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Hon Hai Precision Industry Co (TPE:2317) COGS-to-Revenue : 0.94 (As of Mar. 2024)


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What is Hon Hai Precision Industry Co COGS-to-Revenue?

Hon Hai Precision Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,240,329 Mil. Its Revenue for the three months ended in Mar. 2024 was NT$1,323,992 Mil.

Hon Hai Precision Industry Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.94.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hon Hai Precision Industry Co's Gross Margin % for the three months ended in Mar. 2024 was 6.32%.

Hon Hai Precision Industry Co COGS-to-Revenue Historical Data

The historical data trend for Hon Hai Precision Industry 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.

Hon Hai Precision Industry Co COGS-to-Revenue Chart

Hon Hai Precision Industry 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 0.94 0.94 0.94 0.94 0.94

Hon Hai Precision Industry 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 0.94 0.94 0.93 0.94 0.94

Hon Hai Precision Industry Co COGS-to-Revenue Calculation

Hon Hai Precision Industry 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
=5774273.89 / 6162221.359
=0.94

Hon Hai Precision Industry Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=1240329.407 / 1323991.647
=0.94

* 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.

Hon Hai Precision Industry Co  (TPE:2317) COGS-to-Revenue Explanation

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

Hon Hai Precision Industry 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 - 1240329.407 / 1323991.647
=6.32 %

* 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.

Hon Hai Precision Industry Co COGS-to-Revenue Related Terms

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Hon Hai Precision Industry Co (TPE:2317) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hon Hai Precision Industry Co Ltd (TPE:2317) » Definitions » COGS-to-Revenue
Comparable Companies
TPE:2308 TPE:3008 TPE:3037 TPE:2327 ROCO:8069 TPE:8046 TPE:2383 TPE:2409 TPE:3017 TPE:3481 APH TEL SZSE:002475 TSE:6981 GLW XKRX:006400 SZSE:000725 JBL TSE:6762 SZSE:002179
Traded in Other Exchanges
HNHPF:USA HHPDl:UK HHPD:UK HHP2:Germany
Address
No.2, Zihyou Street, Tucheng District, New Taipei, TWN, 236
Website
https://www.foxconn.com
Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for 55% of overall revenue in 2022. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.

Hon Hai Precision Industry Co (TPE:2317) Headlines

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