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Evergreen Products Group (HKSE:01962) Cost of Goods Sold : HK$746.0 Mil (TTM As of Dec. 2023)


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What is Evergreen Products Group Cost of Goods Sold?

Evergreen Products Group's cost of goods sold for the six months ended in Dec. 2023 was HK$376.8 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was HK$746.0 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Evergreen Products Group's Gross Margin % for the six months ended in Dec. 2023 was 24.64%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Evergreen Products Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.78.


Evergreen Products Group Cost of Goods Sold Historical Data

The historical data trend for Evergreen Products Group'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.

Evergreen Products Group Cost of Goods Sold Chart

Evergreen Products Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 520.40 737.55 958.61 843.28 746.01

Evergreen Products Group Semi-Annual Data
Dec14 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 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 527.13 427.70 415.58 369.19 376.82

Evergreen Products Group 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$746.0 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.


Evergreen Products Group  (HKSE:01962) Cost of Goods Sold Explanation

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

Evergreen Products Group's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(500.047 - 376.817) / 500.047
=24.64 %

* 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:

Evergreen Products Group's Inventory Turnover for the six months ended in Dec. 2023 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.


Evergreen Products Group Cost of Goods Sold Related Terms

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Evergreen Products Group (HKSE:01962) Business Description

Traded in Other Exchanges
N/A
Address
30-32 Kung Yip Street, 11th Floor, Chiap Luen Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Evergreen Products Group Ltd is a manufacturer of hair goods. The group designs, manufacture and sell a wide range of hair goods made with synthetic fibers and human hair, including wigs, hairpieces, braids, and high-end human hair extensions. It boasts a comprehensive product portfolio targeted at different ethnic groups and the Halloween market. Its geographical segments are the United States, China, Bangladesh, United Kingdom, Japan, Germany, and others, of which the majority of its revenue comes from Bangladesh.
Executives
Seavi Advent Investments Ltd 2101 Beneficial owner
Clc Investment Worldwide Limited 2201 Interest of corporation controlled by you
Evergreen Enterprise Holdings Limited 2101 Beneficial owner
Fc Investment Worldwide Limited 2201 Interest of corporation controlled by you
Golden Evergreen Limited 2201 Interest of corporation controlled by you
Hsbc International Trustee Limited 2301 Trustee
Chang Yoe Chong Felix 2101 Beneficial owner
Wong Hor Yan 2202 Interest of your spouse
Chang Chih Lung 2307 Founder of a discretionary trust who can infl
Precision Global Capital Management Llc 2102 Investment manager

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