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Fortune Real Estate Investment Trust (HKSE:00778) COGS-to-Revenue : 0.36 (As of Dec. 2023)


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What is Fortune Real Estate Investment Trust COGS-to-Revenue?

Fortune Real Estate Investment Trust's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$314 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$877 Mil.

Fortune Real Estate Investment Trust's COGS to Revenue for the six months ended in Dec. 2023 was 0.36.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Fortune Real Estate Investment Trust's Gross Margin % for the six months ended in Dec. 2023 was 64.18%.

Fortune Real Estate Investment Trust COGS-to-Revenue Historical Data

The historical data trend for Fortune Real Estate Investment Trust'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.

Fortune Real Estate Investment Trust COGS-to-Revenue Chart

Fortune Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.33 0.33 0.34 0.34

Fortune Real Estate Investment Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.34 0.34 0.33 0.36

Fortune Real Estate Investment Trust COGS-to-Revenue Calculation

Fortune Real Estate Investment Trust's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=609.76 / 1785.894
=0.34

Fortune Real Estate Investment Trust's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=314.175 / 877.206
=0.36

* 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.

Fortune Real Estate Investment Trust  (HKSE:00778) COGS-to-Revenue Explanation

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

Fortune Real Estate Investment Trust'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 - 314.175 / 877.206
=64.18 %

* 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.

Fortune Real Estate Investment Trust COGS-to-Revenue Related Terms

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Fortune Real Estate Investment Trust (HKSE:00778) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fortune Real Estate Investment Trust (HKSE:00778) » Definitions » COGS-to-Revenue
Comparable Companies
HKSE:02778 SPG O KIM HKSE:00823 REG ASX:SCG XPAR:URW SGX:C38U FRT NNN XPAR:LI BRX ASX:VCX ADC KRG PECO TSE:8953 TSX:REI.UN MAC
Traded in Other Exchanges
FRIVF:USA
Address
5 Temasek Boulevard, No. 12-01, Suntec Tower 5, Singapore, SGP, 038985
Website
https://www.fortunereit.com
Fortune Real Estate Investment Trust is a real estate company that invests in retail shopping malls located in Hong Kong and Singapore with the primary objective of producing stable distributions for unitholders and achieving long-term growth in the net asset value per unit. The trust generates the majority of its revenue from rents and leases, with the remaining revenue from utility charges, management fees, car park revenue, license fees, and other sources. Fortune REIT's tenants include supermarkets, banking, and real estate services companies, restaurants, convenience stores, and general retailers.
Executives
Ck Asset Holdings Limited
Li Ka-shing

Fortune Real Estate Investment Trust (HKSE:00778) Headlines

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