GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tailam Tech Construction Holdings Ltd (HKSE:06193) » Definitions » Cost of Goods Sold

Tailam Tech Construction Holdings (HKSE:06193) Cost of Goods Sold : HK$178.8 Mil (TTM As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Tailam Tech Construction Holdings Cost of Goods Sold?

Tailam Tech Construction Holdings's cost of goods sold for the six months ended in Jun. 2024 was HK$67.6 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2024 was HK$178.8 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tailam Tech Construction Holdings's Gross Margin % for the six months ended in Jun. 2024 was 9.15%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Tailam Tech Construction Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 4.25.


Tailam Tech Construction Holdings Cost of Goods Sold Historical Data

The historical data trend for Tailam Tech Construction 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.

Tailam Tech Construction Holdings Cost of Goods Sold Chart

Tailam Tech Construction Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only 437.13 534.38 316.36 231.82 178.28

Tailam Tech Construction Holdings Semi-Annual Data
Dec16 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 166.88 120.08 111.74 67.57 111.26

Tailam Tech Construction 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$178.8 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.


Tailam Tech Construction Holdings  (HKSE:06193) Cost of Goods Sold Explanation

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

Tailam Tech Construction Holdings's Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(74.378 - 67.569) / 74.378
=9.15 %

* 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:

Tailam Tech Construction Holdings'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.


Tailam Tech Construction Holdings Cost of Goods Sold Related Terms

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


Tailam Tech Construction Holdings Business Description

Traded in Other Exchanges
N/A
Address
Yuanbei Village, Wangbao Town, Nantong, Jiangsu Province, Qidong, Nantong, CHN
Tailam Tech Construction Holdings Ltd is engaged in the manufacturing and sale of pre-stressed high-strength concrete piles and commercial concrete in the People's Republic of China. It sells its products to property developers and construction companies. Geographically, it derives revenue from the People's Republic of China.
Executives
Glorycore Investment Holdings Limited
Wong Leung Yau 2201 Interest of corporation controlled by you
Apax Investment Holdings Limited 2101 Beneficial owner
Ma Wai Kwok 2202 Interest of your spouse
Wong Han Yu Alice 2201 Interest of corporation controlled by you
Ruan Yu Hang 2202 Interest of your spouse
Wang Chao Hong 2201 Interest of corporation controlled by you

Tailam Tech Construction Holdings Headlines

No Headlines