China Resources Mixc Lifestyle Services (HKSE:01209) COGS-to-Revenue : 0.69 (As of Dec. 2023)

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What is China Resources Mixc Lifestyle Services COGS-to-Revenue?

China Resources Mixc Lifestyle Services's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$6,051 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$8,721 Mil.

China Resources Mixc Lifestyle Services's COGS to Revenue for the six months ended in Dec. 2023 was 0.69.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Resources Mixc Lifestyle Services's Gross Margin % for the six months ended in Dec. 2023 was 30.62%.

China Resources Mixc Lifestyle Services COGS-to-Revenue Historical Data

The historical data trend for China Resources Mixc Lifestyle Services'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.

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China Resources Mixc Lifestyle Services COGS-to-Revenue Chart

China Resources Mixc Lifestyle Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.84

0.73

0.69

0.70

0.68

China Resources Mixc Lifestyle Services Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial							0.70	0.68	0.71	0.67	0.69

China Resources Mixc Lifestyle Services COGS-to-Revenue Calculation

China Resources Mixc Lifestyle Services's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11017.278	/	16151.78
	=	0.68

China Resources Mixc Lifestyle Services's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6050.954	/	8721.387
	=	0.69

China Resources Mixc Lifestyle Services (HKSE:01209) COGS-to-Revenue Explanation

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

China Resources Mixc Lifestyle Services'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	-	6050.954 / 8721.387
	=	30.62 %

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 Resources Mixc Lifestyle Services COGS-to-Revenue Related Terms

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China Resources Mixc Lifestyle Services (HKSE:01209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Mixc Lifestyle Services Ltd (HKSE:01209) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9668 Shennan Avenue, 30th Floor, China Resources Land Building, Tower B, Nanshan District, Shenzhen, CHN

Website

https://www.crmixclifestyle.com.cn

China Resources Mixc Lifestyle Services Ltd offers property management services. The business activities of the group function through two business segments namely the residential property management services segment and Commercial operational and property management services segment. Majority of revenue is generated from Commercial operational and property management services segment. The Group provides property management and value-added services to portfolios of residential properties, and also manages and operates a diversified and growing portfolio of commercial properties comprising shopping malls and office buildings. Geographically the company operates through the regions of China.

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