Haier Smart Home Co (HKSE:06690) COGS-to-Revenue : 0.66 (As of Dec. 2023)

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

What is Haier Smart Home Co COGS-to-Revenue?

Haier Smart Home Co's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$45,296 Mil. Its Revenue for the three months ended in Dec. 2023 was HK$68,657 Mil.

Haier Smart Home Co's COGS to Revenue for the three months ended in Dec. 2023 was 0.66.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Haier Smart Home Co's Gross Margin % for the three months ended in Dec. 2023 was 34.03%.

Haier Smart Home Co COGS-to-Revenue Historical Data

The historical data trend for Haier Smart Home 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.

Haier Smart Home Co COGS-to-Revenue Chart

Haier Smart Home Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.70

0.69

0.68

Haier Smart Home Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.66	0.71	0.68	0.69	0.66

Haier Smart Home Co COGS-to-Revenue Calculation

Haier Smart Home 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
	=	195845.441	/	285944.189
	=	0.68

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	45295.562	/	68657.026
	=	0.66

Haier Smart Home Co (HKSE:06690) COGS-to-Revenue Explanation

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

Haier Smart Home Co's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	45295.562 / 68657.026
	=	34.03 %

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.

Haier Smart Home Co COGS-to-Revenue Related Terms

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

Haier Smart Home Co (HKSE:06690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Haier Smart Home Co Ltd (HKSE:06690) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

HSHCY:USA HRSHF:USA 690D:Germany 600690:China

Address

Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101

Website

https://smart-home.haier.com/cn

Haier Smart Home Co Ltd manufactures and distributes household electrical appliances. It offers products such as refrigerators, air conditioners, washing machine, microwave ovens, smoke exhausters, gas stoves, dishwashers, electrical water heaters and others under the brand name Haier, Casarte, Leader, AQUA and Fisher & Paykel. The company has three business segments namely China smart home business: Overseas home appliance and smart home business segment Other business segments. The products of the group are traded in mainland China and in other overseas markets including Hong Kong, Macau, and Taiwan.

Haier Smart Home Co (HKSE:06690) Headlines

No Headlines