JIANGSU LOPAL TECH Co (SHSE:603906) COGS-to-Revenue : 0.95 (As of Mar. 2024)

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What is JIANGSU LOPAL TECH Co COGS-to-Revenue?

JIANGSU LOPAL TECH Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,399 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,474 Mil.

JIANGSU LOPAL TECH Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.95.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. JIANGSU LOPAL TECH Co's Gross Margin % for the three months ended in Mar. 2024 was 5.14%.

JIANGSU LOPAL TECH Co COGS-to-Revenue Historical Data

The historical data trend for JIANGSU LOPAL TECH 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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JIANGSU LOPAL TECH Co COGS-to-Revenue Chart

JIANGSU LOPAL TECH Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.65

0.68

0.73

0.82

1.00

JIANGSU LOPAL TECH Co 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															0.93	1.21	0.89	1.03	0.95

JIANGSU LOPAL TECH Co COGS-to-Revenue Calculation

JIANGSU LOPAL TECH Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8740.608	/	8729.479
	=	1.00

JIANGSU LOPAL TECH Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1398.755	/	1474.474
	=	0.95

JIANGSU LOPAL TECH Co (SHSE:603906) COGS-to-Revenue Explanation

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

JIANGSU LOPAL TECH Co'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	-	1398.755 / 1474.474
	=	5.14 %

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.

JIANGSU LOPAL TECH Co COGS-to-Revenue Related Terms

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JIANGSU LOPAL TECH Co (SHSE:603906) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » JIANGSU LOPAL TECH Co Ltd (SHSE:603906) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Hengtong road, Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 210038

Website

http://www.lopal.com.cn

JIANGSU LOPAL TECH Co Ltd operates as a lubricant company in China. It provides automotive and industrial lubricants and automotive chemicals. Its products line includes motor gasoline engine oil, diesel oil, 3ECARE car maintenance products, vehicles, gear oil, hydraulic oil, antifreeze, brake fluid, grease, oil motorcycle, engineering machinery lubricants, and industrial lubricants.

Executives

Zhang Yi	senior management
Lv Zhen Ya	Director
Shen Zhi Yong	Director
Qin Jian	Directors, senior managers
Zhu Xiang Lan	Director
Shi Jun Feng	Directors, senior managers

JIANGSU LOPAL TECH Co (SHSE:603906) Headlines

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