Lerado Financial Group Co (HKSE:01225) Cost of Goods Sold : HK$59.4 Mil (TTM As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Lerado Financial Group Co Cost of Goods Sold?

Lerado Financial Group Co's cost of goods sold for the six months ended in Dec. 2023 was HK$29.3 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was HK$59.4 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lerado Financial Group Co's Gross Margin % for the six months ended in Dec. 2023 was 73.72%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Lerado Financial Group Co's Inventory Turnover for the six months ended in Dec. 2023 was 2.10.

Lerado Financial Group Co Cost of Goods Sold Historical Data

The historical data trend for Lerado Financial Group Co'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.

* Premium members only.

Lerado Financial Group Co Cost of Goods Sold Chart

Lerado Financial Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cost of Goods Sold

Get a 7-Day Free Trial

78.92

47.05

67.61

72.87

59.43

Lerado Financial Group Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cost of Goods Sold	Get a 7-Day Free Trial															43.83	36.02	36.85	30.10	29.33

Lerado Financial Group Co 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$59.4 Mil.

Lerado Financial Group Co (HKSE:01225) Cost of Goods Sold Explanation

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

Lerado Financial Group Co's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(111.62	-	29.332)	/	111.62
	=	73.72 %

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:

Lerado Financial Group Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.332	/	13.995
	=	2.10

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.

Lerado Financial Group Co Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Lerado Financial Group Co's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.

Lerado Financial Group Co (HKSE:01225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Lerado Financial Group Co Ltd (HKSE:01225) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

N/A

Address

59-67 Bonham Strand West, Flat F&G, 4th Floor., Golden Sun Centre, Sheung Wan, Hong Kong, HKG

Website

http://www.lerado.com

Lerado Financial Group Co Ltd is an investment holding company. It is engaged in providing financial services including, securities broking, margin financing, and money lending as well as manufacturing and distributing children's plastic toys and medical care products like mobility aid and other medical equipment. The operating segments of the group are Medical products and plastic toys business; Securities brokerage business and asset management services; and Money lending business and other financial services. It derives key revenue from the Medical products and plastic toys business segment which involves the manufacturing and distribution of medical care products and plastic toys. It has a business presence in Hong Kong, Europe, the U.S., the PRC, Australia, South America, and others.

Lerado Financial Group Co (HKSE:01225) Headlines

No Headlines