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Jikai Equipment Manufacturing Co (SZSE:002691) Cost of Goods Sold : ¥297.2 Mil (TTM As of Mar. 2025)


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What is Jikai Equipment Manufacturing Co Cost of Goods Sold?

Jikai Equipment Manufacturing Co's cost of goods sold for the three months ended in Mar. 2025 was ¥42.8 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2025 was ¥297.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Jikai Equipment Manufacturing Co's Gross Margin % for the three months ended in Mar. 2025 was 20.62%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Jikai Equipment Manufacturing Co's Inventory Turnover for the three months ended in Mar. 2025 was 0.20.


Jikai Equipment Manufacturing Co Cost of Goods Sold Historical Data

The historical data trend for Jikai Equipment Manufacturing Co's Cost of Goods Sold 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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Jikai Equipment Manufacturing Co Cost of Goods Sold Chart

Jikai Equipment Manufacturing Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.65 237.23 214.76 253.08 281.41

Jikai Equipment Manufacturing Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cost of Goods Sold 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 27.01 72.12 44.86 137.43 42.82

Jikai Equipment Manufacturing Co Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥297.2 Mil.

* 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.


Jikai Equipment Manufacturing Co  (SZSE:002691) Cost of Goods Sold Explanation

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

Jikai Equipment Manufacturing Co's Gross Margin % for the three months ended in Mar. 2025 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(53.946 - 42.82) / 53.946
=20.62 %

* 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.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Jikai Equipment Manufacturing Co's Inventory Turnover for the three months ended in Mar. 2025 is calculated as:

* 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


Jikai Equipment Manufacturing Co Cost of Goods Sold Related Terms

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Jikai Equipment Manufacturing Co Business Description

Traded in Other Exchanges
N/A
Address
No. 418, Xiangjiang Road, National High-tech Industrial Development Zone, Hebei Province, Shijiazhuang, CHN, 050035
Jikai Equipment Manufacturing Co Ltd Is engaged in the development, manufacture, distribution and service of underground mining machinery. It provides specialized solutions in underground mining industry for tunneling, tunnel supporting and transportation and others. The main products consists of Tunnel Supporting Equipment's and tools, Tunnel Safety Equipment's and accessories, Road Header and Heavy-Duty Scraper Conveyor and others. Geographically, the business activities are carried out through the region of China.
Executives
Tian Ji Ying Secretary, Director
Feng Fan Director
Chen Yu Hui Independent director
Sun Bo Directors, executives
Niu Chun Shan Supervisors
Wang Shou Xing Directors, executives
Cui Shu Qi Executives
Xu Zhang Hong Directors, executives
Chen Tai Peng Director
Li Zhan Li Director
Xu San Jun Director
Gao Gui Jun Supervisors
Hao Xing Zhang Directors, executives
Li Guo Bi Directors, executives
Shi Gong She Directors, executives

Jikai Equipment Manufacturing Co Headlines

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