Vesync Co (HKSE:02148) COGS-to-Revenue : 0.52 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Vesync Co COGS-to-Revenue?

Vesync Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,244 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$2,410 Mil.

Vesync Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.52.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Vesync Co's Gross Margin % for the six months ended in Dec. 2023 was 48.37%.

Vesync Co COGS-to-Revenue Historical Data

The historical data trend for Vesync 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.

Vesync Co COGS-to-Revenue Chart

Vesync Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.61

0.56

0.61

0.71

0.53

Vesync Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial							0.66	0.61	0.80	0.55	0.52

Vesync Co COGS-to-Revenue Calculation

Vesync 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
	=	2429.723	/	4572.513
	=	0.53

Vesync Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1244.085	/	2409.729
	=	0.52

Vesync Co (HKSE:02148) COGS-to-Revenue Explanation

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

Vesync 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	-	1244.085 / 2409.729
	=	48.37 %

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.

Vesync Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Vesync Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Vesync Co (HKSE:02148) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vesync Co Ltd (HKSE:02148) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Zhongshan Park Road, Room 402 and 501–502, Block F3, TCL International E City, Nanshan District, Guangdong Province, Shenzhen, CHN

Website

https://www.vesync.com

Vesync focuses on the online marketing and sale of self-designed and self-developed small home appliances and smart home devices. In 2022, more than 80% of sales were generated through Amazon. The company owns three core brands: Levoit for home environment appliances, Etekcity for smart home gadgets, health monitoring devices, outdoor recreation products, and personal-care products, and Cosori for kitchen and dining appliances.

Executives

Yang Hai
Yang Lin
Yang Yuzheng
Chen Shuyong
Li Jisu
Xu Bo
North Point Trust Company L.l.c.
Caerus Co., Ltd
Karis I Llc
Karis Ii Llc
Siempre Ptc Llc
Swcs Trust Limited	2301 Trustee
Hhlr Advisors, Ltd.	2102 Investment manager
Hhlr Fund, L.p.	2101 Beneficial owner

Vesync Co (HKSE:02148) Headlines

No Headlines