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Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Cost of Goods Sold : ¥8,616 Mil (TTM As of Mar. 2025)


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What is Shanxi Xinghuacun Fen Wine Factory Co Cost of Goods Sold?

Shanxi Xinghuacun Fen Wine Factory Co's cost of goods sold for the three months ended in Mar. 2025 was ¥3,503 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2025 was ¥8,616 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shanxi Xinghuacun Fen Wine Factory Co's Gross Margin % for the three months ended in Mar. 2025 was 78.8%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Shanxi Xinghuacun Fen Wine Factory Co's Inventory Turnover for the three months ended in Mar. 2025 was 0.27.


Shanxi Xinghuacun Fen Wine Factory Co Cost of Goods Sold Historical Data

The historical data trend for Shanxi Xinghuacun Fen Wine Factory 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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Shanxi Xinghuacun Fen Wine Factory Co Cost of Goods Sold Chart

Shanxi Xinghuacun Fen Wine Factory Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,895.51 5,010.58 6,459.92 7,884.35 8,569.68

Shanxi Xinghuacun Fen Wine Factory Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3,457.07 1,845.34 2,213.62 1,053.64 3,503.11

Shanxi Xinghuacun Fen Wine Factory 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥8,616 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.


Shanxi Xinghuacun Fen Wine Factory Co  (SHSE:600809) Cost of Goods Sold Explanation

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

Shanxi Xinghuacun Fen Wine Factory Co's Gross Margin % for the three months ended in Mar. 2025 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(16522.646 - 3503.108) / 16522.646
=78.8 %

* 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:

Shanxi Xinghuacun Fen Wine Factory Co's Inventory Turnover for the three months ended in Mar. 2025 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.


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Shanxi Xinghuacun Fen Wine Factory Co Business Description

Traded in Other Exchanges
N/A
Address
Xinghua Village, Fenyang County, Shanxi, Lvliang, CHN, 032205
Shanxi Fen Wine, or Fen Wine, is a typical light-flavored baijiu, featuring a fresher, lighter, and purer-taste compared with jiang-flavored and rich-flavored spirits. The company offers a comprehensive product portfolio, covering sub-premium, mid- to high range, and low-end products. The mid- to high-end baijiu contributed about 96% of the company's sales revenue in 2023, including sub-premium brand Qinghua, midrange products Panama and Laobaifen. The State-Owned Assets Supervision and Administration Commission of Shanxi province controls 51% of Fen Wine.
Executives
Du Xiao Wei senior management
Zhang Yong Yong senior management
Gao Zhi Feng senior management
Li Jun senior management
Wang Tao senior management
Ma Shi Biao senior management
Li Cheng Gang senior management
Wu Shi Jie senior management
Wu Ai Dong senior management
Hao Guang Ling senior management
Song Qing Nian senior management
Yang Bo Director
Li Ming Qiang Director
Zhao Hai Gen Supervisors
Zhao Ling senior management

Shanxi Xinghuacun Fen Wine Factory Co Headlines

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