Deewin Tianxia Co (HKSE:02418) COGS-to-Revenue : 0.84 (As of Dec. 2023)

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What is Deewin Tianxia Co COGS-to-Revenue?

Deewin Tianxia Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,467 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$1,752 Mil.

Deewin Tianxia Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.84.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Deewin Tianxia Co's Gross Margin % for the six months ended in Dec. 2023 was 16.25%.

Deewin Tianxia Co COGS-to-Revenue Historical Data

The historical data trend for Deewin Tianxia 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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Deewin Tianxia Co COGS-to-Revenue Chart

Deewin Tianxia Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.84

0.80

0.77

0.82

0.83

Deewin Tianxia Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial			0.76	0.80	0.84	0.83	0.84

Deewin Tianxia Co COGS-to-Revenue Calculation

Deewin Tianxia 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
	=	2848.226	/	3411.974
	=	0.83

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1466.903	/	1751.528
	=	0.84

Deewin Tianxia Co (HKSE:02418) COGS-to-Revenue Explanation

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

Deewin Tianxia 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	-	1466.903 / 1751.528
	=	16.25 %

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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Deewin Tianxia Co (HKSE:02418) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Deewin Tianxia Co Ltd (HKSE:02418) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 West Section of Xijin Road, Building 1, Jingwei Centre, 16th Floor, Unit 1, Economic and Technological Development Zone, Jingwei New City, Shaanxi, Xi’an, CHN

Website

http://www.deewintx.com

Deewin Tianxia Co Ltd is principally engaged in the business of logistics and supply chain service including supply chain business, automobile sales business and aftermarket product business, supply chain financial service including financial leasing business, factoring business and insurance brokerage business, and internet of vehicle and data service in China to players along the commercial automobile industry chain. Commercial automobiles, mainly include trucks, pickups, trailers, buses and lorries.

Deewin Tianxia Co (HKSE:02418) Headlines

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