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Qinghai Huzhu TianYouDe Highland Barley Spirit Co (SZSE:002646) COGS-to-Revenue : 0.37 (As of Mar. 2024)


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What is Qinghai Huzhu TianYouDe Highland Barley Spirit Co COGS-to-Revenue?

Qinghai Huzhu TianYouDe Highland Barley Spirit Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥195 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥526 Mil.

Qinghai Huzhu TianYouDe Highland Barley Spirit Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.37.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Qinghai Huzhu TianYouDe Highland Barley Spirit Co's Gross Margin % for the three months ended in Mar. 2024 was 63.02%.

Qinghai Huzhu TianYouDe Highland Barley Spirit Co COGS-to-Revenue Historical Data

The historical data trend for Qinghai Huzhu TianYouDe Highland Barley Spirit 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.

Qinghai Huzhu TianYouDe Highland Barley Spirit Co COGS-to-Revenue Chart

Qinghai Huzhu TianYouDe Highland Barley Spirit Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.36 0.37 0.38 0.37

Qinghai Huzhu TianYouDe Highland Barley Spirit 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.38 0.35 0.39 0.37

Qinghai Huzhu TianYouDe Highland Barley Spirit Co COGS-to-Revenue Calculation

Qinghai Huzhu TianYouDe Highland Barley Spirit 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
=447.655 / 1210.158
=0.37

Qinghai Huzhu TianYouDe Highland Barley Spirit Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=194.573 / 526.134
=0.37

* 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.

Qinghai Huzhu TianYouDe Highland Barley Spirit Co  (SZSE:002646) COGS-to-Revenue Explanation

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

Qinghai Huzhu TianYouDe Highland Barley Spirit 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 - 194.573 / 526.134
=63.02 %

* 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.

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.

Qinghai Huzhu TianYouDe Highland Barley Spirit Co COGS-to-Revenue Related Terms

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Qinghai Huzhu TianYouDe Highland Barley Spirit Co (SZSE:002646) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Qinghai Huzhu TianYouDe Highland Barley Spirit Co Ltd (SZSE:002646) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
N/A
Address
No. 6 West Stree, Huzhu County, Qinghai Province, Weiyuan, CHN, 810500
Website
http://www.002646.com
Qinghai Huzhu TianYouDe Highland Barley Spirit Co Ltd is a China-based company operating in the liquor industry. The principal business activities of the company are research and development, production and sales of wine and alcoholic beverages. It specializes in Xizhu, Tianyoude, Ba Dafang, Yongqinghe, Shiyi De and many other series of barleywines, as well as the Maxwell brand.
Executives
Fan Wen Lai Independent director
Guo Shou Ming Director
Li Yin Hui Directors, executives
Wang Zhao San Directors, executives
Lu Yan Supervisors

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