Kaixin Holdings (STU:K640) COGS-to-Revenue : 0.99 (As of Dec. 2023)

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What is Kaixin Holdings COGS-to-Revenue?

Kaixin Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €11.49 Mil. Its Revenue for the six months ended in Dec. 2023 was €11.63 Mil.

Kaixin Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.99.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Kaixin Holdings's Gross Margin % for the six months ended in Dec. 2023 was 1.21%.

Kaixin Holdings COGS-to-Revenue Historical Data

The historical data trend for Kaixin 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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Kaixin Holdings COGS-to-Revenue Chart

Kaixin Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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1.00

0.98

0.99

Kaixin Holdings Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial									0.98	0.99	0.99	0.99	0.99

Kaixin Holdings COGS-to-Revenue Calculation

Kaixin 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
	=	28.604	/	28.918
	=	0.99

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11.486	/	11.627
	=	0.99

Kaixin Holdings (STU:K640) COGS-to-Revenue Explanation

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

Kaixin 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	-	11.486 / 11.627
	=	1.21 %

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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Kaixin Holdings (STU:K640) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kaixin Holdings (STU:K640) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

KXIN:USA

Address

Huagong Road, 9th Floor, Tower A, Dongjin International Center, Chaoyang District, Beijing, CHN, 100015

Website

https://ir.kaixin.com

Kaixin Auto Holdings is an auto retail platform for luxury used cars and imported new cars. The company is actively engaged in the research and development, design, manufacturing, and sales of electric vehicles and promotes the innovation of next-generation autonomous driving and artificial intelligence technologies. The company primarily generates revenues from sales of used cars, as well as fees obtained from its role as a channel partner for third-party auto financing and other value-added service providers.

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