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China Vanadium Titano-Magnetite Mining Co (HKSE:00893) COGS-to-Revenue : 0.96 (As of Dec. 2023)


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What is China Vanadium Titano-Magnetite Mining Co COGS-to-Revenue?

China Vanadium Titano-Magnetite Mining Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$528.3 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$550.7 Mil.

China Vanadium Titano-Magnetite Mining Co'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 Vanadium Titano-Magnetite Mining Co's Gross Margin % for the six months ended in Dec. 2023 was 4.08%.


China Vanadium Titano-Magnetite Mining Co COGS-to-Revenue Historical Data

The historical data trend for China Vanadium Titano-Magnetite Mining 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.

China Vanadium Titano-Magnetite Mining Co COGS-to-Revenue Chart

China Vanadium Titano-Magnetite Mining 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 0.92 0.90 0.97 0.97 0.95

China Vanadium Titano-Magnetite Mining Co 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 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 0.97 0.97 0.96 0.94 0.96

China Vanadium Titano-Magnetite Mining Co COGS-to-Revenue Calculation

China Vanadium Titano-Magnetite Mining 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
=818.603 / 858.563
=0.95

China Vanadium Titano-Magnetite Mining Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=528.299 / 550.746
=0.96

* 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.


China Vanadium Titano-Magnetite Mining Co  (HKSE:00893) COGS-to-Revenue Explanation

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

China Vanadium Titano-Magnetite Mining Co'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 - 528.299 / 550.746
=4.08 %

* 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.


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China Vanadium Titano-Magnetite Mining Co (HKSE:00893) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, 31st Floor, Tower Two Times Square, Causeway Bay, Hong Kong, HKG
China Vanadium Titano-Magnetite Mining Co Ltd is engaged in mining and ore processing; sale of self-produced products; trading of steels; management of strategic investments; and rendering of specialized mining services. Its segments include the High-Fe Mining operation segment comprises the operation of the sale of self-produced high-grade iron concentrates within the range of 65% TFe to 72% TFe and the provision of consultancy and management services; the Trading segment comprises the operation of the sale of traded products; and the Corporate and others segment covers the nonoperating activities supporting the group which includes the central functions such as the functional costs that have not been allocated to the other segments.

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