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Golden Solar New Energy Technology Holdings (HKSE:01121) COGS-to-Revenue : 0.87 (As of Dec. 2023)


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What is Golden Solar New Energy Technology Holdings COGS-to-Revenue?

Golden Solar New Energy Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$133.6 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$152.9 Mil.

Golden Solar New Energy Technology Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.87.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Golden Solar New Energy Technology Holdings's Gross Margin % for the six months ended in Dec. 2023 was 12.64%.


Golden Solar New Energy Technology Holdings COGS-to-Revenue Historical Data

The historical data trend for Golden Solar New Energy Technology Holdings'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.

Golden Solar New Energy Technology Holdings COGS-to-Revenue Chart

Golden Solar New Energy Technology Holdings 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 0.82 0.84 0.72 0.87 0.85

Golden Solar New Energy Technology Holdings 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 0.71 0.99 0.76 0.84 0.87

Golden Solar New Energy Technology Holdings COGS-to-Revenue Calculation

Golden Solar New Energy Technology Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=276.116 / 323.045
=0.85

Golden Solar New Energy Technology Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=133.612 / 152.945
=0.87

* 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.


Golden Solar New Energy Technology Holdings  (HKSE:01121) COGS-to-Revenue Explanation

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

Golden Solar New Energy Technology Holdings'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 - 133.612 / 152.945
=12.64 %

* 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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Golden Solar New Energy Technology Holdings (HKSE:01121) Business Description

Traded in Other Exchanges
N/A
Address
Huoju Industrial Zone, Jiangnan Town, Licheng District, Fujian Province, Quanzhou, CHN, 362300
Golden Solar New Energy Technology Holdings Ltd is a material technology company that engages in different market segments such as footwear, environmental protection and energy-related fields.

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