Hangzhou Hota M&E Holdings Co (SZSE:001225) COGS-to-Revenue : 0.66 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Hangzhou Hota M&E Holdings Co COGS-to-Revenue?

Hangzhou Hota M&E Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥54.8 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥83.3 Mil.

Hangzhou Hota M&E Holdings Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.66.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hangzhou Hota M&E Holdings Co's Gross Margin % for the three months ended in Mar. 2024 was 34.19%.

Hangzhou Hota M&E Holdings Co COGS-to-Revenue Historical Data

The historical data trend for Hangzhou Hota M&E Holdings 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.

Hangzhou Hota M&E Holdings Co COGS-to-Revenue Chart

Hangzhou Hota M&E Holdings Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.55

0.57

0.54

0.59

0.61

Hangzhou Hota M&E Holdings Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial									0.61	0.62	0.55	0.63	0.66

Hangzhou Hota M&E Holdings Co COGS-to-Revenue Calculation

Hangzhou Hota M&E Holdings 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
	=	233.956	/	385.622
	=	0.61

Hangzhou Hota M&E Holdings Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	54.814	/	83.297
	=	0.66

Hangzhou Hota M&E Holdings Co (SZSE:001225) COGS-to-Revenue Explanation

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

Hangzhou Hota M&E Holdings 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	-	54.814 / 83.297
	=	34.19 %

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.

Hangzhou Hota M&E Holdings Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Hangzhou Hota M&E Holdings Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Hangzhou Hota M&E Holdings Co (SZSE:001225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Hota M&E Holdings Co Ltd (SZSE:001225) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1201, Tonghui North Road, Ningwei Street, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215

Website

http://www.hota.com.cn

Hangzhou Hota M&E Holdings Co Ltd is engaged in the research and development, design, manufacture and sales of material handling equipment. The company's main products include plate chain bucket elevators, belt bucket elevators and other series of conveying equipment and accessories, which are widely used in cement building materials, ports, steel, chemical and other industries, providing customers with environmentally friendly and efficient bulk materials Handling solutions.

Hangzhou Hota M&E Holdings Co (SZSE:001225) Headlines

No Headlines