Ningbo Joyson Electronic (SHSE:600699) COGS-to-Revenue : 0.84 (As of Mar. 2024)

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What is Ningbo Joyson Electronic COGS-to-Revenue?

Ningbo Joyson Electronic's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥11,218 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥13,278 Mil.

Ningbo Joyson Electronic's COGS to Revenue for the three months ended in Mar. 2024 was 0.84.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ningbo Joyson Electronic's Gross Margin % for the three months ended in Mar. 2024 was 15.51%.

Ningbo Joyson Electronic COGS-to-Revenue Historical Data

The historical data trend for Ningbo Joyson Electronic'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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Ningbo Joyson Electronic COGS-to-Revenue Chart

Ningbo Joyson Electronic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.84

0.87

0.88

0.85

Ningbo Joyson Electronic Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.87	0.86	0.85	0.82	0.84

Ningbo Joyson Electronic COGS-to-Revenue Calculation

Ningbo Joyson Electronic's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	47319.215	/	55728.476
	=	0.85

Ningbo Joyson Electronic's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11218.176	/	13277.538
	=	0.84

Ningbo Joyson Electronic (SHSE:600699) COGS-to-Revenue Explanation

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

Ningbo Joyson Electronic's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	11218.176 / 13277.538
	=	15.51 %

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.

Ningbo Joyson Electronic COGS-to-Revenue Related Terms

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Ningbo Joyson Electronic (SHSE:600699) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo Joyson Electronic Corp (SHSE:600699) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1266 Road, Zhejiang Province, High-tech Zone, Ningbo, CHN, 136200

Website

http://www.joyson.cn

Ningbo Joyson Electronic Corp is an automotive supplier. Some of the products that the company caters to the global automotive industry are - Driver controls, Climate control, Sensor systems, Electronic control units, Car connect, Active safety, Passive safety, Air Intake systems, Washer systems, Air management systems, Mirror systems, Front griller, Fuel tank door, and Steering wheel.

Executives

Wang Jian Feng	Director
Zhou Gui Tian	Supervisors
Liu Guang Quan	Supervisors
Jian Shi Hui Fu Zhu Xi	Supervisors

Ningbo Joyson Electronic (SHSE:600699) Headlines

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