Ronshine China Holdings (FRA:1R7) COGS-to-Revenue : 0.79 (As of Jun. 2024)

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What is Ronshine China Holdings COGS-to-Revenue?

Ronshine China Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was €1,446 Mil. Its Revenue for the six months ended in Jun. 2024 was €1,819 Mil.

Ronshine China Holdings's COGS to Revenue for the six months ended in Jun. 2024 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ronshine China Holdings's Gross Margin % for the six months ended in Jun. 2024 was 20.51%.

Ronshine China Holdings COGS-to-Revenue Historical Data

The historical data trend for Ronshine China 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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Ronshine China Holdings COGS-to-Revenue Chart

Ronshine China Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

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0.89

1.20

0.96

0.99

Ronshine China Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
COGS-to-Revenue	Get a 7-Day Free Trial															1.40	1.01	0.95	0.79	1.17

Ronshine China Holdings COGS-to-Revenue Calculation

Ronshine China 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
	=	5483.59	/	5687.459
	=	0.96

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1445.767	/	1818.696
	=	0.79

Ronshine China Holdings (FRA:1R7) COGS-to-Revenue Explanation

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

Ronshine China 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	-	1445.767 / 1818.696
	=	20.51 %

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.

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Ronshine China Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ronshine China Holdings Ltd (FRA:1R7) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

03301:Hong Kong

Address

Lane 77, Shangkun Road, Tower 2, Ronshine Sunkwan Center, Minhang District, Shanghai, CHN, 200336

Website

http://www.rongxingroup.com

Ronshine China Holdings Ltd is an investment holding company. The firm with its subsidiaries develops mid to high end residential and commercial properties in cities in the Western Taiwan straits economic zone, Yangtze river delta economic region and selected first and second-tier cities in the PRC. The company derives the majority of its revenues from sales of properties.

Ronshine China Holdings Headlines

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