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Hao Tian International Construction Investment Group (HKSE:01341) Cost of Goods Sold : HK$138.0 Mil (TTM As of Sep. 2023)


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What is Hao Tian International Construction Investment Group Cost of Goods Sold?

Hao Tian International Construction Investment Group's cost of goods sold for the six months ended in Sep. 2023 was HK$54.0 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2023 was HK$138.0 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hao Tian International Construction Investment Group's Gross Margin % for the six months ended in Sep. 2023 was 37.21%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Hao Tian International Construction Investment Group's Inventory Turnover for the six months ended in Sep. 2023 was 0.16.


Hao Tian International Construction Investment Group Cost of Goods Sold Historical Data

The historical data trend for Hao Tian International Construction Investment Group's Cost of Goods Sold 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.

Hao Tian International Construction Investment Group Cost of Goods Sold Chart

Hao Tian International Construction Investment Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only 148.78 129.00 127.00 144.00 164.00

Hao Tian International Construction Investment Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cost of Goods Sold 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 69.00 75.00 80.00 84.00 54.00

Hao Tian International Construction Investment Group Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$138.0 Mil.

* 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.


Hao Tian International Construction Investment Group  (HKSE:01341) Cost of Goods Sold Explanation

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

Hao Tian International Construction Investment Group's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(86 - 54) / 86
=37.21 %

* 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.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Hao Tian International Construction Investment Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as:

* 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


Hao Tian International Construction Investment Group Cost of Goods Sold Related Terms

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Hao Tian International Construction Investment Group (HKSE:01341) Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, Rooms 2510-2518, 25th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
Hao Tian International Construction Investment Group Ltd is an investment holding company. The company's operating segment includes the Rental and sale of construction machinery and spare parts business which generates majority revenue to the business; Provision of repair and maintenance and transportation service business; Money lending business; Provision of asset management, securities brokerage, commodities, futures, and other financial services business and Property development business. The company operates in Hong Kong, The People's Republic of China, Macau, and Cambodia geographically.
Executives
Aceso Life Science Group Limited 2201 Interest of corporation controlled by you
Asia Link Capital Investment Holdings Limited 2201 Interest of corporation controlled by you
Win Team Investments Limited 2201 Interest of corporation controlled by you
Hao Tian Management (china) Limited 2101 Beneficial owner
Li Shao Yu 2201 Interest of corporation controlled by you
Yi Tai Gu Fen Xiang Gang You Xian Gong Si 2101 Beneficial owner
Nei Meng Gu Yi Tai Mei Tan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Lin Yuan 2101 Beneficial owner
Hao Tian Management (hong Kong) Limited 2101 Beneficial owner
Central Huijin Investment Ltd. 2106 Person having a security interest in shares
China Construction Bank Corporation 2106 Person having a security interest in shares
Su Junhao 2101 Beneficial owner
Soaring Wealth Ventures Limited 2101 Beneficial owner

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