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China Merchants Shekou Industrial Zone Holdings Co (SZSE:001979) COGS-to-Revenue : 0.85 (As of Mar. 2024)


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What is China Merchants Shekou Industrial Zone Holdings Co COGS-to-Revenue?

China Merchants Shekou Industrial Zone Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥20,304 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥23,747 Mil.

China Merchants Shekou Industrial Zone Holdings Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.85.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Merchants Shekou Industrial Zone Holdings Co's Gross Margin % for the three months ended in Mar. 2024 was 14.50%.


China Merchants Shekou Industrial Zone Holdings Co COGS-to-Revenue Historical Data

The historical data trend for China Merchants Shekou Industrial Zone 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.

* Premium members only.

China Merchants Shekou Industrial Zone Holdings Co COGS-to-Revenue Chart

China Merchants Shekou Industrial Zone Holdings Co 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 0.65 0.71 0.75 0.81 0.84

China Merchants Shekou Industrial Zone Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only 0.87 0.82 0.78 0.86 0.85

China Merchants Shekou Industrial Zone Holdings Co COGS-to-Revenue Calculation

China Merchants Shekou Industrial Zone Holdings Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=147204.434 / 175007.558
=0.84

China Merchants Shekou Industrial Zone Holdings Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=20303.65 / 23747.479
=0.85

* 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.


China Merchants Shekou Industrial Zone Holdings Co  (SZSE:001979) COGS-to-Revenue Explanation

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

China Merchants Shekou Industrial Zone Holdings Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 20303.65 / 23747.479
=14.50 %

* 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.


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China Merchants Shekou Industrial Zone Holdings Co (SZSE:001979) Business Description

Traded in Other Exchanges
N/A
Address
Hing Wah Road, No. 6, South China Sea, Building 3, Nanshan District, Shekou, Guangdong Province, Shenzhen, CHN, 518067
China Merchants Shekou Industrial Zone Holdings Co Ltd is engaged in the investment and construction business. Business activity is primarily operated in three segments Industrial parks, Communities, and Cruise business. Community segment provides quality residential real-estates for family level customers under the brand of China Merchants. Industrial Park Development segment is mainly involved in the development and operation of the theme industrial parks, characteristic industrial belts, and the ecological zones. Cruise segment is mainly involved in the construction, operation, and management of Shekou Cruise Terminal. Geographically it operates through China, however business presence can also be seen in the international market.

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