9F (JFU) COGS-to-Revenue : 0.32 (As of Dec. 2023)

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What is 9F COGS-to-Revenue?

9F's Cost of Goods Sold for the six months ended in Dec. 2023 was $6.74 Mil. Its Revenue for the six months ended in Dec. 2023 was $21.34 Mil.

9F's COGS to Revenue for the six months ended in Dec. 2023 was 0.32.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. 9F's Gross Margin % for the six months ended in Dec. 2023 was 68.43%.

9F COGS-to-Revenue Historical Data

The historical data trend for 9F'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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9F COGS-to-Revenue Chart

9F Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.26

0.43

0.14

0.21

0.28

9F Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial									0.05	0.34	0.02	0.26	0.32

9F COGS-to-Revenue Calculation

9F's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	16.131	/	57.764
	=	0.28

9F's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6.736	/	21.34
	=	0.32

9F (NAS:JFU) COGS-to-Revenue Explanation

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

9F'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	-	6.736 / 21.34
	=	68.43 %

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.

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9F (JFU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 9F Inc (NAS:JFU) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 West Laiguangying Road, Room 1207, Building No. 5, Chaoyang District, Beijing, CHN, 100012

Website

https://ir.9fgroup.com

9F Inc is a financial account platform integrating and personalizing financial services in China. It provides a range of financial products and services across online lending, wealth management, and payment facilitation, all integrated under a single digital financial account. The company generates the majority of its revenue from Loan facilitation services. All its revenues are generated from the People's Republic of China.