Jintai Energy Holdings (HKSE:02728) COGS-to-Revenue : 0.99 (As of Dec. 2023)

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What is Jintai Energy Holdings COGS-to-Revenue?

Jintai Energy Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,285 Mil. Its Revenue for the six months ended in Dec. 2023 was HK$1,297 Mil.

Jintai Energy Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.99.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Jintai Energy Holdings's Gross Margin % for the six months ended in Dec. 2023 was 0.91%.

Jintai Energy Holdings COGS-to-Revenue Historical Data

The historical data trend for Jintai Energy 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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Jintai Energy Holdings COGS-to-Revenue Chart

Jintai Energy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.98

0.96

0.81

0.98

Jintai Energy Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.93	0.74	1.01	0.10	0.99

Jintai Energy Holdings COGS-to-Revenue Calculation

Jintai Energy 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
	=	1286.879	/	1311.246
	=	0.98

Jintai Energy Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1285.419	/	1297.289
	=	0.99

Jintai Energy Holdings (HKSE:02728) COGS-to-Revenue Explanation

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

Jintai Energy Holdings's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1285.419 / 1297.289
	=	0.91 %

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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Jintai Energy Holdings (HKSE:02728) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jintai Energy Holdings Ltd (HKSE:02728) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

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Address

No. 111 Liyi Road, Golden Phoenix Building, Lijin County, Shandong Province, Dongying, CHN

Website

http://www.jintaienergy.com

Jintai Energy Holdings Ltd is engaged in the manufacturing and trading business. The segments of the group are Energy business, Drilling services, Speaker business, Operation of digital energy trading parks, Transportation services, Services business of customs declaration and Electronic products. It derives prime revenue from the Energy business which involves mainly the trading of fuel oil and kerosene. The group generates key revenue from the PRC.

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