China Hi-Tech Group Co (SHSE:600730) COGS-to-Revenue : 0.39 (As of Dec. 2023)

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What is China Hi-Tech Group Co COGS-to-Revenue?

China Hi-Tech Group Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥11.7 Mil. Its Revenue for the three months ended in Dec. 2023 was ¥30.2 Mil.

China Hi-Tech Group Co's COGS to Revenue for the three months ended in Dec. 2023 was 0.39.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Hi-Tech Group Co's Gross Margin % for the three months ended in Dec. 2023 was 61.45%.

China Hi-Tech Group Co COGS-to-Revenue Historical Data

The historical data trend for China Hi-Tech 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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China Hi-Tech Group Co COGS-to-Revenue Chart

China Hi-Tech Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.25

0.11

0.18

0.32

0.26

China Hi-Tech Group Co 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															0.58	0.21	0.18	0.29	0.39

China Hi-Tech Group Co COGS-to-Revenue Calculation

China Hi-Tech 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
	=	32.047	/	123.178
	=	0.26

China Hi-Tech Group Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11.653	/	30.23
	=	0.39

China Hi-Tech Group Co (SHSE:600730) COGS-to-Revenue Explanation

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

China Hi-Tech Group Co'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	-	11.653 / 30.23
	=	61.45 %

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.

China Hi-Tech Group Co COGS-to-Revenue Related Terms

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China Hi-Tech Group Co (SHSE:600730) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Hi-Tech Group Co Ltd (SHSE:600730) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1122 Xinjinqiao Road, Fangzheng Building, 9-10F, Pudong, Shanghai, Shanghai, CHN, 201216

Website

http://www.chinahitech.com.cn

China Hi-Tech Group Co Ltd is engaged in the education sector. The company provides education and training services. The company is also involved in education investment and educational research.

China Hi-Tech Group Co (SHSE:600730) Headlines

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