Sincere Co (HKSE:00244) COGS-to-Revenue : 0.44 (As of Dec. 2023)

View and export this data going back to 1921. Start your Free Trial

What is Sincere Co COGS-to-Revenue?

Sincere Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$31.8 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$71.8 Mil.

Sincere Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.44.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sincere Co's Gross Margin % for the six months ended in Dec. 2023 was 55.73%.

Sincere Co COGS-to-Revenue Historical Data

The historical data trend for Sincere 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.

Sincere Co COGS-to-Revenue Chart

Sincere Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.46

0.50

0.52

0.44

0.43

Sincere Co Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.49	0.45	0.43	0.41	0.44

Sincere Co COGS-to-Revenue Calculation

Sincere 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
	=	62.213	/	146.147
	=	0.43

Sincere Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	31.781	/	71.791
	=	0.44

Sincere Co (HKSE:00244) COGS-to-Revenue Explanation

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

Sincere Co'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	-	31.781 / 71.791
	=	55.73 %

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.

Sincere Co COGS-to-Revenue Related Terms

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

Sincere Co (HKSE:00244) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sincere Co Ltd (HKSE:00244) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

1 Connaught Place, 24th Floor, Jardine House, Central, Hong Kong, HKG

Website

https://www.sincere.com.hk

Sincere Co Ltd is mainly engaged in the retailing business. The company has aggregated its operations into three reportable segments, Department Store Operations; Securities Trading and Others. The Department Store Operations segment consists of the operations of department stores offering a wide range of consumer products; the Securities Trading segment consists of the trading of Hong Kong and overseas securities; and the Others segment consists of the sublease of properties and the provision of general and life insurances. Its primary geographic markets are Hong Kong, Mainland China, the United Kingdom and others. Geographically the company receives maximum revenue from Hong Kong.

Executives

Manureen Holdings Limited	2201 Interest of corporation controlled by you
Realord Group Holdings Limited	2101 Beneficial owner
Lin Xiaohui	2201 Interest of corporation controlled by you
Su Jiaohua	2202 Interest of your spouse
Yuan Lie Ming Peter	2101 Beneficial owner

Sincere Co (HKSE:00244) Headlines

No Headlines