Huidanitary Ware Co (SHSE:603385) COGS-to-Revenue : 0.71 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Huidanitary Ware Co COGS-to-Revenue?

Huidanitary Ware Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥491 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥689 Mil.

Huidanitary Ware Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.71.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Huidanitary Ware Co's Gross Margin % for the three months ended in Mar. 2024 was 28.64%.

Huidanitary Ware Co COGS-to-Revenue Historical Data

The historical data trend for Huidanitary Ware 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.

Huidanitary Ware Co COGS-to-Revenue Chart

Huidanitary Ware Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.67

0.69

0.72

0.75

Huidanitary Ware 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															0.74	0.76	0.71	0.77	0.71

Huidanitary Ware Co COGS-to-Revenue Calculation

Huidanitary Ware 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
	=	2690.215	/	3603.515
	=	0.75

Huidanitary Ware Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	491.384	/	688.589
	=	0.71

Huidanitary Ware Co (SHSE:603385) COGS-to-Revenue Explanation

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

Huidanitary Ware 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	-	491.384 / 688.589
	=	28.64 %

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.

Huidanitary Ware Co COGS-to-Revenue Related Terms

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

Huidanitary Ware Co (SHSE:603385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Huida Sanitary Ware Co Ltd (SHSE:603385) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Huida Road, Huida Ceramic World, Huanggezhuang Town, Fengnan District, Hebei Province, Tangshan City, CHN, 063307

Website

http://www.huidagroup.com

Huida Sanitary Ware Co Ltd is a Chinese company engaged in the production and sale of sanitary ceramics products, architectural ceramics, and sanitary ware sanitary ware accessories. It offers products such as sanitary wares, bath cabinets, wall tiles, the plastic fittings, washbasin, faucets, electronic products, the bathtub and the hardware fittings. The entity offers its products to the clients all over the world.

Executives

Wang Jia	Director
Zhang Chun Yu	Directors, senior managers
Yin Kang	Director
Wang Yan Qing	Director
Wang Yan Wei	Director
Wang Hui Wen	Director
Du Guo Feng	Director
Dong Hua Zhong	Director
Yang Chun	senior management

Huidanitary Ware Co (SHSE:603385) Headlines

No Headlines