Hwa Fong Rubber Ind Co (TPE:2109) COGS-to-Revenue : 0.75 (As of Mar. 2024)

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What is Hwa Fong Rubber Ind Co COGS-to-Revenue?

Hwa Fong Rubber Ind Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$869 Mil. Its Revenue for the three months ended in Mar. 2024 was NT$1,154 Mil.

Hwa Fong Rubber Ind Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.75.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hwa Fong Rubber Ind Co's Gross Margin % for the three months ended in Mar. 2024 was 24.66%.

Hwa Fong Rubber Ind Co COGS-to-Revenue Historical Data

The historical data trend for Hwa Fong Rubber Ind 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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Hwa Fong Rubber Ind Co COGS-to-Revenue Chart

Hwa Fong Rubber Ind Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.81

0.76

0.77

0.80

0.78

Hwa Fong Rubber Ind 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															0.79	0.89	0.75	0.69	0.75

Hwa Fong Rubber Ind Co COGS-to-Revenue Calculation

Hwa Fong Rubber Ind 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
	=	3648.483	/	4674.3
	=	0.78

Hwa Fong Rubber Ind Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	869.156	/	1153.666
	=	0.75

Hwa Fong Rubber Ind Co (TPE:2109) COGS-to-Revenue Explanation

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

Hwa Fong Rubber Ind 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	-	869.156 / 1153.666
	=	24.66 %

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.

Hwa Fong Rubber Ind Co COGS-to-Revenue Related Terms

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Hwa Fong Rubber Ind Co (TPE:2109) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hwa Fong Rubber Ind Co Ltd (TPE:2109) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.300, Chung-Shan Road, Section 2, Ta-Tsun Hsiang, Changhua County, TWN, 515002

Website

https://www.duro.com.tw

Hwa Fong Rubber Ind Co Ltd is a Taiwan based company whose business is the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. It engages in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks and radial tires. Its tire products are used in sedans, recreational and leisure vehicles, heavy trucks, trailers, grass mowers, forklifts, as well as bicycles and monocycles. The company distributes its products in the domestic market and to overseas markets.

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