Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) COGS-to-Revenue : 0.88 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Jiangsu Jiangnan High Polymer Fiber Co COGS-to-Revenue?

Jiangsu Jiangnan High Polymer Fiber Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥105.8 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥120.2 Mil.

Jiangsu Jiangnan High Polymer Fiber Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.88.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Jiangsu Jiangnan High Polymer Fiber Co's Gross Margin % for the three months ended in Mar. 2024 was 11.99%.

Jiangsu Jiangnan High Polymer Fiber Co COGS-to-Revenue Historical Data

The historical data trend for Jiangsu Jiangnan High Polymer Fiber 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.

Jiangsu Jiangnan High Polymer Fiber Co COGS-to-Revenue Chart

Jiangsu Jiangnan High Polymer Fiber Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.87

0.72

0.82

0.86

0.90

Jiangsu Jiangnan High Polymer Fiber 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															0.90	0.88	0.90	0.92	0.88

Jiangsu Jiangnan High Polymer Fiber Co COGS-to-Revenue Calculation

Jiangsu Jiangnan High Polymer Fiber 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
	=	741.162	/	820.473
	=	0.90

Jiangsu Jiangnan High Polymer Fiber Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	105.818	/	120.24
	=	0.88

Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) COGS-to-Revenue Explanation

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

Jiangsu Jiangnan High Polymer Fiber 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	-	105.818 / 120.24
	=	11.99 %

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 Jiangnan High Polymer Fiber Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Jiangsu Jiangnan High Polymer Fiber Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Jiangnan High Polymer Fiber Co Ltd (SHSE:600527) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Huangdai Town, Xiangcheng District, Suzhou, Jiangsu, CHN, 215143

Website

http://www.jngx.cn

Jiangsu Jiangnan High Polymer Fiber Co Ltd is a bicomponent fiber company. It is principally engaged in the production and distribution of chemical fiber products. The company's products mainly include Core -Sheath fiber (ES), Parallel hollow composite fiber, 51 islands figured sea-island composite fiber, Korean polyester, fine-denier polyester tops, high-shrinkage tops, colored tops, PTT tops, Fleck, tops.

Executives

Tao Ye	Director
Tao Guo Ping	Director
Zhu Ming Lai	Supervisors
Sheng Dong Sheng	Director
Pu Jin Long	Director
Gu Xing Nan	Director
Zhou Yong Kang	Director

Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) Headlines

No Headlines