Heng Sheng Holding Group Co (XKRX:900270) COGS-to-Revenue : 0.86 (As of Dec. 2023)

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What is Heng Sheng Holding Group Co COGS-to-Revenue?

Heng Sheng Holding Group Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩24,418 Mil. Its Revenue for the three months ended in Dec. 2023 was ₩28,254 Mil.

Heng Sheng Holding Group Co's COGS to Revenue for the three months ended in Dec. 2023 was 0.86.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Heng Sheng Holding Group Co's Gross Margin % for the three months ended in Dec. 2023 was 13.58%.

Heng Sheng Holding Group Co COGS-to-Revenue Historical Data

The historical data trend for Heng Sheng Holding Group 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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Heng Sheng Holding Group Co COGS-to-Revenue Chart

Heng Sheng Holding Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.73

0.86

0.84

0.81

0.85

Heng Sheng Holding Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.92	0.91	0.84	0.81	0.86

Heng Sheng Holding Group Co COGS-to-Revenue Calculation

Heng Sheng Holding Group 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
	=	93294.511	/	109981.935
	=	0.85

Heng Sheng Holding Group Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	24418.213	/	28253.771
	=	0.86

Heng Sheng Holding Group Co (XKRX:900270) COGS-to-Revenue Explanation

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

Heng Sheng Holding Group Co's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	24418.213 / 28253.771
	=	13.58 %

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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Heng Sheng Holding Group Co (XKRX:900270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Heng Sheng Holding Group Co Ltd (XKRX:900270) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

72-80 Hoi Yuen Road, Room 6, 3/F., Lladro Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.hsfamilyent.com

Heng Sheng Holding Group Co Ltd is a toys manufacturing company. The company is engaged in the production of smart toys, children's wear, animation, IP contents in Hong Kong. Its products are exported to Europe, Korea, Japan and other countries and regions.

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