Magnificent Hotel Investments (HKSE:00201) COGS-to-Revenue : 0.77 (As of Dec. 2023)

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What is Magnificent Hotel Investments COGS-to-Revenue?

Magnificent Hotel Investments's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$210.4 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$273.9 Mil.

Magnificent Hotel Investments's COGS to Revenue for the six months ended in Dec. 2023 was 0.77.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Magnificent Hotel Investments's Gross Margin % for the six months ended in Dec. 2023 was 23.18%.

Magnificent Hotel Investments COGS-to-Revenue Historical Data

The historical data trend for Magnificent Hotel Investments'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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Magnificent Hotel Investments COGS-to-Revenue Chart

Magnificent Hotel Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.80

0.96

0.85

0.61

0.75

Magnificent Hotel Investments 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															0.87	0.46	0.84	0.73	0.77

Magnificent Hotel Investments COGS-to-Revenue Calculation

Magnificent Hotel Investments's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	339.729	/	451.811
	=	0.75

Magnificent Hotel Investments's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	210.367	/	273.858
	=	0.77

Magnificent Hotel Investments (HKSE:00201) COGS-to-Revenue Explanation

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

Magnificent Hotel Investments'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	-	210.367 / 273.858
	=	23.18 %

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.

Magnificent Hotel Investments COGS-to-Revenue Related Terms

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Magnificent Hotel Investments (HKSE:00201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Magnificent Hotel Investments Ltd (HKSE:00201) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

24-30 Ice House Street, 3rd Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

http://www.magnificenthotelinv.com

Magnificent Hotel Investments Ltd is an investment holding company. The firm manages its business into three segments, namely Hospitality services, Property investment, and Securities investment. It operates the Ramada Hotel, Best Western Plus Hotel, Best Western Hotel, Magnificent International Hotel, Best Western Causeway Bay, and Grand City Hotel. It derives the majority of its revenue from the Hospitality services segment. Its geographical segments are Hong Kong, China, and the United States.

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