Jiangsu HHCK Advanced Materials Co (SHSE:688535) COGS-to-Revenue : 0.71 (As of Mar. 2024)

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What is Jiangsu HHCK Advanced Materials Co COGS-to-Revenue?

Jiangsu HHCK Advanced Materials Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥51.5 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥72.4 Mil.

Jiangsu HHCK Advanced Materials Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.71.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Jiangsu HHCK Advanced Materials Co's Gross Margin % for the three months ended in Mar. 2024 was 28.91%.

Jiangsu HHCK Advanced Materials Co COGS-to-Revenue Historical Data

The historical data trend for Jiangsu HHCK Advanced Materials 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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Jiangsu HHCK Advanced Materials Co COGS-to-Revenue Chart

Jiangsu HHCK Advanced Materials Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.70

0.69

0.71

0.73

Jiangsu HHCK Advanced Materials Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial								0.70	0.75	0.72	0.75	0.71

Jiangsu HHCK Advanced Materials Co COGS-to-Revenue Calculation

Jiangsu HHCK Advanced Materials 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
	=	206.857	/	282.902
	=	0.73

Jiangsu HHCK Advanced Materials Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	51.471	/	72.403
	=	0.71

Jiangsu HHCK Advanced Materials Co (SHSE:688535) COGS-to-Revenue Explanation

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

Jiangsu HHCK Advanced Materials Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	51.471 / 72.403
	=	28.91 %

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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Jiangsu HHCK Advanced Materials Co (SHSE:688535) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Jiangsu HHCK Advanced Materials Co Ltd (SHSE:688535) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 66, Dongfang Avenue, Economic and Technological Development Zone, Jiangsu Province, Lianyungang, CHN, 222047

Website

http://www.hhck-em.com

Jiangsu HHCK Advanced Materials Co Ltd is engaged in the research and development and industrialization of semiconductor packaging materials.

Jiangsu HHCK Advanced Materials Co (SHSE:688535) Headlines

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