Prosperous Industrial (Holdings) (HKSE:01731) COGS-to-Revenue : 0.78 (As of Dec. 2023)

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What is Prosperous Industrial (Holdings) COGS-to-Revenue?

Prosperous Industrial (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$563 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$725 Mil.

Prosperous Industrial (Holdings)'s COGS to Revenue for the six months ended in Dec. 2023 was 0.78.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Prosperous Industrial (Holdings)'s Gross Margin % for the six months ended in Dec. 2023 was 22.35%.

Prosperous Industrial (Holdings) COGS-to-Revenue Historical Data

The historical data trend for Prosperous Industrial (Holdings)'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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Prosperous Industrial (Holdings) COGS-to-Revenue Chart

Prosperous Industrial (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.79

0.80

0.79

0.81

0.79

Prosperous Industrial (Holdings) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial											0.81	0.80	0.83	0.80	0.78

Prosperous Industrial (Holdings) COGS-to-Revenue Calculation

Prosperous Industrial (Holdings)'s COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1283.822	/	1625.516
	=	0.79

Prosperous Industrial (Holdings)'s COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	562.798	/	724.742
	=	0.78

Prosperous Industrial (Holdings) (HKSE:01731) COGS-to-Revenue Explanation

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

Prosperous Industrial (Holdings)'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	-	562.798 / 724.742
	=	22.35 %

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.

Prosperous Industrial (Holdings) COGS-to-Revenue Related Terms

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Prosperous Industrial (Holdings) (HKSE:01731) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Prosperous Industrial (Holdings) Ltd (HKSE:01731) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

71-75 Container Port Road, Unit 1-2, 1st Floor, Join-In Hang Sing Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.pihl.hk

Prosperous Industrial (Holdings) Ltd is an investment holding company principally engaged in the manufacturing and sale of sports bags, handbags and luggage bags. The company's products are categorized as outdoor and sporting bags including day packs and overnight backpacks, which are designed with larger volumes; functional bags such as camera backpacks with multiple pockets and waterproof hydration backpacks; fashion and casual bags, as well as other bags and packs. The company mainly operates its products to North America, Asia, and Europe market.

Executives

Yeung Ming Sum Richard
Yeung Wor Foon Stella
Prosperous Holdings (overseas) Limited
Great Pacific Investment Ltd.	2101 Beneficial owner
Pou Chen Corporation	2201 Interest of corporation controlled by you
Pou Hing Industrial Co. Ltd	2201 Interest of corporation controlled by you
Wealthplus Holdings Limited	2201 Interest of corporation controlled by you
Yue Yuen Industrial (holdings) Limited	2201 Interest of corporation controlled by you

Prosperous Industrial (Holdings) (HKSE:01731) Headlines

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