China Resources Land (China Resources Land) COGS-to-Revenue : 0.75 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is China Resources Land COGS-to-Revenue?

China Resources Land's Cost of Goods Sold for the six months ended in Dec. 2023 was $18,729 Mil. Its Revenue for the six months ended in Dec. 2023 was $24,952 Mil.

China Resources Land's COGS to Revenue for the six months ended in Dec. 2023 was 0.75.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Resources Land's Gross Margin % for the six months ended in Dec. 2023 was 24.94%.

China Resources Land COGS-to-Revenue Historical Data

The historical data trend for China Resources Land'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.

* Premium members only.

China Resources Land COGS-to-Revenue Chart

China Resources Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.62

0.69

0.73

0.74

0.75

China Resources Land Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.75	0.73	0.74	0.74	0.75

China Resources Land COGS-to-Revenue Calculation

China Resources Land's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	26326.32	/	35172.279
	=	0.75

China Resources Land's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	18728.598	/	24952.47
	=	0.75

China Resources Land (OTCPK:CRBJY) COGS-to-Revenue Explanation

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

China Resources Land'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	-	18728.598 / 24952.47
	=	24.94 %

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.

China Resources Land COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of China Resources Land's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

China Resources Land (China Resources Land) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Land Ltd (OTCPK:CRBJY) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

CRBJF:USA 01109:Hong Kong CHZ:Germany

Address

26 Harbour Road, 46th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crland.com.hk

China Resources Land, or CR Land, is a leading real estate developer with nationwide coverage in China. Aside from the core development business, CR Land differentiates itself from peers with a significant investment property portfolio with luxury focused MixC malls, and it holds a 73.7% stake in listed property management company China Resources Mixc Lifestyle Services. CR Land is a subsidiary of China Resources Holdings, or CR Holdings, a sizable state-owned conglomerate with a diverse presence in the utilities, consumer goods, medical, and property sectors. CR Holdings holds about a 60% stake in CR Land.

China Resources Land (China Resources Land) Headlines

From GuruFocus

Matthews China Fund Comments on China Resources Land

By Holly LaFon Holly LaFon • 01-22-2019

Unpacking the Dividend Performance of China Resources Land Ltd (CRBJF)

By GuruFocus Research • 09-12-2023