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Morris Home Holdings (HKSE:01575) COGS-to-Revenue : 0.56 (As of Dec. 2023)


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What is Morris Home Holdings COGS-to-Revenue?

Morris Home Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$60.0 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$108.0 Mil.

Morris Home Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.56.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Morris Home Holdings's Gross Margin % for the six months ended in Dec. 2023 was 44.46%.


Morris Home Holdings COGS-to-Revenue Historical Data

The historical data trend for Morris Home 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.

* Premium members only.

Morris Home Holdings COGS-to-Revenue Chart

Morris Home Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.90 0.80 0.98 0.63

Morris Home Holdings Semi-Annual Data
Dec13 Dec14 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 1.08 0.92 0.71 0.56

Morris Home Holdings COGS-to-Revenue Calculation

Morris Home 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
=129.625 / 205.603
=0.63

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

COGS to Revenue=Cost of Goods Sold / Revenue
=59.974 / 107.978
=0.56

* 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.


Morris Home Holdings  (HKSE:01575) COGS-to-Revenue Explanation

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

Morris Home 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 - 59.974 / 107.978
=44.46 %

* 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.

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.


Morris Home Holdings COGS-to-Revenue Related Terms

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Morris Home Holdings (HKSE:01575) Business Description

Traded in Other Exchanges
N/A
Address
No. 258, Shengli Road, Maqiao Street, Haining City, Zhejiang Province, Jiaxing City, CHN
Morris Home Holdings Ltd is an investment holding company engaged in the manufacturing and marketing of sofas, sofa covers, and other furniture products. The company's operating segment includes Retail and Manufacturing. It generates maximum revenue from the Retail segment. Geographically, it derives revenue from the Peoples Republic of China.
Executives
Morris Capital Limited 2101 Beneficial owner
Wu Xiangfei 2202 Interest of your spouse
Zou Gebing 2201 Interest of corporation controlled by you
Chen Jie 2106 Person having a security interest in shares
Century Icon Holdings Limited 2101 Beneficial owner
Tse Kam Pang 2201 Interest of corporation controlled by you
Morris Esop Development Limited 2306 Nominee for another person
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Morris Capital Ltd. 2101 Beneficial owner

Morris Home Holdings (HKSE:01575) Headlines

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