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Xinxiang Chemical Fibre Co (SZSE:000949) COGS-to-Revenue : 0.89 (As of Mar. 2024)


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What is Xinxiang Chemical Fibre Co COGS-to-Revenue?

Xinxiang Chemical Fibre Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,756 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,967 Mil.

Xinxiang Chemical Fibre Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Xinxiang Chemical Fibre Co's Gross Margin % for the three months ended in Mar. 2024 was 10.74%.

Xinxiang Chemical Fibre Co COGS-to-Revenue Historical Data

The historical data trend for Xinxiang Chemical Fibre 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.

Xinxiang Chemical Fibre Co COGS-to-Revenue Chart

Xinxiang Chemical Fibre 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 0.85 0.82 0.67 0.96 0.92

Xinxiang Chemical Fibre 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 0.95 0.93 0.92 0.89

Xinxiang Chemical Fibre Co COGS-to-Revenue Calculation

Xinxiang Chemical Fibre 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
=6808.132 / 7378.746
=0.92

Xinxiang Chemical Fibre Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=1755.762 / 1967.074
=0.89

* 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.

Xinxiang Chemical Fibre Co  (SZSE:000949) COGS-to-Revenue Explanation

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

Xinxiang Chemical Fibre 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 - 1755.762 / 1967.074
=10.74 %

* 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.

Xinxiang Chemical Fibre Co COGS-to-Revenue Related Terms

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Xinxiang Chemical Fibre Co (SZSE:000949) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Xinxiang Chemical Fibre Co Ltd (SZSE:000949) » Definitions » COGS-to-Revenue
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SHSE:600589 SHSE:603002 SHSE:603113 SZSE:002167 SZSE:300796 SHSE:600078 SZSE:002986 SHSE:688602 SHSE:603067 SHSE:605077 TSE:4063 SAU:2010 XTER:BAS DOW XKRX:051910 SHSE:600989 CE SZSE:002493 TSE:4091 XKLS:5183
Traded in Other Exchanges
N/A
Address
South side of Xinchang Road, Economic and Technological Development Zone, Henan, Xinxiang, CHN, 453006
Website
http://www.bailu.com
Xinxiang Chemical Fibre Co Ltd specializes in producing chemical fiber textile raw materials in China. Their main products are centrifugal viscose rayon filament yarn, continuous viscose rayon filament yarn, viscose staple fiber, and polyester. The company's products are not only sold in the Chinese market but also exported to more than 30 countries and regions such as Germany, Italy, Japan, South Korea and India.
Executives
Zhu Xue Xin Supervisors
Chen Xi An Executives
Lu Wei Executives
Zhang Jia Qi Directors, executives
Wang Wen Xin Director
Shao Zhang Jin Director
Ji Yu Dong Directors, executives
Feng Li Ping Executives
Yue Sheng Li Director
Zhou Xue Li Executives
Song De Shun Executives
Cao Jun You Executives
Xiao Shu Bin Director
Zhou Jian Hua Supervisors
Jia Bao Liang Directors, executives

Xinxiang Chemical Fibre Co (SZSE:000949) Headlines

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