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KRP Development Holdings (HKSE:02421) Cost of Goods Sold : HK$97.5 Mil (TTM As of Sep. 2024)


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What is KRP Development Holdings Cost of Goods Sold?

KRP Development Holdings's cost of goods sold for the six months ended in Sep. 2024 was HK$44.7 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was HK$97.5 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. KRP Development Holdings's Gross Margin % for the six months ended in Sep. 2024 was 61.04%.

Cost of Goods Sold is also directly linked to Inventory Turnover. KRP Development Holdings's Inventory Turnover for the six months ended in Sep. 2024 was 0.04.


KRP Development Holdings Cost of Goods Sold Historical Data

The historical data trend for KRP Development Holdings'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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KRP Development Holdings Cost of Goods Sold Chart

KRP Development Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Cost of Goods Sold
146.84 192.58 232.48 209.37 88.16

KRP Development Holdings Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only 132.60 74.31 34.91 52.80 44.72

KRP Development Holdings 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$97.5 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.


KRP Development Holdings  (HKSE:02421) Cost of Goods Sold Explanation

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

KRP Development Holdings's Gross Margin % for the six months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(114.788 - 44.716) / 114.788
=61.04 %

* 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:

KRP Development Holdings's Inventory Turnover for the six months ended in Sep. 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.


KRP Development Holdings Cost of Goods Sold Related Terms

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KRP Development Holdings Business Description

Traded in Other Exchanges
N/A
Address
611–619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
KRP Development Holdings Ltd is a boutique residential property developer, It is principally engaged in development and sales of residential properties in the fast-developing residential markets in Dongguan, Huizhou and Foshan. It has developed two product series for homebuyers, namely, Villas series, targeting middle income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.
Executives
Tmf (b.v.i.) Ltd. 2201 Interest of corporation controlled by you
New Sense Enterprises Limited 2101 Beneficial owner
Castfast Properties Development Co., Limited 2101 Beneficial owner
Honford Investments Limited 2201 Interest of corporation controlled by you
The Wedding City Co. Limited 2101 Beneficial owner
Ho Cheuk Fai 2201 Interest of corporation controlled by you
Ho Po Chu 2201 Interest of corporation controlled by you
Ho Cheuk Ming 2201 Interest of corporation controlled by you

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