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China Renewable Energy Investment (HKSE:00987) COGS-to-Revenue : 0.76 (As of Dec. 2023)


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What is China Renewable Energy Investment COGS-to-Revenue?

China Renewable Energy Investment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$63.2 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$83.5 Mil.

China Renewable Energy Investment's COGS to Revenue for the six months ended in Dec. 2023 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Renewable Energy Investment's Gross Margin % for the six months ended in Dec. 2023 was 24.33%.

China Renewable Energy Investment COGS-to-Revenue Historical Data

The historical data trend for China Renewable Energy Investment'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.

China Renewable Energy Investment COGS-to-Revenue Chart

China Renewable Energy Investment 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 0.62 0.63 0.55 0.67 0.71

China Renewable Energy Investment 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 0.59 0.60 0.76 0.67 0.76

China Renewable Energy Investment COGS-to-Revenue Calculation

China Renewable Energy Investment's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=129.192 / 181.337
=0.71

China Renewable Energy Investment's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=63.195 / 83.517
=0.76

* 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.

China Renewable Energy Investment  (HKSE:00987) COGS-to-Revenue Explanation

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

China Renewable Energy Investment'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 - 63.195 / 83.517
=24.33 %

* 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.

China Renewable Energy Investment COGS-to-Revenue Related Terms

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China Renewable Energy Investment (HKSE:00987) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Renewable Energy Investment Ltd (HKSE:00987) » Definitions » COGS-to-Revenue
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HKSE:01335 HKSE:00295 HKSE:00090 HKSE:01185 HKSE:08326 HKSE:01165 HKSE:00451 HKSE:01257 ISX:BREN CEG GEV BOM:541450 WBO:VER OCSE:ORSTED SHSE:600025 XPRA:CEZ SHSE:600905 SHSE:600886 XLIS:EDPR BSP:ELET3
Traded in Other Exchanges
N/A
Address
75 Mody Road, 9th Floor, Tower 1, South Seas Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
Website
https://www.cre987.com
China Renewable Energy Investment Ltd is an investment holding company. The principal activity of the group is the renewable energy business. It conducts a majority of its business operations in the People's Republic of China. The company's sales of electricity were all generated by the wind power plants and a distributed solar project of the group. Some of its projects are Danjinghe, Nanxun, Mudanjiang, and Songxian, among others.
Executives
Claudio Holdings Limited 2201 Interest of corporation controlled by you
Hkc (holdings) Limited 2201 Interest of corporation controlled by you
Oei Kang, Eric 2201 Interest of corporation controlled by you
Oei Valonia Lau 2202 Interest of your spouse
Genesis Capital Group Limited 2101 Beneficial owner
Creator Holdings Limited 2101 Beneficial owner

China Renewable Energy Investment (HKSE:00987) Headlines

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