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Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) COGS-to-Revenue : 0.91 (As of Dec. 2023)


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What is Xinjiang Tianye Waterving Irrigation System Co COGS-to-Revenue?

Xinjiang Tianye Waterving Irrigation System Co's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$512 Mil. Its Revenue for the three months ended in Dec. 2023 was HK$560 Mil.

Xinjiang Tianye Waterving Irrigation System Co's COGS to Revenue for the three months ended in Dec. 2023 was 0.91.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Xinjiang Tianye Waterving Irrigation System Co's Gross Margin % for the three months ended in Dec. 2023 was 8.57%.

Xinjiang Tianye Waterving Irrigation System Co COGS-to-Revenue Historical Data

The historical data trend for Xinjiang Tianye Waterving Irrigation System 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.

Xinjiang Tianye Waterving Irrigation System Co COGS-to-Revenue Chart

Xinjiang Tianye Waterving Irrigation System 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 0.87 0.88 0.94 0.98 0.95

Xinjiang Tianye Waterving Irrigation System Co Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 1.03 0.86 - 0.96 0.91

Xinjiang Tianye Waterving Irrigation System Co COGS-to-Revenue Calculation

Xinjiang Tianye Waterving Irrigation System 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
=2317.137 / 2427.463
=0.95

Xinjiang Tianye Waterving Irrigation System Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=511.831 / 559.817
=0.91

* 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.

Xinjiang Tianye Waterving Irrigation System Co  (HKSE:00840) COGS-to-Revenue Explanation

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

Xinjiang Tianye Waterving Irrigation System Co's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 511.831 / 559.817
=8.57 %

* 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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Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Xinjiang Tianye Water Saving Irrigation System Co Ltd (HKSE:00840) » Definitions » COGS-to-Revenue
Comparable Companies
HKSE:02102 CAT DE PCAR OSTO:VOLV A XTER:DTG TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326 CNH SZSE:000425 OHEL:METSO SZSE:000157 AGCO OSK SHSE:600066 BOM:500477
Traded in Other Exchanges
N/A
Address
No. 36, Bei San Dong Road, Shihezi Economic and Technological Development Zone, Xinjiang, Shihezi, CHN, 832000
Website
https://www.tianyejieshui.com.cn
Xinjiang Tianye Water Saving Irrigation System Co Ltd is a China-based firm engaged in the manufacture of plastic products. Its activities include the production and marketing of agricultural plastic water-saving irrigation equipment and plastic pipelines, and construction and installation of water-saving irrigation systems. The company's products include the PVC materials for water supply pipes, PE piping materials and accessories, pressure compensatory drip tapes, labyrinth-style drip tapes, embedded-style drip tapes, agricultural tapes and drippers. It also offers installation services for water-saving irrigation systems.
Executives
Ding Wei 2101 Beneficial owner
Wang Bing 2202 Interest of your spouse

Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Headlines

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