Hubei Energy Group Co (SZSE:000883) COGS-to-Revenue : 0.72 (As of Mar. 2024)

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What is Hubei Energy Group Co COGS-to-Revenue?

Hubei Energy Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,727 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥5,206 Mil.

Hubei Energy Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.72.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hubei Energy Group Co's Gross Margin % for the three months ended in Mar. 2024 was 28.41%.

Hubei Energy Group Co COGS-to-Revenue Historical Data

The historical data trend for Hubei Energy 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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Hubei Energy Group Co COGS-to-Revenue Chart

Hubei Energy Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.80

0.73

0.83

0.86

0.80

Hubei Energy Group 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															0.84	0.76	0.77	0.84	0.72

Hubei Energy Group Co COGS-to-Revenue Calculation

Hubei Energy 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
	=	14920.401	/	18668.673
	=	0.80

Hubei Energy Group Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3726.503	/	5205.537
	=	0.72

Hubei Energy Group Co (SZSE:000883) COGS-to-Revenue Explanation

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

Hubei Energy Group 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	-	3726.503 / 5205.537
	=	28.41 %

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.

Hubei Energy Group Co COGS-to-Revenue Related Terms

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Hubei Energy Group Co (SZSE:000883) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hubei Energy Group Co Ltd (SZSE:000883) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 356 Wuluo Road, Wuchang District, Wuhan, Hubei, CHN, 430070

Website

http://www.hbny.com.cn

Hubei Energy Group Co Ltd is an energy company in China. The companies business segments include hydropower, thermal power, nuclear power, new energy, natural gas, coal, and finance.

Executives

Li Shao Ping	Supervisors
Zhang Guo Yong	Executives
Jin Biao	Executives
Cheng Tao	Executives
Zhou Jiang	Directors, executives
Liu Cheng Li	Supervisors
Li Chang Cai	Executives
Xiao Hong Jiang	Director
Zhang Xue Gui	Executives
Sun Gui Ping	Executives
Deng Yu Min	Directors, executives
Jia Shu Guang	Executives
Yuan Hong Liang	Supervisors
Tan Hui	Supervisors
Wu Jun	Director

Hubei Energy Group Co (SZSE:000883) Headlines

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