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Ocean Star Technology Group (HKSE:08297) COGS-to-Revenue : 0.41 (As of Sep. 2024)


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What is Ocean Star Technology Group COGS-to-Revenue?

Ocean Star Technology Group's Cost of Goods Sold for the three months ended in Sep. 2024 was HK$2.43 Mil. Its Revenue for the three months ended in Sep. 2024 was HK$6.00 Mil.

Ocean Star Technology Group's COGS to Revenue for the three months ended in Sep. 2024 was 0.41.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ocean Star Technology Group's Gross Margin % for the three months ended in Sep. 2024 was 59.43%.


Ocean Star Technology Group COGS-to-Revenue Historical Data

The historical data trend for Ocean Star Technology Group'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.

Ocean Star Technology Group COGS-to-Revenue Chart

Ocean Star Technology Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.21 0.26 0.31 0.27

Ocean Star Technology Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 0.28 0.24 0.37 - 0.41

Ocean Star Technology Group COGS-to-Revenue Calculation

Ocean Star Technology Group's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=11.042 / 41.173
=0.27

Ocean Star Technology Group's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2.434 / 6
=0.41

* 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.


Ocean Star Technology Group  (HKSE:08297) COGS-to-Revenue Explanation

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

Ocean Star Technology Group's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 2.434 / 6
=59.43 %

* 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.


Ocean Star Technology Group COGS-to-Revenue Related Terms

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Ocean Star Technology Group Business Description

Traded in Other Exchanges
N/A
Address
6–8 Hung To Road, 1st Floor, Lok Kui Industrial Building, Kwun Tong, Kowloon, Hong Kong, HKG
Ocean Star Technology Group Ltd manufactures, develops, and designs women's lingerie. The company offers bras, bikinis, panties, and other related apparel. It has two segments namely Lingerie products and Others. The company earns maximum revenue from Hong Kong and has a presence in Macau and The PRC.
Executives
Capital Realm Financial Holdings Limited 2101 Beneficial owner
Global Succeed Group Limited 2101 Beneficial owner
Chan Lin So Alan 2201 Interest of corporation controlled by you
Yiu Koon Pong 2201 Interest of corporation controlled by you
Li Zhi 2201 Interest of corporation controlled by you

Ocean Star Technology Group Headlines

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