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China ZhengTong Auto Services Holdings (HKSE:01728) COGS-to-Revenue : 0.97 (As of Dec. 2023)


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What is China ZhengTong Auto Services Holdings COGS-to-Revenue?

China ZhengTong Auto Services Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$12,517 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$12,931 Mil.

China ZhengTong Auto Services Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.97.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China ZhengTong Auto Services Holdings's Gross Margin % for the six months ended in Dec. 2023 was 3.20%.


China ZhengTong Auto Services Holdings COGS-to-Revenue Historical Data

The historical data trend for China ZhengTong Auto Services 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.

China ZhengTong Auto Services Holdings COGS-to-Revenue Chart

China ZhengTong Auto Services 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 0.90 1.31 0.94 0.93 0.96

China ZhengTong Auto Services 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 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 0.89 0.91 0.94 0.95 0.97

China ZhengTong Auto Services Holdings COGS-to-Revenue Calculation

China ZhengTong Auto Services 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
=25291.867 / 26395.045
=0.96

China ZhengTong Auto Services Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=12517.46 / 12931.102
=0.97

* 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 ZhengTong Auto Services Holdings  (HKSE:01728) COGS-to-Revenue Explanation

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

China ZhengTong Auto Services Holdings'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 - 12517.46 / 12931.102
=3.20 %

* 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 ZhengTong Auto Services Holdings (HKSE:01728) Business Description

Traded in Other Exchanges
Address
No. 59, West Third-Ring South Road, Baoze Plaza, Beijing, CHN
China ZhengTong Auto Services Holdings Ltd is a China-based investment holding company principally engaged in the sales of passenger motor vehicles, including luxury and ultra-luxury branded automobiles. The Company operates its business through four segments. The 4S Dealership Business segment is engaged in the sales of motor vehicles and motor spare parts and the provision of maintenance services. The Logistics Business segment is engaged in the provision of motor-related logistics services. The Lubricant Oil Business segment is engaged in the trading of lubricant oil. The Financial Services Business segment is engaged in the provision of financial services to auto customers and dealers.

China ZhengTong Auto Services Holdings (HKSE:01728) Headlines

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