Hwatsing Technology Co (SHSE:688120) COGS-to-Revenue : 0.52 (As of Mar. 2024)

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What is Hwatsing Technology Co COGS-to-Revenue?

Hwatsing Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥354 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥680 Mil.

Hwatsing Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.52.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hwatsing Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 47.92%.

Hwatsing Technology Co COGS-to-Revenue Historical Data

The historical data trend for Hwatsing Technology 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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Hwatsing Technology Co COGS-to-Revenue Chart

Hwatsing Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.69

0.62

0.55

0.52

0.54

Hwatsing Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial														0.53	0.54	0.53	0.55	0.52

Hwatsing Technology Co COGS-to-Revenue Calculation

Hwatsing Technology 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
	=	1353.9	/	2507.991
	=	0.54

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	354.242	/	680.249
	=	0.52

Hwatsing Technology Co (SHSE:688120) COGS-to-Revenue Explanation

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

Hwatsing Technology 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	-	354.242 / 680.249
	=	47.92 %

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.

Hwatsing Technology Co COGS-to-Revenue Related Terms

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Hwatsing Technology Co (SHSE:688120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hwatsing Technology Co Ltd (SHSE:688120) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 11 Juxing Road, Xianshuigu Town, Jinnan District, Tianjin, CHN, 300350

Website

http://www.hwatsing.com

Hwatsing Technology Co Ltd is engaged in research and development, production, sales and technical services of semiconductor special equipment.

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