Hello Group (LTS:0K2P) COGS-to-Revenue : 0.59 (As of Dec. 2023)

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What is Hello Group COGS-to-Revenue?

Hello Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $248 Mil. Its Revenue for the three months ended in Dec. 2023 was $421 Mil.

Hello Group's COGS to Revenue for the three months ended in Dec. 2023 was 0.59.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hello Group's Gross Margin % for the three months ended in Dec. 2023 was 41.05%.

Hello Group COGS-to-Revenue Historical Data

The historical data trend for Hello 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.

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Hello Group COGS-to-Revenue Chart

Hello Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.50

0.53

0.58

0.59

Hello Group 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															0.60	0.59	0.58	0.58	0.59

Hello Group COGS-to-Revenue Calculation

Hello Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	983.922	/	1680.951
	=	0.59

Hello Group's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	247.909	/	420.567
	=	0.59

Hello Group (LTS:0K2P) COGS-to-Revenue Explanation

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

Hello Group'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	-	247.909 / 420.567
	=	41.05 %

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.

Hello Group COGS-to-Revenue Related Terms

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Hello Group (LTS:0K2P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hello Group Inc (LTS:0K2P) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

MOMO:USA 1MO:Germany

Address

No. 1 Futongdong Street, 20th Floor, Block B, Tower 2, Wangjing SOHO, Chaoyang District, Beijing, CHN, 100102

Website

https://www.hellogroup.com

Hello Group Inc provides mobile-based social networking services. It enables users to establish and expand social relationships based on location and interests. Its platform includes the Momo mobile application and a variety of related features, functionalities, tools, and services that it provides to users, customers, and platform partners. The company derives its revenue from live video services, value-added services, mobile marketing services, mobile games, and other services. It operates in three segments: Momo's service lines, Tantan's service lines, and QOOL's service lines out of which Momo's service lines segment derives the majority of revenue.

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