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Ningbo Peacebird Fashion Co (SHSE:603877) COGS-to-Revenue : 0.45 (As of Mar. 2024)


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What is Ningbo Peacebird Fashion Co COGS-to-Revenue?

Ningbo Peacebird Fashion Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥808 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,806 Mil.

Ningbo Peacebird Fashion Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.45.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ningbo Peacebird Fashion Co's Gross Margin % for the three months ended in Mar. 2024 was 55.26%.

Ningbo Peacebird Fashion Co COGS-to-Revenue Historical Data

The historical data trend for Ningbo Peacebird Fashion 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.

* Premium members only.

Ningbo Peacebird Fashion Co COGS-to-Revenue Chart

Ningbo Peacebird Fashion Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.48 0.47 0.52 0.46

Ningbo Peacebird Fashion 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 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 Premium Member Only Premium Member Only 0.40 0.44 0.48 0.50 0.45

Ningbo Peacebird Fashion Co COGS-to-Revenue Calculation

Ningbo Peacebird Fashion 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
=3574.472 / 7792.124
=0.46

Ningbo Peacebird Fashion Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=807.825 / 1805.673
=0.45

* 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.

Ningbo Peacebird Fashion Co  (SHSE:603877) COGS-to-Revenue Explanation

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

Ningbo Peacebird Fashion 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 - 807.825 / 1805.673
=55.26 %

* 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.

Ningbo Peacebird Fashion Co COGS-to-Revenue Related Terms

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Ningbo Peacebird Fashion Co (SHSE:603877) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ningbo Peacebird Fashion Co Ltd (SHSE:603877) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
N/A
Address
No. 826, South Section of Huancheng West Road, Haishu, Ningbo, Zhejiang, Ningbo, CHN, 315011
Website
http://www.peacebird.com
Ningbo Peacebird Fashion Co Ltd is a retail-oriented multi-brand fashion company. It focuses on providing customers with fashion products of high quality at the competitive price. The main products of the company include women's, men's and children's clothing, and the main brand contains PEACEBIRD, PEACEBIRD, LED'IN, MATERIAL GIRL, AMAZING PEACE, Mini Peace, and among others. It holds more than 4000 stores across 31 provinces, autonomous regions, and municipalities. Geographically, it operates through China, however, its products are distributed in both Chinese and international market.
Executives
Wang Qing Lin senior management
Wang Ming Feng Directors, senior managers
Hong Yang Wei senior management
Weng Jiang Hong Directors, senior managers
Ou Li Min senior management
Dai Zhi Yong Director
Rong Yi Qin Supervisors
Chen Hong Chao Director
Zhang Jiang Ping Director
Zhang Jiang Bo Director
Shi Chao Qi senior management
Zhang Ting senior management
Shen Ya Xin senior management
Lou Jia Zi senior management

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