JTF International Holdings (HKSE:09689) COGS-to-Revenue : 0.96 (As of Jun. 2023)

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What is JTF International Holdings COGS-to-Revenue?

JTF International Holdings's Cost of Goods Sold for the three months ended in Jun. 2023 was HK$427 Mil. Its Revenue for the three months ended in Jun. 2023 was HK$445 Mil.

JTF International Holdings's COGS to Revenue for the three months ended in Jun. 2023 was 0.96.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. JTF International Holdings's Gross Margin % for the three months ended in Jun. 2023 was 4.20%.

JTF International Holdings COGS-to-Revenue Historical Data

The historical data trend for JTF International Holdings'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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JTF International Holdings COGS-to-Revenue Chart

JTF International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.96

0.94

0.96

0.95

JTF International Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.94	0.96	0.94	0.96	-

JTF International Holdings COGS-to-Revenue Calculation

JTF International Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1292.43	/	1355.755
	=	0.95

JTF International Holdings's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	426.66	/	445.371
	=	0.96

JTF International Holdings (HKSE:09689) COGS-to-Revenue Explanation

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

JTF International Holdings's Gross Margin % for the three months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	426.66 / 445.371
	=	4.20 %

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.

JTF International Holdings COGS-to-Revenue Related Terms

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JTF International Holdings (HKSE:09689) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » JTF International Holdings Ltd (HKSE:09689) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, Yanjiang Road, Shazhuang Tujiang Village, Shitan Town, Zengcheng District, Guangdong Province, Guangzhou, CHN

Website

https://www.jtfoil.com

JTF International Holdings Ltd is an investment holding company. It is engaged in the blending and sale of fuel oil, refined oil, and other petrochemicals in China. Its products are primarily used as fuels in marine vessels, vehicles, & machinery equipment, for retail sale at gas stations, and as raw materials for oil refineries. It generates the majority of its revenue from the sale of refined oil.

Executives

Xu Yayi	2201 Interest of corporation controlled by you
Kang Shi Tou Zi You Xian Gong Si	2101 Beneficial owner
Huang Sizhen	2202 Interest of your spouse
Xu Ziming	2201 Interest of corporation controlled by you
Choi Sio Peng	2201 Interest of corporation controlled by you
Xing Ming You Xian Gong Si	2101 Beneficial owner

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