Jiangsu Guoxin (SZSE:002608) COGS-to-Revenue : 0.86 (As of Mar. 2024)

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What is Jiangsu Guoxin COGS-to-Revenue?

Jiangsu Guoxin's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥7,819 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥9,081 Mil.

Jiangsu Guoxin's COGS to Revenue for the three months ended in Mar. 2024 was 0.86.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Jiangsu Guoxin's Gross Margin % for the three months ended in Mar. 2024 was 13.90%.

Jiangsu Guoxin COGS-to-Revenue Historical Data

The historical data trend for Jiangsu Guoxin'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 Guoxin COGS-to-Revenue Chart

Jiangsu Guoxin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.83

0.82

1.02

0.97

0.88

Jiangsu Guoxin 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															0.95	0.89	0.84	0.87	0.86

Jiangsu Guoxin COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	30509.254	/	34572.186
	=	0.88

Jiangsu Guoxin's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7818.928	/	9080.758
	=	0.86

Jiangsu Guoxin (SZSE:002608) COGS-to-Revenue Explanation

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

Jiangsu Guoxin'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	-	7818.928 / 9080.758
	=	13.90 %

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 Guoxin COGS-to-Revenue Related Terms

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Jiangsu Guoxin (SZSE:002608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Jiangsu Guoxin Corp Ltd (SZSE:002608) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No. 88 Changjiang Road, Xuanwu District, Jiangsu Province, Nanjing, CHN, 210005

Website

http://www.saintymarine.com.cn

Jiangsu Guoxin Corp Ltd is engaged in the thermal power production and related power services. Further it is also involved in coal and power sales business.

Executives

Li Xian Qiang	Executives
Weng Jun	Executives
Wang Jun Min	Director
Li Jiu	Directors, executives
Feng Qi	Directors, executives

Jiangsu Guoxin (SZSE:002608) Headlines

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