Hanwha Solutions (XKRX:009830) COGS-to-Revenue : 0.92 (As of Mar. 2024)

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What is Hanwha Solutions COGS-to-Revenue?

Hanwha Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩2,195,839 Mil. Its Revenue for the three months ended in Mar. 2024 was ₩2,392,857 Mil.

Hanwha Solutions's COGS to Revenue for the three months ended in Mar. 2024 was 0.92.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hanwha Solutions's Gross Margin % for the three months ended in Mar. 2024 was 8.23%.

Hanwha Solutions COGS-to-Revenue Historical Data

The historical data trend for Hanwha Solutions'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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Hanwha Solutions COGS-to-Revenue Chart

Hanwha Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.80

0.79

0.80

0.82

0.83

Hanwha Solutions 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															0.78	0.83	0.84	0.87	0.92

Hanwha Solutions COGS-to-Revenue Calculation

Hanwha Solutions's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11049867.765	/	13288744.763
	=	0.83

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2195839.379	/	2392856.653
	=	0.92

Hanwha Solutions (XKRX:009830) COGS-to-Revenue Explanation

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

Hanwha Solutions'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	-	2195839.379 / 2392856.653
	=	8.23 %

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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Hanwha Solutions (XKRX:009830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hanwha Solutions Corp (XKRX:009830) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

009835:Korea

Address

86, Cheonggyecheon-ro, Jung-gu, Seoul, KOR, 100797

Website

https://www.hanwhasolutions.com

Hanwha Solutions Corp is a Korean Conglomerate company. Its business includes manufacturing and distribution of PE, PVC, and CA; manufacturing and distribution of automotive parts; department stores, wholesaling and retailing; manufacturing and distribution of solar products, such as ingots and modules; and other businesses. The company's geographical segments include Korea, China, Germany, and others.

Hanwha Solutions (XKRX:009830) Headlines

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