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China Chengtong Development Group (HKSE:00217) COGS-to-Revenue : 0.57 (As of Dec. 2023)


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What is China Chengtong Development Group COGS-to-Revenue?

China Chengtong Development Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$208.6 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$367.2 Mil.

China Chengtong Development Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Chengtong Development Group's Gross Margin % for the six months ended in Dec. 2023 was 43.20%.


China Chengtong Development Group COGS-to-Revenue Historical Data

The historical data trend for China Chengtong Development Group'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.

China Chengtong Development Group COGS-to-Revenue Chart

China Chengtong Development Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.80 0.77 0.80 0.60

China Chengtong Development Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.78 0.82 0.63 0.57

China Chengtong Development Group COGS-to-Revenue Calculation

China Chengtong Development Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=443.275 / 740.011
=0.60

China Chengtong Development Group's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=208.569 / 367.194
=0.57

* 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.


China Chengtong Development Group  (HKSE:00217) COGS-to-Revenue Explanation

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

China Chengtong Development Group's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 208.569 / 367.194
=43.20 %

* 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.

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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China Chengtong Development Group (HKSE:00217) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Suite 6406, 64th Floor, Central Plaza, Wanchai, Hong Kong, HKG
China Chengtong Development Group is an investment holding company and has its operations divided into five business segments: property development, property investment, finance leasing, bulk commodity trade, and marine recreation services and hotel. The property development segment holds land for property development projects. The property investment segment offers rental services and holds investment properties for appreciation. The finance leasing segment offers finance leasing services, such as arranging sales and leaseback transactions. The bulk commodity trade segment, which generates the vast majority of the company's revenue, includes the trading of coal, steel, and nonferrous metal. The company earns its revenue in the People's Republic of China.
Executives
China Chengtong Holdings Group Limited 2201 Interest of corporation controlled by you
China Chengtong Hong Kong Company Limited 2101 Beneficial owner

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