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Jiangxi Jovo Energy Co (SHSE:605090) COGS-to-Revenue : 0.91 (As of Mar. 2024)


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What is Jiangxi Jovo Energy Co COGS-to-Revenue?

Jiangxi Jovo Energy Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥5,732 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥6,333 Mil.

Jiangxi Jovo Energy Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.91.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Jiangxi Jovo Energy Co's Gross Margin % for the three months ended in Mar. 2024 was 9.49%.


Jiangxi Jovo Energy Co COGS-to-Revenue Historical Data

The historical data trend for Jiangxi Jovo Energy 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.

Jiangxi Jovo Energy Co COGS-to-Revenue Chart

Jiangxi Jovo Energy Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.90 0.85 0.93 0.94 0.92

Jiangxi Jovo Energy 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 0.90 0.91 0.92 0.96 0.91

Jiangxi Jovo Energy Co COGS-to-Revenue Calculation

Jiangxi Jovo Energy 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
=24488.755 / 26566.154
=0.92

Jiangxi Jovo Energy Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=5731.582 / 6332.857
=0.91

* 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.


Jiangxi Jovo Energy Co  (SHSE:605090) COGS-to-Revenue Explanation

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

Jiangxi Jovo Energy 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 - 5731.582 / 6332.857
=9.49 %

* 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.


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Jiangxi Jovo Energy Co (SHSE:605090) Business Description

Traded in Other Exchanges
N/A
Address
West side of Zhenxing Avenue, New Industrial Zone, Yudu County, Ganzhou, CHN, 342300
Jiangxi Jovo Energy Co Ltd is a large-scale clean energy integrated service provider in the midstream and terminal sectors of the gas industry.

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