Mining (HKSE:00661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Daye Non-Ferrous Metals Mining Ltd (HKSE:00661) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1008 Tai Nan West Street, China United Plaza, Room 1, 11th Floor, Kowloon, Hong Kong, HKG

Website

http://www.hk661.com

China Daye Non-Ferrous Metals Mining Ltd is engaged in the mining and processing of mineral ores and trading of metal products in the PRC. The company's mining product portfolio consists of Copper cathodes, Other copper products, Gold and other gold products, Silver and other silver products, Iron ores, Sulphuric acid and sulphuric concentrate, and others, of which key revenue is generated from the sale of copper cathodes. The group has a business presence in the PRC, Hong Kong and The Republic of Mongolia. It derives a majority of the revenue from the PRC.

China Daye Non-Ferrous Metals Mining (HKSE:00661) Headlines

No Headlines