Hengbao Co (SZSE:002104) COGS-to-Revenue : 0.68 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Hengbao Co COGS-to-Revenue?

Hengbao Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥162 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥237 Mil.

Hengbao Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.68.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hengbao Co's Gross Margin % for the three months ended in Mar. 2024 was 31.56%.

Hengbao Co COGS-to-Revenue Historical Data

The historical data trend for Hengbao 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.

Hengbao Co COGS-to-Revenue Chart

Hengbao Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.72

0.70

0.75

0.72

0.69

Hengbao Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.71	0.70	0.70	0.64	0.68

Hengbao Co COGS-to-Revenue Calculation

Hengbao 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
	=	868.339	/	1262.144
	=	0.69

Hengbao Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	162.274	/	237.09
	=	0.68

Hengbao Co (SZSE:002104) COGS-to-Revenue Explanation

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

Hengbao 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	-	162.274 / 237.09
	=	31.56 %

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.

Hengbao Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Hengbao Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Hengbao Co (SZSE:002104) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hengbao Co Ltd (SZSE:002104) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Hengtang Industrial Zone, Danyang, Jiangsu, CHN, 212355

Website

http://www.hengbao.com

Hengbao Co Ltd is engaged in a wide range of smart card products and technology solutions in China. Its business and products include banking IC card, telecommunication IC card, mobile payment product, online payment terminal, magnetic card, password card, ticket, Internet of Things, platform system, information security services and solutions.

Executives

Jiang Xiao Ping	Supervisors
Gan Ling	Supervisors
Zhao Zhang Jian	Directors, executives
Gao Shan	Director
Zhong Ying Jiu	Executives
Zhang Jian Ming	Directors, executives
Cao Zhi Xin	Directors, executives
Zhang Dong Yang	Director
Qian Yun Bao	Director
Jiang Hao Ran	Director
Wu Xiao Fang	Supervisors
Qian Ping	Supervisors
Tang Xiao Qin	Executives, within half a year of separation

Hengbao Co (SZSE:002104) Headlines

No Headlines