Zhongsheng Group Holdings (HKSE:00881) COGS-to-Revenue : 0.93 (As of Dec. 2023)

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What is Zhongsheng Group Holdings COGS-to-Revenue?

Zhongsheng Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$99,090 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$106,521 Mil.

Zhongsheng Group Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.93.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhongsheng Group Holdings's Gross Margin % for the six months ended in Dec. 2023 was 6.98%.

Zhongsheng Group Holdings COGS-to-Revenue Historical Data

The historical data trend for Zhongsheng Group 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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Zhongsheng Group Holdings COGS-to-Revenue Chart

Zhongsheng Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.91

0.89

0.91

0.92

Zhongsheng Group Holdings 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															0.89	0.90	0.92	0.91	0.93

Zhongsheng Group Holdings COGS-to-Revenue Calculation

Zhongsheng Group 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
	=	181048.595	/	196103.718
	=	0.92

Zhongsheng Group Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	99089.677	/	106521.369
	=	0.93

Zhongsheng Group Holdings (HKSE:00881) COGS-to-Revenue Explanation

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

Zhongsheng Group Holdings'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	-	99089.677 / 106521.369
	=	6.98 %

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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Zhongsheng Group Holdings (HKSE:00881) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhongsheng Group Holdings Ltd (HKSE:00881) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ZSHGY:USA 5Z0:Germany

Address

No. 20 Hequ Street, Shahekou District, Dalian, CHN, 116000

Website

https://www.zs-group.com.cn

Zhongsheng Group Holdings Ltd is an automobile dealer in China. The company is focused on luxury and mid-to-high end automobile brands including luxury brands of Mercedes-Benz, Lexus and Audi, Porsche and Landrover, and mid-to-high end brands of Toyota, Nissan, and Volkswagen, Chrysler. It provides sales and services for motor vehicles.

Zhongsheng Group Holdings (HKSE:00881) Headlines

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