New JCM Group Co (SZSE:300157) COGS-to-Revenue : 0.79 (As of Mar. 2024)

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What is New JCM Group Co COGS-to-Revenue?

New JCM Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥155.6 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥198.2 Mil.

New JCM Group Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. New JCM Group Co's Gross Margin % for the three months ended in Mar. 2024 was 21.50%.

New JCM Group Co COGS-to-Revenue Historical Data

The historical data trend for New JCM Group 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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New JCM Group Co COGS-to-Revenue Chart

New JCM Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.77

0.75

0.83

0.81

0.79

New JCM Group 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															0.86	0.81	0.71	0.75	0.79

New JCM Group Co COGS-to-Revenue Calculation

New JCM Group 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
	=	521.399	/	656.58
	=	0.79

New JCM Group Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	155.611	/	198.219
	=	0.79

New JCM Group Co (SZSE:300157) COGS-to-Revenue Explanation

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

New JCM Group 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	-	155.611 / 198.219
	=	21.50 %

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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New JCM Group Co (SZSE:300157) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » New JCM Group Co Ltd (SZSE:300157) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fengxiu Middle Road, Room 401, Building 4, No. 3, Haidian, Beijing, CHN, 100094

Website

http://www.ldocean.com.cn

New JCM Group Co Ltd Formerly LandOcean Group Ltd provides technology services for petroleum and natural gas exploration and development.

Executives

Liu Hong	Supervisors
Liu Hui Zeng	Executives
Yang Hua Feng	Executives
Sun Geng Wen	Director
Qu Guang Sheng	Director
Ye Jin Xing	Independent director
Chen Shu Lin	Executives
Xie Gui Sheng	Executives
Tang Cheng Feng	Directors, executives
Yang Qian	Executives
Deng Lin	Directors, executives
Shen Chao	Directors, executives
Chen Yu	Independent director
Mou Shu Ling	Independent director
Qin Gang Ping	Executives

New JCM Group Co (SZSE:300157) Headlines

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