CHKGF (CK Asset Holdings) COGS-to-Revenue : 0.44 (As of Jun. 2024)

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What is CK Asset Holdings COGS-to-Revenue?

CK Asset Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was $1,243 Mil. Its Revenue for the six months ended in Jun. 2024 was $2,818 Mil.

CK Asset Holdings's COGS to Revenue for the six months ended in Jun. 2024 was 0.44.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CK Asset Holdings's Gross Margin % for the six months ended in Jun. 2024 was 55.88%.

CK Asset Holdings COGS-to-Revenue Historical Data

The historical data trend for CK Asset 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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CK Asset Holdings COGS-to-Revenue Chart

CK Asset Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.54

0.44

0.47

CK Asset Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
COGS-to-Revenue	Get a 7-Day Free Trial															0.50	0.42	0.46	0.48	0.44

CK Asset Holdings COGS-to-Revenue Calculation

CK Asset 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
	=	2832.083	/	6049.195
	=	0.47

CK Asset Holdings's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1243.15	/	2817.926
	=	0.44

CK Asset Holdings (OTCPK:CHKGF) COGS-to-Revenue Explanation

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

CK Asset Holdings's Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1243.15 / 2817.926
	=	55.88 %

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.

CK Asset Holdings COGS-to-Revenue Related Terms

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CK Asset Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CK Asset Holdings Ltd (OTCPK:CHKGF) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

CNGKY:USA 01113:Hong Kong 1CK1:Germany

Address

2 Queen’s Road Central, 7th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.ckah.com

CK Asset Holdings was the property business arm of the Cheung Kong Group before the spinoff in 2015. It was subsequently renamed CK Asset Holdings from CK Property in 2017. Li Ka-shing and his family remain the largest shareholders of CK Asset over the years, with about a 48% equity stake. The company mainly engages in property development, property investment, and hotel management in Hong Kong and mainland China, while diversifying into social housing, pub operations, and infrastructure management overseas in recent years.