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Huafon Microfibre (Shanghai) Co (SZSE:300180) COGS-to-Revenue : 0.84 (As of Mar. 2024)


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What is Huafon Microfibre (Shanghai) Co COGS-to-Revenue?

Huafon Microfibre (Shanghai) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,003 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,192 Mil.

Huafon Microfibre (Shanghai) Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.84.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Huafon Microfibre (Shanghai) Co's Gross Margin % for the three months ended in Mar. 2024 was 15.91%.


Huafon Microfibre (Shanghai) Co COGS-to-Revenue Historical Data

The historical data trend for Huafon Microfibre (Shanghai) 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.

Huafon Microfibre (Shanghai) Co COGS-to-Revenue Chart

Huafon Microfibre (Shanghai) 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 0.74 0.75 0.81 0.86 0.88

Huafon Microfibre (Shanghai) 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 0.88 0.85 0.88 0.91 0.84

Huafon Microfibre (Shanghai) Co COGS-to-Revenue Calculation

Huafon Microfibre (Shanghai) 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
=4042.796 / 4587.245
=0.88

Huafon Microfibre (Shanghai) Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=1002.75 / 1192.457
=0.84

* 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.


Huafon Microfibre (Shanghai) Co  (SZSE:300180) COGS-to-Revenue Explanation

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

Huafon Microfibre (Shanghai) 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 - 1002.75 / 1192.457
=15.91 %

* 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.


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Huafon Microfibre (Shanghai) Co (SZSE:300180) Business Description

Traded in Other Exchanges
N/A
Address
888 South Tingwei Road, Jinshan District, Shanghai, CHN, 201508
Huafon Microfibre (Shanghai) Co Ltd is engaged in the development, manufacture, and marketing of microfibre leather. Its main products include PU resin, bundle superfine fibre, non-woven fabric, coagulation, coating, and dyeing. Geographically the activities are carried out through China.
Executives
Xian Dan Director
Zhao Yu Biao Independent director
You Xiao Ping Director
Zhao Hong Kai Directors, executives
Duan Wei Dong Directors, executives
Yu Shao Ting Supervisors
Cai Kai Cheng Executives
Liu Yong Sheng Supervisors
Cheng Ming Director, Director, Representative of Securities A
Wang Ke Liang Directors, executives
Wang Dao Chong Directors, executives

Huafon Microfibre (Shanghai) Co (SZSE:300180) Headlines

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