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Societatea Energetica Electrica (BSE:EL) Gross Margin % : 24.45% (As of Jun. 2024)


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What is Societatea Energetica Electrica Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Societatea Energetica Electrica's Gross Profit for the three months ended in Jun. 2024 was lei479 Mil. Societatea Energetica Electrica's Revenue for the three months ended in Jun. 2024 was lei1,961 Mil. Therefore, Societatea Energetica Electrica's Gross Margin % for the quarter that ended in Jun. 2024 was 24.45%.


The historical rank and industry rank for Societatea Energetica Electrica's Gross Margin % or its related term are showing as below:

BSE:EL' s Gross Margin % Range Over the Past 10 Years
Min: -12.34   Med: 26.26   Max: 36.56
Current: 10.2


During the past 13 years, the highest Gross Margin % of Societatea Energetica Electrica was 36.56%. The lowest was -12.34%. And the median was 26.26%.

BSE:EL's Gross Margin % is ranked worse than
88.26% of 477 companies
in the Utilities - Regulated industry
Industry Median: 30.3 vs BSE:EL: 10.20

Societatea Energetica Electrica had a gross margin of 24.45% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Societatea Energetica Electrica was 0.00% per year.


Societatea Energetica Electrica Gross Margin % Historical Data

The historical data trend for Societatea Energetica Electrica's Gross Margin % 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.

Societatea Energetica Electrica Gross Margin % Chart

Societatea Energetica Electrica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.17 27.21 11.93 -12.34 -3.83

Societatea Energetica Electrica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
Gross Margin % 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 -22.02 -2.52 6.14 3.28 24.45

Competitive Comparison of Societatea Energetica Electrica's Gross Margin %

For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Societatea Energetica Electrica's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Societatea Energetica Electrica's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Societatea Energetica Electrica's Gross Margin % falls into.


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Societatea Energetica Electrica Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Societatea Energetica Electrica's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-376.2 / 9816.593
=(Revenue - Cost of Goods Sold) / Revenue
=(9816.593 - 10192.768) / 9816.593
=-3.83 %

Societatea Energetica Electrica's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=479.4 / 1960.655
=(Revenue - Cost of Goods Sold) / Revenue
=(1960.655 - 1481.213) / 1960.655
=24.45 %

* 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 positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Societatea Energetica Electrica  (BSE:EL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Societatea Energetica Electrica had a gross margin of 24.45% for the quarter that ended in Jun. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Societatea Energetica Electrica Gross Margin % Related Terms

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Societatea Energetica Electrica Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Grigore Alexandrescu Street, 1st District, Bucharest, ROU, 010621
Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.