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Leadway Technology Investment Group (HKSE:02086) Cost of Goods Sold : HK$38.42 Mil (TTM As of Jun. 2024)


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What is Leadway Technology Investment Group Cost of Goods Sold?

Leadway Technology Investment Group's cost of goods sold for the six months ended in Jun. 2024 was HK$22.65 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2024 was HK$38.42 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Leadway Technology Investment Group's Gross Margin % for the six months ended in Jun. 2024 was 52.02%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Leadway Technology Investment Group's Inventory Turnover for the six months ended in Jun. 2024 was 0.84.


Leadway Technology Investment Group Cost of Goods Sold Historical Data

The historical data trend for Leadway Technology Investment 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.

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Leadway Technology Investment Group Cost of Goods Sold Chart

Leadway Technology Investment 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 74.37 57.53 45.80 45.64 36.95

Leadway Technology Investment Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 21.77 23.87 21.18 15.77 22.65

Leadway Technology Investment 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$38.42 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.


Leadway Technology Investment Group  (HKSE:02086) Cost of Goods Sold Explanation

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

Leadway Technology Investment Group's Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(47.21 - 22.649) / 47.21
=52.02 %

* 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:

Leadway Technology Investment Group'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.


Leadway Technology Investment Group Cost of Goods Sold Related Terms

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Leadway Technology Investment Group Business Description

Traded in Other Exchanges
N/A
Address
Manhattan Place, 23 Wang Tai Road, Units 4108-4110, 41st Floor, Kowloon Bay, Hong Kong, HKG
Leadway Technology Investment Group Ltd is smart card reader supplier and is into the research and development of smart card operating systems and readers. The company is engaged in the financial technology and smart living business, which is for the development, sales and distribution of smart card products, software and hardware and the provision of smart card related services. Geographically, the company operates in Europe, Asia Pacific, The Americas and Middle East and Africa. It derives maximum revenue from Europe.
Executives
Mars Enterprise Holdings Limited 2201 Interest of corporation controlled by you
Megacore Development Limited 2101 Beneficial owner
Megacore International Innovation Limited 2201 Interest of corporation controlled by you
Zhang Xueqin 2201 Interest of corporation controlled by you
Zhong Zhao Investment Holdings Limited 2201 Interest of corporation controlled by you
Mai Zhaoping 2201 Interest of corporation controlled by you
Mars Development Limited 2101 Beneficial owner
Qiu Yong 2201 Interest of corporation controlled by you
Sun Speed Holdings Limited 2201 Interest of corporation controlled by you
Premium Financial Limited 2106 Person having a security interest in shares
Hna Ecotech Pioneer Acquisition 2101 Beneficial owner
Ci Hang Dong Xi Fang Wen Jiao Jiao Liu Ji Jin Hui You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Nan Jiao Guan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Hang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Sheng Tang Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you

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