Country Garden Holdings Co (Country Garden Holdings Co) COGS-to-Revenue : 1.11 (As of Jun. 2023)

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What is Country Garden Holdings Co COGS-to-Revenue?

Country Garden Holdings Co's Cost of Goods Sold for the six months ended in Jun. 2023 was $34,989 Mil. Its Revenue for the six months ended in Jun. 2023 was $31,601 Mil.

Country Garden Holdings Co's COGS to Revenue for the six months ended in Jun. 2023 was 1.11.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Country Garden Holdings Co's Gross Margin % for the six months ended in Jun. 2023 was -10.72%.

Country Garden Holdings Co COGS-to-Revenue Historical Data

The historical data trend for Country Garden Holdings Co'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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Country Garden Holdings Co COGS-to-Revenue Chart

Country Garden Holdings Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.73

0.74

0.78

0.82

0.92

Country Garden Holdings Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial															0.80	0.84	0.89	0.94	1.11

Country Garden Holdings Co COGS-to-Revenue Calculation

Country Garden Holdings Co's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	57014.502	/	61731.142
	=	0.92

Country Garden Holdings Co's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	34989.248	/	31601.223
	=	1.11

Country Garden Holdings Co (OTCPK:CTRYF) COGS-to-Revenue Explanation

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

Country Garden Holdings Co's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	34989.248 / 31601.223
	=	-10.72 %

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.

Country Garden Holdings Co COGS-to-Revenue Related Terms

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Country Garden Holdings Co (Country Garden Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Garden Holdings Co Ltd (OTCPK:CTRYF) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

CTRYY:USA 02007:Hong Kong DZJ:Germany

Address

No. 1 Country Garden Road, Country Garden Centre, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312

Website

https://www.countrygarden.com.cn

Listed in 2007, Country Garden Holdings has been one of the largest China real estate developers in contracted sales with a focus on Tier 3 and lower-tier cities. Property development has represented most of CGH's revenue and earnings, and the firm has tapped into new businesses such as robotics construction and venture capital investment. Following the retirement of founder Yang Guoqiang, Yang Huiyan (daughter of Yang Guoqiang) holds an over 50% stake of the company, while Ping An Life Insurance retains 7.7% equity ownership after the private placement in 2015.