GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Henan Mingtai Al Industrial Co Ltd (SHSE:601677) » Definitions » COGS-to-Revenue

Henan Mingtai Al Industrial Co (SHSE:601677) COGS-to-Revenue : 0.89 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Henan Mingtai Al Industrial Co COGS-to-Revenue?

Henan Mingtai Al Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥6,392 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥7,185 Mil.

Henan Mingtai Al Industrial Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Henan Mingtai Al Industrial Co's Gross Margin % for the three months ended in Mar. 2024 was 11.04%.

Henan Mingtai Al Industrial Co COGS-to-Revenue Historical Data

The historical data trend for Henan Mingtai Al Industrial 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.

* Premium members only.

Henan Mingtai Al Industrial Co COGS-to-Revenue Chart

Henan Mingtai Al Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.88 0.87 0.90 0.91

Henan Mingtai Al Industrial 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 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 0.88 0.89 0.89 0.96 0.89

Henan Mingtai Al Industrial Co COGS-to-Revenue Calculation

Henan Mingtai Al Industrial 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
=23942.044 / 26442.184
=0.91

Henan Mingtai Al Industrial Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=6392.28 / 7185.389
=0.89

* 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.

Henan Mingtai Al Industrial Co  (SHSE:601677) COGS-to-Revenue Explanation

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

Henan Mingtai Al Industrial 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 - 6392.28 / 7185.389
=11.04 %

* 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.

Henan Mingtai Al Industrial Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Henan Mingtai Al Industrial Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Henan Mingtai Al Industrial Co (SHSE:601677) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Henan Mingtai Al Industrial Co Ltd (SHSE:601677) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:300428 SZSE:002182 SHSE:600595 SHSE:603876 SHSE:601702 SZSE:002101 SHSE:600888 SZSE:002540 SHSE:600361 SZSE:000612 SHSE:601600 NSE:HINDALCO OSL:NHY HKSE:01378 XKLS:8869 BUE:ALUA SZSE:000807 MIC:RUAL SHSE:600219 AA
Traded in Other Exchanges
N/A
Address
Huiguo Town Development Zone, Henan Province, Gongyi, CHN, 451283
Website
http://hnmtybk.cnal.com/profile.shtml
Henan Mingtai Al Industrial Co Ltd is a China based aluminum processing enterprise. It is involved in the producing and selling aluminum products. The products offered by the company include CTP plate stock, PS plate stock, aluminum electrode capacitor foil, foil stock, deep-draw stock, brazing sheet, alloy sheet and plate, and others. The products are used in different industries such as automobile making, traffic and transportation, packaging and containers, buildings and decorations, electrical and electronic, printing, among others. The company has the business presence in China and other international countries.
Executives
Wang Li Jiao senior management
Lei Peng senior management
Hua Xin Min Director
Sun Jun Xun senior management
Sun Hui Peng Supervisors
Liu Jie Directors, senior managers
He Zhi Gang senior management
Du You Dong Director
Hao Ming Xia senior management
Li Hao Jie Supervisors
Lei Jing Guo Director
Ma Yue Ping Supervisors

Henan Mingtai Al Industrial Co (SHSE:601677) Headlines

No Headlines