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Shenzhen Properties & Resources Development (Group) (SZSE:000011) COGS-to-Revenue : 0.82 (As of Mar. 2024)


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What is Shenzhen Properties & Resources Development (Group) COGS-to-Revenue?

Shenzhen Properties & Resources Development (Group)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ¥335 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥407 Mil.

Shenzhen Properties & Resources Development (Group)'s COGS to Revenue for the three months ended in Mar. 2024 was 0.82.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shenzhen Properties & Resources Development (Group)'s Gross Margin % for the three months ended in Mar. 2024 was 17.71%.


Shenzhen Properties & Resources Development (Group) COGS-to-Revenue Historical Data

The historical data trend for Shenzhen Properties & Resources 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.

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Shenzhen Properties & Resources Development (Group) COGS-to-Revenue Chart

Shenzhen Properties & Resources 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 0.36 0.34 0.37 0.53 0.75

Shenzhen Properties & Resources Development (Group) 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 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 0.75 0.71 0.72 0.90 0.82

Shenzhen Properties & Resources Development (Group) COGS-to-Revenue Calculation

Shenzhen Properties & Resources 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
=2233.525 / 2965.117
=0.75

Shenzhen Properties & Resources Development (Group)'s COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=334.569 / 406.582
=0.82

* 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.


Shenzhen Properties & Resources Development (Group)  (SZSE:000011) COGS-to-Revenue Explanation

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

Shenzhen Properties & Resources Development (Group)'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 - 334.569 / 406.582
=17.71 %

* 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.


Shenzhen Properties & Resources Development (Group) COGS-to-Revenue Related Terms

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Shenzhen Properties & Resources Development (Group) (SZSE:000011) Business Description

Traded in Other Exchanges
Address
Renmin South Road, 39 Floor and 42 Floor, International Trade Center, Guangdong Province, Luohu District, Shenzhen, CHN, 518014
Shenzhen Properties & Resources Development (Group) Ltd is engaged in real estate development property management and housing asset operation as the basic business, with catering service, warehousing business and supervision business. It develops the residence, the hi-end apartment and the office building. It also provides house leasing, catering service, warehousing service, and supervision service. The company operates in three segments namely Real estate, Property management, and Catering service. Majority of the revenue is derived from the Real estate segment.
Executives
Li Zi Peng Executives
Chen Yu Gang Director
Wang Hang Jun Executives
Wen Li Director
Liu Jia Ke Supervisors

Shenzhen Properties & Resources Development (Group) (SZSE:000011) Headlines

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