Huawen Media Group (SZSE:000793) COGS-to-Revenue : 0.81 (As of Mar. 2024)

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What is Huawen Media Group COGS-to-Revenue?

Huawen Media Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥71.4 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥87.7 Mil.

Huawen Media Group's COGS to Revenue for the three months ended in Mar. 2024 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Huawen Media Group's Gross Margin % for the three months ended in Mar. 2024 was 18.62%.

Huawen Media Group COGS-to-Revenue Historical Data

The historical data trend for Huawen Media Group'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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Huawen Media Group COGS-to-Revenue Chart

Huawen Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.75

0.82

0.74

0.78

0.79

Huawen Media Group 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															0.82	0.77	0.82	0.75	0.81

Huawen Media Group COGS-to-Revenue Calculation

Huawen Media Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	446.516	/	566.616
	=	0.79

Huawen Media Group's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	71.39	/	87.719
	=	0.81

Huawen Media Group (SZSE:000793) COGS-to-Revenue Explanation

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

Huawen Media Group'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	-	71.39 / 87.719
	=	18.62 %

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.

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Huawen Media Group (SZSE:000793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huawen Media Group (SZSE:000793) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haidian, 4th East Road, Minsheng Building, Hainan Province, Haikou, CHN, 570208

Website

http://www.000793.com

Huawen Media Group operates in the media industry. Its business activities include financial media platforms, regional information media and related extension services, advertising consisting of radio advertising and building media.

Executives

Zhu Jin Ling	Director
Guo Quan Zhong	Independent director
Zhao Yong Tao	Supervisors
Yang Li	Director
Yin Bo Cheng	Director

Huawen Media Group (SZSE:000793) Headlines

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