Cornerstone Technologies Holdings (HKSE:08391) COGS-to-Revenue : 0.77 (As of Dec. 2023)

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What is Cornerstone Technologies Holdings COGS-to-Revenue?

Cornerstone Technologies Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$20.1 Mil. Its Revenue for the three months ended in Dec. 2023 was HK$26.2 Mil.

Cornerstone Technologies Holdings's COGS to Revenue for the three months ended in Dec. 2023 was 0.77.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Cornerstone Technologies Holdings's Gross Margin % for the three months ended in Dec. 2023 was 23.42%.

Cornerstone Technologies Holdings COGS-to-Revenue Historical Data

The historical data trend for Cornerstone Technologies 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.

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Cornerstone Technologies Holdings COGS-to-Revenue Chart

Cornerstone Technologies Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.73

0.85

0.87

0.90

0.82

Cornerstone Technologies Holdings 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															0.97	1.13	0.73	0.85	0.77

Cornerstone Technologies Holdings COGS-to-Revenue Calculation

Cornerstone Technologies 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
	=	63.908	/	78.132
	=	0.82

Cornerstone Technologies Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	20.05	/	26.183
	=	0.77

Cornerstone Technologies Holdings (HKSE:08391) COGS-to-Revenue Explanation

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

Cornerstone Technologies Holdings'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	-	20.05 / 26.183
	=	23.42 %

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.

Cornerstone Technologies Holdings COGS-to-Revenue Related Terms

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Cornerstone Technologies Holdings (HKSE:08391) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Cornerstone Technologies Holdings Ltd (HKSE:08391) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Science Museum Road, Office Units 1107 - 11, 11th Floor, New East Ocean Centre, Kowloon - District, Hong Kong, HKG

Website

https://www.cstl.com.hk

Cornerstone Technologies Holdings Ltd is an investment holding company. It is a printing services provider which principally engages in the provisions of printing, typesetting and translation services in Hong Kong. The group is also engaged in supplying EV integrated charging solutions, including central management system, hub for e-payment, load management system and license plate recognition system to electric vehicle and smart parking. It derives prime revenue from the Printing business.

Executives

Wu Jianwei	2101 Beneficial owner
Liang Zihao	2101 Beneficial owner
Global Fortune Global Limited	2101 Beneficial owner
Tanner Enterprises Group Limited	2201 Interest of corporation controlled by you
Glorytwin Limited	2101 Beneficial owner
Wu Yanyan	2101 Beneficial owner
Li Man Keung Edwin	2201 Interest of corporation controlled by you
Gateway Capital (hong Kong) Limited	2102 Investment manager
Gaw Growth Equity Fund I Gp Limited	2201 Interest of corporation controlled by you
Abax Asian Structured Private Credit Fund 2022, Lp	2101 Beneficial owner
Abax Global Capital Gp 2022 Ltd.	2201 Interest of corporation controlled by you
Lau Wai Yan Lawson	2101 Beneficial owner

Cornerstone Technologies Holdings (HKSE:08391) Headlines

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