China Chunlai Education Group Co (HKSE:01969) COGS-to-Revenue : 0.44 (As of Aug. 2023)

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What is China Chunlai Education Group Co COGS-to-Revenue?

China Chunlai Education Group Co's Cost of Goods Sold for the six months ended in Aug. 2023 was HK$357 Mil. Its Revenue for the six months ended in Aug. 2023 was HK$809 Mil.

China Chunlai Education Group Co's COGS to Revenue for the six months ended in Aug. 2023 was 0.44.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Chunlai Education Group Co's Gross Margin % for the six months ended in Aug. 2023 was 55.93%.

China Chunlai Education Group Co COGS-to-Revenue Historical Data

The historical data trend for China Chunlai Education Group Co'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 Chunlai Education Group Co COGS-to-Revenue Chart

China Chunlai Education Group Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

COGS-to-Revenue

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0.48

0.47

0.39

0.37

0.41

China Chunlai Education Group Co Semi-Annual Data
	Aug15	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
COGS-to-Revenue	Get a 7-Day Free Trial												0.37	0.36	0.37	0.44	0.39

China Chunlai Education Group Co COGS-to-Revenue Calculation

China Chunlai Education Group Co's COGS to Revenue for the fiscal year that ended in Aug. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	656.356	/	1617.347
	=	0.41

China Chunlai Education Group Co's COGS to Revenue for the quarter that ended in Aug. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	356.541	/	808.966
	=	0.44

China Chunlai Education Group Co (HKSE:01969) COGS-to-Revenue Explanation

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

China Chunlai Education Group Co's Gross Margin % for the six months ended in Aug. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	356.541 / 808.966
	=	55.93 %

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 Chunlai Education Group Co COGS-to-Revenue Related Terms

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China Chunlai Education Group Co (HKSE:01969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Chunlai Education Group Co Ltd (HKSE:01969) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 66, Beihai East Road, Henan Province, Shangqiu, CHN, 476000

Website

https://www.chunlaiedu.com

China Chunlai Education Group Co Ltd is an investment holding company. The company through its subsidiaries is engaged in the operation of private higher education institutions. It generates revenue from tuition fees and Boarding fees. Geographically, it derives revenue from China.

Executives

Hou Junyu	2201 Interest of corporation controlled by you
Chunlai Investment Co., Ltd.	2101 Beneficial owner
Xiang Rong International Limited	2101 Beneficial owner

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