HY Energy Group Co (SHSE:600387) COGS-to-Revenue : 0.93 (As of Mar. 2024)

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What is HY Energy Group Co COGS-to-Revenue?

HY Energy Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥431 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥465 Mil.

HY Energy Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.93.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. HY Energy Group Co's Gross Margin % for the three months ended in Mar. 2024 was 7.30%.

HY Energy Group Co COGS-to-Revenue Historical Data

The historical data trend for HY Energy Group 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.

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HY Energy Group Co COGS-to-Revenue Chart

HY Energy Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.96

0.97

0.96

0.88

HY Energy Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.91	0.91	0.93	-0.32	0.93

HY Energy Group Co COGS-to-Revenue Calculation

HY Energy Group 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
	=	1862.349	/	2128.081
	=	0.88

HY Energy Group Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	430.728	/	464.65
	=	0.93

HY Energy Group Co (SHSE:600387) COGS-to-Revenue Explanation

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

HY Energy Group Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	430.728 / 464.65
	=	7.30 %

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.

HY Energy Group Co COGS-to-Revenue Related Terms

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HY Energy Group Co (SHSE:600387) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HY Energy Group Co Ltd (SHSE:600387) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 788, Danfeng Road, Haiyue Building, Binjiang District, Zhejiang, Hangzhou, CHN

Website

http://www.chinahaiyue.com

HY Energy Group Co Ltd is a comprehensive energy enterprise mainly engaged in the energy industry investment in China. It's business layout involves energy warehousing, energy trade, retail terminal, fine chemical, among others. It owns companies such as Northern Petroleum, Ningbo Haiyue and Haiyue Asset Management.

Executives

Ceng Jia	Director
Lu Xiao Jun	Supervisors
Wang Bin	Director
Zhou Yong	senior management
Wu Zhi Biao	senior management
Han Chao	Supervisors
Tan Zhen	senior management
Qiu Guo Liang	senior management
Cheng Zhi Wei	Director
He Tao	Supervisors
Zhang Pei Hua	senior management
Chen Xian Jun	senior management
Tu Jian Ping	Director
Fu Zhi Xiao	Director
Xu Ming	Director

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