Lanzhou Huanghe Enterprise Co (SZSE:000929) COGS-to-Revenue : 0.89 (As of Mar. 2024)

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What is Lanzhou Huanghe Enterprise Co COGS-to-Revenue?

Lanzhou Huanghe Enterprise Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥48.0 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥53.9 Mil.

Lanzhou Huanghe Enterprise 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. Lanzhou Huanghe Enterprise Co's Gross Margin % for the three months ended in Mar. 2024 was 10.81%.

Lanzhou Huanghe Enterprise Co COGS-to-Revenue Historical Data

The historical data trend for Lanzhou Huanghe Enterprise 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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Lanzhou Huanghe Enterprise Co COGS-to-Revenue Chart

Lanzhou Huanghe Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.74

0.84

0.81

0.84

0.85

Lanzhou Huanghe Enterprise 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															0.85	0.74	0.74	1.17	0.89

Lanzhou Huanghe Enterprise Co COGS-to-Revenue Calculation

Lanzhou Huanghe Enterprise 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
	=	204.664	/	241.244
	=	0.85

Lanzhou Huanghe Enterprise Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	48.034	/	53.857
	=	0.89

Lanzhou Huanghe Enterprise Co (SZSE:000929) COGS-to-Revenue Explanation

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

Lanzhou Huanghe Enterprise 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	-	48.034 / 53.857
	=	10.81 %

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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Lanzhou Huanghe Enterprise Co (SZSE:000929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Lanzhou Huanghe Enterprise Co Ltd (SZSE:000929) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 219 Qingyang Road, Jinyun Building, 22 Floor, Lanzhou, Gansu, CHN, 730030

Website

http://www.yellowriver.net.cn

Lanzhou Huanghe Enterprise Co Ltd is a China-based company mainly engaged in the production, processing, and sales of beer, beverage, barley, malt, and forage. It sells its products under the brand names of Huanghe and Qinghaihu. The company is also engaged in the packaging and printing business.

Executives

Yang Shi Wen	Director
Yang Ji Qiang	Director
Yang Shi Jiang	Director
Yang Shi Lian	Director
Bao Guo Xian	Director
Niu Dong Ji	Directors, executives
Bai Kun	Director, within half a year of separation

Lanzhou Huanghe Enterprise Co (SZSE:000929) Headlines

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