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Yixin Group (HKSE:02858) COGS-to-Revenue : 0.53 (As of Dec. 2023)


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What is Yixin Group COGS-to-Revenue?

Yixin Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2,207 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$4,202 Mil.

Yixin Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.53.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Yixin Group's Gross Margin % for the six months ended in Dec. 2023 was 47.47%.

Yixin Group COGS-to-Revenue Historical Data

The historical data trend for Yixin 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.

Yixin Group COGS-to-Revenue Chart

Yixin Group 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 0.52 0.53 0.49 0.44 0.51

Yixin Group Semi-Annual Data
Dec14 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 0.48 0.45 0.44 0.50 0.53

Yixin Group COGS-to-Revenue Calculation

Yixin 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
=3761.312 / 7312.974
=0.51

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

COGS to Revenue=Cost of Goods Sold / Revenue
=2207.341 / 4202.059
=0.53

* 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.

Yixin Group  (HKSE:02858) COGS-to-Revenue Explanation

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

Yixin 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 - 2207.341 / 4202.059
=47.47 %

* 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.

Yixin Group COGS-to-Revenue Related Terms

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Yixin Group (HKSE:02858) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Yixin Group Ltd (HKSE:02858) » Definitions » COGS-to-Revenue
Comparable Companies
HKSE:06069 HKSE:00086 HKSE:00373 HKSE:00900 HKSE:03903 HKSE:02003 HKSE:01543 HKSE:02666 HKSE:03848 HKSE:00431 V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
1YX:Germany
Address
No. 365 Linhong Road, 1 North, Zhongguancun Hongqiao Innovation Center, Changning District, Shanghai, CHN
Website
http://www.yixincars.com
Yixin Group Ltd is an online automobile retail transaction platform in China. The company operates in two segments namely Transaction platform services and Self-operated financing business. The transaction platform segment is comprised of facilitation and value-added services, and advertising and subscription services. Self-operated financing segment comprises financing lease services and operating lease services. The company generates a majority of its revenue from the Self-operated financing business.
Executives
Zhang Xuan 2101 Beneficial owner
Jd.com Investment Limited 2201 Interest of corporation controlled by you
Jd.com, Inc. 2201 Interest of corporation controlled by you
Liu Qiangdong Richard 2305 Beneficiary of a trust
Max Smart Limited 2201 Interest of corporation controlled by you
Jd Financial Investment Limited 2101 Beneficial owner
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Tsang Ling Kay Rodney 2501 Other
Tencent Holdings Limited 2201 Interest of corporation controlled by you
Hammer Capital Opportunities Fund L.p. 2201 Interest of corporation controlled by you
Cheung Siu Fai 2201 Interest of corporation controlled by you
Cheng Chi Kong 2201 Interest of corporation controlled by you
Woodbury Capital Management Limited 2201 Interest of corporation controlled by you
Silver Oryx Limited 2201 Interest of corporation controlled by you
Hammer Capital Partners Ltd. 2201 Interest of corporation controlled by you

Yixin Group (HKSE:02858) Headlines

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