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Yingkou Jinchen Machinery Co (SHSE:603396) COGS-to-Revenue : 0.71 (As of Sep. 2024)


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What is Yingkou Jinchen Machinery Co COGS-to-Revenue?

Yingkou Jinchen Machinery Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥465 Mil. Its Revenue for the three months ended in Sep. 2024 was ¥658 Mil.

Yingkou Jinchen Machinery Co's COGS to Revenue for the three months ended in Sep. 2024 was 0.71.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Yingkou Jinchen Machinery Co's Gross Margin % for the three months ended in Sep. 2024 was 29.34%.

Yingkou Jinchen Machinery Co COGS-to-Revenue Historical Data

The historical data trend for Yingkou Jinchen Machinery 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.

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Yingkou Jinchen Machinery Co COGS-to-Revenue Chart

Yingkou Jinchen Machinery 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 0.62 0.65 0.70 0.70 0.70

Yingkou Jinchen Machinery Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.69 0.70 0.75 0.69 0.71

Yingkou Jinchen Machinery Co COGS-to-Revenue Calculation

Yingkou Jinchen Machinery 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
=1580.761 / 2250.879
=0.70

Yingkou Jinchen Machinery Co's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=465.182 / 658.304
=0.71

* 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.

Yingkou Jinchen Machinery Co  (SHSE:603396) COGS-to-Revenue Explanation

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

Yingkou Jinchen Machinery Co's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 465.182 / 658.304
=29.34 %

* 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.

Yingkou Jinchen Machinery Co COGS-to-Revenue Related Terms

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Yingkou Jinchen Machinery Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yingkou Jinchen Machinery Co Ltd (SHSE:603396) » Definitions » COGS-to-Revenue
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SZSE:002564 SZSE:301369 SZSE:301548 SHSE:688499 SZSE:001332 SZSE:300032 SHSE:688211 SZSE:002689 SHSE:603391 SZSE:301070 XTER:SIE XPAR:SU ETN PH ITW OSTO:ATCO A EMR TSE:7011 CMI AME
Traded in Other Exchanges
N/A
Address
No. 95, Xingang Street, Xicheng District, Liaoning Province, Yingkou, CHN, 115000
Website
http://www.jinchensolar.com
Yingkou Jinchen Machinery Co Ltd is a China-based company, engages in the supply of automated production solutions for industrial enterprises. It provides all production equipment and turnkey engineering services for lithium batteries, photovoltaic module manufacturing, and port automation. Its products include profile angle machines, solar cell module frame and angle devices, solar cell module loading and unloading manipulators, solar cell module inverting devices, solar cell sheet welding devices, packing bag conveying mechanisms, as well as solar cell module automatic production line transmission feeders and transmission feeder assemblies.
Executives
Yang Bao Hai senior management
Wang Ming Jian senior management
Yang Lin Lin senior management
Jin Liang Yan senior management
Yang Yan Director
Ge Min senior management
Zhang Er Jian Director

Yingkou Jinchen Machinery Co Headlines

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