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Gilston Group (HKSE:02011) Cost of Goods Sold : HK$157.9 Mil (TTM As of Dec. 2024)


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What is Gilston Group Cost of Goods Sold?

Gilston Group's cost of goods sold for the six months ended in Dec. 2024 was HK$86.4 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was HK$157.9 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Gilston Group's Gross Margin % for the six months ended in Dec. 2024 was 50.06%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Gilston Group's Inventory Turnover for the six months ended in Dec. 2024 was 2.20.


Gilston Group Cost of Goods Sold Historical Data

The historical data trend for Gilston 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.

Gilston Group Cost of Goods Sold Chart

Gilston Group 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 135.85 167.80 145.87 156.01 157.87

Gilston Group 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 61.06 80.79 75.22 71.48 86.39

Gilston 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$157.9 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.


Gilston Group  (HKSE:02011) Cost of Goods Sold Explanation

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

Gilston Group's Gross Margin % for the six months ended in Dec. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(172.99 - 86.391) / 172.99
=50.06 %

* 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:

Gilston Group's Inventory Turnover for the six months ended in Dec. 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.


Gilston Group Cost of Goods Sold Related Terms

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Gilston Group Business Description

Traded in Other Exchanges
N/A
Address
Nine Queen’s Road Central, Suite 10A and 10B, 15th Floor, Central, Hong Kong, HKG
Gilston Group Ltd is specialize in zipper design, development, production and sale. It is providing high-quality zipper products and zipper-based overall solutions for customers.
Executives
Zhong Guo Zhong Xin Jin Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
China Sun Corporation 2101 Beneficial owner
Qiu Chuanzhi 2201 Interest of corporation controlled by you
Central Eagle Limited 2101 Beneficial owner
Wu Jingming 2201 Interest of corporation controlled by you
Chan Ho Yin 2501 Other
Li Kin Long Kenny 2501 Other
Yip Siu Lun Dave 2101 Beneficial owner
Golden Diamond Inc. 2101 Beneficial owner
Lin Ping 2201 Interest of corporation controlled by you
Mak Yung Pan Andrew 2201 Interest of corporation controlled by you
Zhuang Weidong 2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Farco Holdings Limited 2101 Beneficial owner
Qi Wei 2201 Interest of corporation controlled by you

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