Hicon Network Technology (Shandong) Co (SZSE:301262) COGS-to-Revenue : 0.44 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Hicon Network Technology (Shandong) Co COGS-to-Revenue?

Hicon Network Technology (Shandong) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥107.2 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥243.4 Mil.

Hicon Network Technology (Shandong) Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.44.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hicon Network Technology (Shandong) Co's Gross Margin % for the three months ended in Mar. 2024 was 55.96%.

Hicon Network Technology (Shandong) Co COGS-to-Revenue Historical Data

The historical data trend for Hicon Network Technology (Shandong) 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.

Hicon Network Technology (Shandong) Co COGS-to-Revenue Chart

Hicon Network Technology (Shandong) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.40

0.45

0.46

0.44

Hicon Network Technology (Shandong) Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial													0.42	0.49	0.47	0.40	0.44

Hicon Network Technology (Shandong) Co COGS-to-Revenue Calculation

Hicon Network Technology (Shandong) 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
	=	439.017	/	992.274
	=	0.44

Hicon Network Technology (Shandong) Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	107.18	/	243.365
	=	0.44

Hicon Network Technology (Shandong) Co (SZSE:301262) COGS-to-Revenue Explanation

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

Hicon Network Technology (Shandong) 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	-	107.18 / 243.365
	=	55.96 %

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.

Hicon Network Technology (Shandong) Co COGS-to-Revenue Related Terms

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

Hicon Network Technology (Shandong) Co (SZSE:301262) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hicon Network Technology (Shandong) Co Ltd (SZSE:301262) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18567, Jingshi Road, 6th Floor, New Radio and Television Center Building, Shandong Province, Jinan, CHN, 250062

Website

http://www.ihicon.com

Hicon Network Technology (Shandong) Co Ltd exclusively operate the operating business related to Shandong IPTV integrated broadcast control.

Hicon Network Technology (Shandong) Co (SZSE:301262) Headlines

No Headlines