Bortex Global (HKSE:08118) COGS-to-Revenue : 0.83 (As of Oct. 2023)

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What is Bortex Global COGS-to-Revenue?

Bortex Global's Cost of Goods Sold for the three months ended in Oct. 2023 was HK$1.65 Mil. Its Revenue for the three months ended in Oct. 2023 was HK$1.98 Mil.

Bortex Global's COGS to Revenue for the three months ended in Oct. 2023 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Bortex Global's Gross Margin % for the three months ended in Oct. 2023 was 16.74%.

Bortex Global COGS-to-Revenue Historical Data

The historical data trend for Bortex Global'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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Bortex Global COGS-to-Revenue Chart

Bortex Global Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

COGS-to-Revenue

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0.70

0.71

0.73

0.78

0.84

Bortex Global Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
COGS-to-Revenue	Get a 7-Day Free Trial															0.85	0.86	1.00	0.85	0.83

Bortex Global COGS-to-Revenue Calculation

Bortex Global's COGS to Revenue for the fiscal year that ended in Apr. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	59.412	/	70.562
	=	0.84

Bortex Global's COGS to Revenue for the quarter that ended in Oct. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.651	/	1.983
	=	0.83

Bortex Global (HKSE:08118) COGS-to-Revenue Explanation

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

Bortex Global's Gross Margin % for the three months ended in Oct. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1.651 / 1.983
	=	16.74 %

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.

Bortex Global COGS-to-Revenue Related Terms

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Bortex Global (HKSE:08118) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Bortex Global Ltd (HKSE:08118) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

58 Hung To Road, Room 29, 8th floor, Career and Kenson Industrial Mansion, Kowloon, Kwun Tong, Hong Kong, HKG

Website

http://www.bortex.com.cn

Bortex Global Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the designing, trading, and manufacturing of Light Emitting Diode(LED) lighting products. Its LEDs are bifurcated into LED decorative lighting and LED luminaire lighting, out of which the majority of the revenue is generated from the LED decorative lighting. Its geographical segments include Canada, the United States, PRC, Hong Kong, and others.

Executives

Real Charm Corp
Chung Yu Chun
Shiu Kwok Leung

Bortex Global (HKSE:08118) Headlines

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