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Continental Aerospace Technologies Holding (HKSE:00232) Cost of Goods Sold : HK$1,329 Mil (TTM As of Jun. 2024)


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What is Continental Aerospace Technologies Holding Cost of Goods Sold?

Continental Aerospace Technologies Holding's cost of goods sold for the six months ended in Jun. 2024 was HK$581 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2024 was HK$1,329 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Continental Aerospace Technologies Holding's Gross Margin % for the six months ended in Jun. 2024 was 25.69%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Continental Aerospace Technologies Holding's Inventory Turnover for the six months ended in Jun. 2024 was 0.81.


Continental Aerospace Technologies Holding Cost of Goods Sold Historical Data

The historical data trend for Continental Aerospace Technologies Holding'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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Continental Aerospace Technologies Holding Cost of Goods Sold Chart

Continental Aerospace Technologies Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,064.61 1,093.76 1,157.03 1,262.61 1,328.68

Continental Aerospace Technologies Holding Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 542.71 632.37 630.24 580.95 747.73

Continental Aerospace Technologies Holding 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,329 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.


Continental Aerospace Technologies Holding  (HKSE:00232) Cost of Goods Sold Explanation

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

Continental Aerospace Technologies Holding's Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(781.805 - 580.954) / 781.805
=25.69 %

* 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:

Continental Aerospace Technologies Holding's Inventory Turnover for the six months ended in Jun. 2024 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.


Continental Aerospace Technologies Holding Cost of Goods Sold Related Terms

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Continental Aerospace Technologies Holding Business Description

Traded in Other Exchanges
Address
95 Queensway, Unit B, 15th Floor, United Centre, Hong Kong, HKG
Continental Aerospace Technologies Holding Ltd, formerly AVIC International Holding (HK) Ltd is a diversified company based in Hong Kong. It is engaged in the general aviation aircraft piston engine business, which engages in the design, development and production of general aviation aircraft piston engines and spare parts as well as the provision of aftermarket services and support for piston engines. The company generates most of the revenue from United States.
Executives
Avic Innovation Holding Limited 2201 Interest of corporation controlled by you
Aviation Industry Corporation Of China, Ltd 2201 Interest of corporation controlled by you
Avic International Holding Corporation 2201 Interest of corporation controlled by you

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