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CMGE Technology Group (HKSE:00302) COGS-to-Revenue : 0.60 (As of Dec. 2023)


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What is CMGE Technology Group COGS-to-Revenue?

CMGE Technology Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$704 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$1,171 Mil.

CMGE Technology Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.60.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CMGE Technology Group's Gross Margin % for the six months ended in Dec. 2023 was 39.88%.

CMGE Technology Group COGS-to-Revenue Historical Data

The historical data trend for CMGE Technology Group's COGS-to-Revenue 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.

CMGE Technology Group COGS-to-Revenue Chart

CMGE Technology Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial 0.64 0.68 0.63 0.59 0.64

CMGE Technology Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.59 0.59 0.66 0.60

CMGE Technology Group COGS-to-Revenue Calculation

CMGE Technology Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=1818.716 / 2850.261
=0.64

CMGE Technology Group's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=703.883 / 1170.825
=0.60

* 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.

CMGE Technology Group  (HKSE:00302) COGS-to-Revenue Explanation

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

CMGE Technology Group's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 703.883 / 1170.825
=39.88 %

* 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.

CMGE Technology Group COGS-to-Revenue Related Terms

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CMGE Technology Group (HKSE:00302) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » CMGE Technology Group Ltd (HKSE:00302) » Definitions » COGS-to-Revenue
Comparable Companies
HKSE:02660 HKSE:00799 HKSE:01119 HKSE:06633 HKSE:03798 HKSE:06820 HKSE:02400 HKSE:09990 HKSE:00797 HKSE:09890 ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
N/A
Address
Zhongkang North Road, 10th Floor, Building No. 4, Zhuoyue Meilin Center Square, Futian District, Guangdong Province, Shenzhen, CHN
Website
https://www.cmge.com
CMGE is an IP-based mobile game developer and publisher in China with 55 licensed IPs and 68 proprietary IPs as of the end of 2021. The company has over 80 games on the shelf and over 20 games with lifecycles of over three years. Average monthly active users, or MAUs, of CMGE games reached 19.1 million in 2021. The market share of CMGE for online gaming grossing income in 2021 was around 1%.
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