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FDG Electric Vehicles (FDG Electric Vehicles) Cost of Goods Sold : $78.24 Mil (TTM As of Sep. 2019)


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What is FDG Electric Vehicles Cost of Goods Sold?

FDG Electric Vehicles's cost of goods sold for the six months ended in Sep. 2019 was $57.99 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2019 was $78.24 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. FDG Electric Vehicles's Gross Margin % for the six months ended in Sep. 2019 was 6.73%.

Cost of Goods Sold is also directly linked to Inventory Turnover. FDG Electric Vehicles's Inventory Turnover for the six months ended in Sep. 2019 was 1.89.


FDG Electric Vehicles Cost of Goods Sold Historical Data

The historical data trend for FDG Electric Vehicles's Cost of Goods Sold 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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FDG Electric Vehicles Cost of Goods Sold Chart

FDG Electric Vehicles Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.04 28.24 131.50 108.27 40.63

FDG Electric Vehicles Semi-Annual Data
Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19
Cost of Goods Sold 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 32.59 75.80 20.41 20.25 57.99

FDG Electric Vehicles Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Sep. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was $78.24 Mil.

* 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.


FDG Electric Vehicles  (OTCPK:CAOHF) Cost of Goods Sold Explanation

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

FDG Electric Vehicles's Gross Margin % for the six months ended in Sep. 2019 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(62.172 - 57.986) / 62.172
=6.73 %

* 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.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

FDG Electric Vehicles's Inventory Turnover for the six months ended in Sep. 2019 is calculated as:

* 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


FDG Electric Vehicles Cost of Goods Sold Related Terms

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FDG Electric Vehicles (FDG Electric Vehicles) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Rooms 3001-3005, 30th Floor, China Resources Building, Wanchai, Hong Kong, HKG
FDG Electric Vehicles Ltd is a Hong Kong-based investment holding company principally engaged in the production and distribution of new energy electric vehicles and their core components. The group is principally engaged in research and development, production and sale of lithium-ion batteries and related products. In addition, it is also engaged in vehicle design, manufacture and sale of electric vehicles, leasing of electric vehicles. The company derives the majority of its revenue from selling lithium-ion batteries in China.

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