Jiangsu Liba Enterprise JSC (SHSE:603519) COGS-to-Revenue : 0.90 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Jiangsu Liba Enterprise JSC COGS-to-Revenue?

Jiangsu Liba Enterprise JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥353 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥393 Mil.

Jiangsu Liba Enterprise JSC's COGS to Revenue for the three months ended in Mar. 2024 was 0.90.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Jiangsu Liba Enterprise JSC's Gross Margin % for the three months ended in Mar. 2024 was 10.18%.

Jiangsu Liba Enterprise JSC COGS-to-Revenue Historical Data

The historical data trend for Jiangsu Liba Enterprise JSC'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 Liba Enterprise JSC COGS-to-Revenue Chart

Jiangsu Liba Enterprise JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.81

0.86

0.88

Jiangsu Liba Enterprise JSC 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															0.85	0.88	0.88	0.89	0.90

Jiangsu Liba Enterprise JSC COGS-to-Revenue Calculation

Jiangsu Liba Enterprise JSC's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1339.099	/	1524.233
	=	0.88

Jiangsu Liba Enterprise JSC's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	353.064	/	393.092
	=	0.90

Jiangsu Liba Enterprise JSC (SHSE:603519) COGS-to-Revenue Explanation

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

Jiangsu Liba Enterprise JSC'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	-	353.064 / 393.092
	=	10.18 %

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 Liba Enterprise JSC COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Jiangsu Liba Enterprise JSC's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiangsu Liba Enterprise JSC (SHSE:603519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Liba Enterprise JSC Ltd (SHSE:603519) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Caixi Road, Environmental Protection Technology Industrial Park, Jiangsu Province, Yixing, CHN, 214205

Website

http://www.jsliba.com

Jiangsu Liba Enterprise JSC Ltd is engaged in the research and development, production and sales of composite materials for home appliance appearance. Its products are mainly laminated film (VCM) series products and coated board (PCM) series products, widely used in refrigerators, washing machines, water heaters, microwave ovens, air conditioners, high-end building door panels and other fields.

Executives

Jiang Da Wei	Directors, senior managers
Lu Feng Xian	Director
Chu Yi Ping	senior management
Wang Shi Qin	Director

Jiangsu Liba Enterprise JSC (SHSE:603519) Headlines

No Headlines