Soltec Power Holdings (XMAD:SOL) COGS-to-Revenue : 0.59 (As of Jun. 2023)

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What is Soltec Power Holdings COGS-to-Revenue?

Soltec Power Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was €108.7 Mil. Its Revenue for the six months ended in Jun. 2023 was €184.5 Mil.

Soltec Power Holdings's COGS to Revenue for the six months ended in Jun. 2023 was 0.59.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Soltec Power Holdings's Gross Margin % for the six months ended in Jun. 2023 was 41.11%.

Soltec Power Holdings COGS-to-Revenue Historical Data

The historical data trend for Soltec Power Holdings'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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Soltec Power Holdings COGS-to-Revenue Chart

Soltec Power Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

0.73

0.75

0.63

0.58

Soltec Power Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial			0.73	0.60	0.60	0.56	0.59

Soltec Power Holdings COGS-to-Revenue Calculation

Soltec Power Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	328.802	/	568.196
	=	0.58

Soltec Power Holdings's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	108.664	/	184.513
	=	0.59

Soltec Power Holdings (XMAD:SOL) COGS-to-Revenue Explanation

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

Soltec Power Holdings's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	108.664 / 184.513
	=	41.11 %

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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Soltec Power Holdings (XMAD:SOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Soltec Power Holdings SA (XMAD:SOL) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

0AC5:UK 5PZ:Germany

Address

Gabriel Campillo Street, Poligono Industrial la Serreta s/n, Molina de Segura, Murcia, ESP, 30500

Website

http://www.soltecpowerholdings.com

Soltec Power Holdings SA is specialized in providing integrated solutions in solar PV energy. The company designs, manufactures and installs solar tracking systems and develops solar power projects. Its business is divided into industrial (trackers and construction services) business line, which is also referred to as Soltec Industrial, and project development business line, which is also referred to as Powertis. It offers a portfolio of solar trackers, including the SF8 and SF7 single-axis trackers, the SF8 and SF7 bi-facial trackers and the SF7 Tandem.