CGN Mining Co (CGN Mining Co) COGS-to-Revenue : 1.01 (As of Dec. 2023)

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What is CGN Mining Co COGS-to-Revenue?

CGN Mining Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $574.2 Mil. Its Revenue for the six months ended in Dec. 2023 was $567.1 Mil.

CGN Mining Co's COGS to Revenue for the six months ended in Dec. 2023 was 1.01.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CGN Mining Co's Gross Margin % for the six months ended in Dec. 2023 was -1.24%.

CGN Mining Co COGS-to-Revenue Historical Data

The historical data trend for CGN Mining 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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CGN Mining Co COGS-to-Revenue Chart

CGN Mining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.93

0.98

0.96

0.98

CGN Mining Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.99	0.92	1.04	0.94	1.01

CGN Mining Co COGS-to-Revenue Calculation

CGN Mining 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
	=	925.914	/	942.806
	=	0.98

CGN Mining Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	574.155	/	567.147
	=	1.01

CGN Mining Co (OTCPK:CGNMF) COGS-to-Revenue Explanation

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

CGN Mining Co's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	574.155 / 567.147
	=	-1.24 %

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.

CGN Mining Co COGS-to-Revenue Related Terms

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CGN Mining Co (CGN Mining Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » CGN Mining Co Ltd (OTCPK:CGNMF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

01164:Hong Kong VBO:Germany

Address

No. 26 Harbour Road, Room 1903,19th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.cgnmc.com

CGN Mining Co Ltd is an investment holding company. It is engaged in the development and trading of natural uranium resources for use by nuclear energy companies. The company organized into three main segments: Natural uranium trading, Property investment, and Other investment. It's Natural uranium trading segment engages in trading of natural uranium. The property investment segment engages in leasing and selling of office premises and other investments segment engages in investment in a joint venture. The company generates majority of its revenue from the trading of natural uranium.

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