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China Travel International Investment Hong Kong (HKSE:00308) COGS-to-Revenue : 0.69 (As of Dec. 2023)


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What is China Travel International Investment Hong Kong COGS-to-Revenue?

China Travel International Investment Hong Kong's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,673 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$2,439 Mil.

China Travel International Investment Hong Kong's COGS to Revenue for the six months ended in Dec. 2023 was 0.69.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Travel International Investment Hong Kong's Gross Margin % for the six months ended in Dec. 2023 was 31.40%.


China Travel International Investment Hong Kong COGS-to-Revenue Historical Data

The historical data trend for China Travel International Investment Hong Kong'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.

China Travel International Investment Hong Kong COGS-to-Revenue Chart

China Travel International Investment Hong Kong 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 0.59 0.96 0.86 0.90 0.66

China Travel International Investment Hong Kong 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 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 0.82 1.16 0.79 0.64 0.69

China Travel International Investment Hong Kong COGS-to-Revenue Calculation

China Travel International Investment Hong Kong's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2979.093 / 4494.211
=0.66

China Travel International Investment Hong Kong's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=1673.4 / 2439.302
=0.69

* 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.


China Travel International Investment Hong Kong  (HKSE:00308) COGS-to-Revenue Explanation

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

China Travel International Investment Hong Kong'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 - 1673.4 / 2439.302
=31.40 %

* 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.


China Travel International Investment Hong Kong COGS-to-Revenue Related Terms

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China Travel International Investment Hong Kong (HKSE:00308) Business Description

Traded in Other Exchanges
Address
78-83 Connaught Road Central, 12th Floor, CTS House, Hong Kong, HKG
China Travel International Investment Hong Kong Ltd is a holding company focused on leisure investments. The company has four primary divisions: travel agency and related operations, tourist attractions, hotels, and passenger transportation services. It derives revenue from its travel agency, tourist attraction, and hotel operations. Travel agency and related operations include the company's travel agency and travel document businesses. Tourist attraction operations, which comprise the largest portion of company revenue, include theme parks, resorts, and scenic destinations. Hotel operations include hotel accommodation, food, and beverage services. The company generates the vast majority of revenue in Hong Kong and mainland China.
Executives
Kwok Hoi Hing 2101 Beneficial owner
Zhong Guo Lv You Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

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