Asia Cement (China) Holdings (HKSE:00743) COGS-to-Revenue : 0.87 (As of Dec. 2023)

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What is Asia Cement (China) Holdings COGS-to-Revenue?

Asia Cement (China) Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$1,626 Mil. Its Revenue for the three months ended in Dec. 2023 was HK$1,872 Mil.

Asia Cement (China) Holdings's COGS to Revenue for the three months ended in Dec. 2023 was 0.87.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Asia Cement (China) Holdings's Gross Margin % for the three months ended in Dec. 2023 was 13.12%.

Asia Cement (China) Holdings COGS-to-Revenue Historical Data

The historical data trend for Asia Cement (China) 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.

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Asia Cement (China) Holdings COGS-to-Revenue Chart

Asia Cement (China) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.58

0.69

0.87

0.86

Asia Cement (China) Holdings Quarterly Data
	Jun16	Sep16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.90	-	0.88	0.87	1.00

Asia Cement (China) Holdings COGS-to-Revenue Calculation

Asia Cement (China) 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
	=	6952.85	/	8123.507
	=	0.86

Asia Cement (China) Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1626.13	/	1871.719
	=	0.87

Asia Cement (China) Holdings (HKSE:00743) COGS-to-Revenue Explanation

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

Asia Cement (China) Holdings's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1626.13 / 1871.719
	=	13.12 %

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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Asia Cement (China) Holdings (HKSE:00743) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Asia Cement (China) Holdings Corp (HKSE:00743) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

4OJ:Germany

Address

No. 6 Yadong Avenue, Ma-Tou Town, Jiangxi Province, Ruichang, CHN, 332207

Website

http://www.achc.com.cn

Asia Cement (China) Holdings Corp is an investment holding company. The company operates through the Cement and Concrete business segments. Its products include cement, clinker, ready-mix concrete, and blast-furnace slag powder. It derives revenue from China. Its geographical segments include the Southeastern region, Central region, and Southwestern region.

Executives

Asia Cement Corporation
Far Eastern New Century Corporation

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