GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » EDA Group Holdings Ltd (HKSE:02505) » Definitions » Cost of Goods Sold

EDA Group Holdings (HKSE:02505) Cost of Goods Sold : HK$1,542 Mil (TTM As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is EDA Group Holdings Cost of Goods Sold?

EDA Group Holdings's cost of goods sold for the six months ended in Dec. 2024 was HK$866 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was HK$1,542 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. EDA Group Holdings's Gross Margin % for the six months ended in Dec. 2024 was 14.16%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


EDA Group Holdings Cost of Goods Sold Historical Data

The historical data trend for EDA Group 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.

* Premium members only.

EDA Group Holdings Cost of Goods Sold Chart

EDA Group Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
- 672.45 1,107.12 1,536.47

EDA Group Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Cost of Goods Sold Get a 7-Day Free Trial - 412.54 694.59 676.22 865.82

EDA Group 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,542 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.


EDA Group Holdings  (HKSE:02505) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1008.614 - 865.822) / 1008.614
=14.16 %

* 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:

EDA Group Holdings'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.


EDA Group Holdings Cost of Goods Sold Related Terms

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


EDA Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Xin’an Street, 21/F, Block A, Xingdong Community, Daoxing Science and Technology Innovation Centre, Bao’an District, Shenzhen, CHN
EDA Group Holdings Ltd is a one-stop end-to-end supply chain solutions provider for e-commerce vendors, empowering the fast-growing B2C export e-commerce industry in the PRC. It offers supply chain solutions that encompass cross-border logistics, overseas warehousing and fulfillment delivery services that are integrated into EDA Cloud, its self-developed cloud platform which houses a comprehensive range of digital supply management tools.
Executives
Sovereign Fiduciaries (hong Kong) Limited 2301 Trustee
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Ls Didi Network Technology Limited 2101 Beneficial owner
Skyline Investment International Limited 2201 Interest of corporation controlled by you
Edaurora Holdings Limited 2305 Beneficiary of a trust
Eda Shine International Limited 2101 Beneficial owner
Liu Yong 2501 Other
Zuo Manlun 2501 Other
Xi Xi Development Limited 2201 Interest of corporation controlled by you
Wong Luen Hei 2307 Founder of a discretionary trust who can infl
Tang Jia Jia 2501 Other
Samanea China Holdings Limited 2501 Other
Qian Yu Cheng 2501 Other
New Fortune Star Limited 2201 Interest of corporation controlled by you
Luo Jianfeng 2501 Other

EDA Group Holdings Headlines

No Headlines