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Beijing Digital Telecom Co (HKSE:06188) Cost of Goods Sold : HK$18,178 Mil (TTM As of Jun. 2024)


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What is Beijing Digital Telecom Co Cost of Goods Sold?

Beijing Digital Telecom Co's cost of goods sold for the six months ended in Jun. 2024 was HK$9,906 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2024 was HK$18,178 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Beijing Digital Telecom Co's Gross Margin % for the six months ended in Jun. 2024 was 3.51%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Beijing Digital Telecom Co's Inventory Turnover for the six months ended in Jun. 2024 was 22.57.


Beijing Digital Telecom Co Cost of Goods Sold Historical Data

The historical data trend for Beijing Digital Telecom Co'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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Beijing Digital Telecom Co Cost of Goods Sold Chart

Beijing Digital Telecom Co 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 15,113.47 14,667.90 11,838.32 14,372.24 17,899.30

Beijing Digital Telecom Co 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 6,969.54 7,732.58 9,626.86 8,272.45 9,905.87

Beijing Digital Telecom Co 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$18,178 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.


Beijing Digital Telecom Co  (HKSE:06188) Cost of Goods Sold Explanation

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

Beijing Digital Telecom Co's Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(10265.726 - 9905.87) / 10265.726
=3.51 %

* 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:

Beijing Digital Telecom Co'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.


Beijing Digital Telecom Co Cost of Goods Sold Related Terms

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Beijing Digital Telecom Co Business Description

Traded in Other Exchanges
Address
Number 101, C Yi’an Business Building, 4th Floor, 18 Building Yi’an Jiayuan, Beiwa West, Haidian District, Beijing, CHN
Beijing Digital Telecom Co Ltd is a China-based company engaged in the sale of mobile telecommunications devices and accessories, the provision of value-added services for software, and the provision of personalized services and after-sales services for mobile phones. It also provides services of developing, consulting, and transferring of technologies related to computer and cyber engineering, telecommunication commerce, and the wholesale and maintenance of telecommunication devices. The company manages its business into one segment being the sale of mobile telecommunications devices. The company derives revenue from customers located in Mainland China, Spain, Bangladesh, India, Romania, and Bulgaria, of which key revenue is derived from Mainland China.
Executives
Zhu Hai Hua Fa Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Di Xin Tong Kong Gu You Xian Gong Si 2101 Beneficial owner
Xiang Gang Hua Fa Tou Zi Kong Gu You Xian Gong Si 2101 Beneficial owner
Yeung Wan Yiu 2201 Interest of corporation controlled by you
China Citic Bank Corporation Limited 2201 Interest of corporation controlled by you
Xi Yue Cultural Industry Investment Fund L.p. 2101 Beneficial owner
Vital Vision Limited 2101 Beneficial owner
Glorious Maple Limited 2101 Beneficial owner
Citic Limited 2201 Interest of corporation controlled by you
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic International Financial Holdings Limited 2201 Interest of corporation controlled by you
Citic International Assets Management Limited 2201 Interest of corporation controlled by you
Ybn Investments Limited 2101 Beneficial owner
Ybn International Holdings Limited 2201 Interest of corporation controlled by you
Ybn Holdings Limited 2201 Interest of corporation controlled by you

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