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China Weaving Materials Holdings (HKSE:03778) COGS-to-Revenue : 0.96 (As of Jun. 2024)


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What is China Weaving Materials Holdings COGS-to-Revenue?

China Weaving Materials Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$595 Mil. Its Revenue for the six months ended in Jun. 2024 was HK$622 Mil.

China Weaving Materials Holdings's COGS to Revenue for the six months ended in Jun. 2024 was 0.96.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Weaving Materials Holdings's Gross Margin % for the six months ended in Jun. 2024 was 4.34%.


China Weaving Materials Holdings COGS-to-Revenue Historical Data

The historical data trend for China Weaving Materials 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 Weaving Materials Holdings COGS-to-Revenue Chart

China Weaving Materials 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 0.94 0.90 0.82 0.96 0.99

China Weaving Materials Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.87 1.04 0.98 1.00 0.96

China Weaving Materials Holdings COGS-to-Revenue Calculation

China Weaving Materials 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
=1198.543 / 1210.862
=0.99

China Weaving Materials Holdings's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=595.125 / 622.132
=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 Weaving Materials Holdings  (HKSE:03778) COGS-to-Revenue Explanation

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

China Weaving Materials Holdings's Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 595.125 / 622.132
=4.34 %

* 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.


China Weaving Materials Holdings COGS-to-Revenue Related Terms

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China Weaving Materials Holdings Business Description

Traded in Other Exchanges
N/A
Address
888 Lai Chi Kok Road, Unit B5, 22nd floor, NCB Innovation Centre, Kowloon, HKG
China Weaving Materials Holdings Ltd is an investment holding company. It is principally engaged in the business of manufacturing and trading of yarns products and related raw materials. The company operates in two segments: Yarns, which manufactures and trades yarns; and Staple fibers segment manufactures and trades polyester staple fibers. It generates maximum revenue from the Yarns segment. Geographically, it derives revenue from the PRC.
Executives
Zheng Yongxiang 2101 Beneficial owner

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