Silk Road Logistics Holdings (HKSE:00988) COGS-to-Revenue : 0.53 (As of Jun. 2023)

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What is Silk Road Logistics Holdings COGS-to-Revenue?

Silk Road Logistics Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$1.32 Mil. Its Revenue for the six months ended in Jun. 2023 was HK$2.47 Mil.

Silk Road Logistics Holdings's COGS to Revenue for the six months ended in Jun. 2023 was 0.53.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Silk Road Logistics Holdings's Gross Margin % for the six months ended in Jun. 2023 was 46.52%.

Silk Road Logistics Holdings COGS-to-Revenue Historical Data

The historical data trend for Silk Road Logistics 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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Silk Road Logistics Holdings COGS-to-Revenue Chart

Silk Road Logistics Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.99

0.95

0.59

0.28

0.95

Silk Road Logistics Holdings 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															0.64	0.20	0.37	0.53	0.97

Silk Road Logistics Holdings COGS-to-Revenue Calculation

Silk Road Logistics Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.078	/	7.449
	=	0.28

Silk Road Logistics Holdings's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.321	/	2.47
	=	0.53

Silk Road Logistics Holdings (HKSE:00988) COGS-to-Revenue Explanation

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

Silk Road Logistics Holdings's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1.321 / 2.47
	=	46.52 %

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.

Silk Road Logistics Holdings COGS-to-Revenue Related Terms

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Silk Road Logistics Holdings (HKSE:00988) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Silk Road Logistics Holdings Ltd (HKSE:00988) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

262 Gloucester Road, Room 1702, 17th Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.silkroadlogistics.com.hk

Silk Road Logistics Holdings Ltd is an Investment Holding company. It operates through three segments namely the Commodities trading segment which is engaged in the trading of commodities; the Oil segment which operates in the exploration and production of oil as well as the provision of well-drilling services; and the Logistics segment is involved in the provision of transportation and warehousing services. The company generates the majority of its revenue from the People's Republic of China.

Silk Road Logistics Holdings (HKSE:00988) Headlines

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