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Leunda Holdings (HKSE:00738) Cost of Goods Sold : HK$156.8 Mil (TTM As of Aug. 2023)


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What is Leunda Holdings Cost of Goods Sold?

Leunda Holdings's cost of goods sold for the six months ended in Aug. 2023 was HK$76.6 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Aug. 2023 was HK$156.8 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Leunda Holdings's Gross Margin % for the six months ended in Aug. 2023 was 65.55%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Leunda Holdings's Inventory Turnover for the six months ended in Aug. 2023 was 0.36.


Leunda Holdings Cost of Goods Sold Historical Data

The historical data trend for Leunda Holdings's Cost of Goods Sold 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.

Leunda Holdings Cost of Goods Sold Chart

Leunda Holdings Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 394.40 311.08 286.70 259.64 165.25

Leunda Holdings Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Cost of Goods Sold 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 134.01 122.54 85.46 80.24 76.56

Leunda Holdings Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$156.8 Mil.

* 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.


Leunda Holdings  (HKSE:00738) Cost of Goods Sold Explanation

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

Leunda Holdings's Gross Margin % for the six months ended in Aug. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(222.223 - 76.561) / 222.223
=65.55 %

* 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.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Leunda Holdings's Inventory Turnover for the six months ended in Aug. 2023 is calculated as:

* 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


Leunda Holdings Cost of Goods Sold Related Terms

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Leunda Holdings (HKSE:00738) Business Description

Traded in Other Exchanges
N/A
Address
1063 King's Road, Suites 1104-1106, 11th Floor, Quarry Bay, Hong Kong, HKG
Le Saunda Holdings Ltd is an investment holding company, engaged in the design, development, manufacturing, and retailing of ladies' and men's footwear, handbags, and fashion accessories. The group operates in Mainland China, Hong Kong, and Macau, and the majority of the revenue is generated from China. The proprietary brands of the firm include le saunda, le saunda men, Linea rosa and CNE.
Executives
Li Wing Yeung Peter 2101 Beneficial owner
Ophorst Van Marwijk Kooy Vermogensbeheer N.v. 2102 Investment manager
Lee Tze Bun Marces 2101 Beneficial owner
Cheung Man Ching Teresa 2301 Trustee

Leunda Holdings (HKSE:00738) Headlines

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