Cheerwin Group (HKSE:06601) COGS-to-Revenue : 0.48 (As of Dec. 2023)

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What is Cheerwin Group COGS-to-Revenue?

Cheerwin Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$254 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$528 Mil.

Cheerwin Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.48.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Cheerwin Group's Gross Margin % for the six months ended in Dec. 2023 was 51.88%.

Cheerwin Group COGS-to-Revenue Historical Data

The historical data trend for Cheerwin 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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Cheerwin Group COGS-to-Revenue Chart

Cheerwin Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.57

0.56

0.55

0.58

0.56

Cheerwin Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial						0.54	0.61	0.53	0.59	0.48

Cheerwin Group COGS-to-Revenue Calculation

Cheerwin 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
	=	981.478	/	1767.093
	=	0.56

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	254.137	/	528.103
	=	0.48

Cheerwin Group (HKSE:06601) COGS-to-Revenue Explanation

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

Cheerwin 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	-	254.137 / 528.103
	=	51.88 %

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.

Cheerwin Group COGS-to-Revenue Related Terms

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Cheerwin Group (HKSE:06601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cheerwin Group Ltd (HKSE:06601) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Luju Road, Liwan District, Guangdong Province, Guangzhou, CHN, 510370

Website

https://www.cheerwin.com

Cheerwin Group Ltd is an investment holding company. It is mainly manufacturing and trading of household insecticides and repellents, household cleaning, air care, personal care, pet care, and other products in China. company revenue is geographically derived from PRC.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Chen Kaichen
Chen Kaixuan
Li Ruohong
Ma Huizhen
Morgan Stanley & Co. International Plc	2105 Underwriter
Morgan Stanley International Holdings Inc.	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you
Chao Yun Huan Qiu You Xian Gong Si

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