Zhejiang Jingxing Paper JSC (SZSE:002067) COGS-to-Revenue : 0.92 (As of Mar. 2024)

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What is Zhejiang Jingxing Paper JSC COGS-to-Revenue?

Zhejiang Jingxing Paper JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,159 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,265 Mil.

Zhejiang Jingxing Paper JSC's COGS to Revenue for the three months ended in Mar. 2024 was 0.92.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhejiang Jingxing Paper JSC's Gross Margin % for the three months ended in Mar. 2024 was 8.38%.

Zhejiang Jingxing Paper JSC COGS-to-Revenue Historical Data

The historical data trend for Zhejiang Jingxing Paper 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.

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Zhejiang Jingxing Paper JSC COGS-to-Revenue Chart

Zhejiang Jingxing Paper JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.89

0.88

0.85

0.95

0.94

Zhejiang Jingxing Paper 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															0.96	0.95	0.94	0.91	0.92

Zhejiang Jingxing Paper JSC COGS-to-Revenue Calculation

Zhejiang Jingxing Paper 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
	=	5129.62	/	5456.896
	=	0.94

Zhejiang Jingxing Paper JSC's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1159.321	/	1265.318
	=	0.92

Zhejiang Jingxing Paper JSC (SZSE:002067) COGS-to-Revenue Explanation

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

Zhejiang Jingxing Paper 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	-	1159.321 / 1265.318
	=	8.38 %

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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Zhejiang Jingxing Paper JSC (SZSE:002067) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Zhejiang Jingxing Paper JSC Ltd (SZSE:002067) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Caoqiao Town, Zhejiang Province, Pinghu, CHN, 314214

Website

http://www.zjjxjt.com

Zhejiang Jingxing Paper JSC Ltd is a Chinese company operating in the paper and packaging industry. It manufactures paper and paper products. The company's products include kraft paper, white craft paper, high strength Corrugating medium, bobbin paper, cardboard boxes, household paper products, and other products.

Executives

Zhu Zai Long	Director
Shen Shou Xian	Supervisors
Liu Chun Xiang	Director
Nie Rong Kun	Director
Sheng Xiao Ying	Director
Wang Wei Min	Director
Lu Fu Gui	Supervisors
Zhu Xi Kun	Independent director, within six months of separat

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