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CPWHF (Ceres Power Holdings) Gross Margin % : 80.30% (As of Jun. 2024)


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What is Ceres Power Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ceres Power Holdings's Gross Profit for the six months ended in Jun. 2024 was $29.12 Mil. Ceres Power Holdings's Revenue for the six months ended in Jun. 2024 was $36.26 Mil. Therefore, Ceres Power Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 80.30%.


The historical rank and industry rank for Ceres Power Holdings's Gross Margin % or its related term are showing as below:

CPWHF' s Gross Margin % Range Over the Past 10 Years
Min: 41.05   Med: 60.71   Max: 78.35
Current: 74.62


During the past 13 years, the highest Gross Margin % of Ceres Power Holdings was 78.35%. The lowest was 41.05%. And the median was 60.71%.

CPWHF's Gross Margin % is ranked better than
98.77% of 2934 companies
in the Industrial Products industry
Industry Median: 26.73 vs CPWHF: 74.62

Ceres Power Holdings had a gross margin of 80.30% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ceres Power Holdings was 0.00% per year.


Ceres Power Holdings Gross Margin % Historical Data

The historical data trend for Ceres Power Holdings'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.

Ceres Power Holdings Gross Margin % Chart

Ceres Power Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.13 - 61.88 54.12 60.72

Ceres Power Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun21 Dec21 Jun22 Dec22 Jun23 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 48.88 59.14 61.89 59.43 80.30

Competitive Comparison of Ceres Power Holdings's Gross Margin %

For the Electrical Equipment & Parts subindustry, Ceres Power Holdings'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.


Ceres Power Holdings's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ceres Power Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ceres Power Holdings's Gross Margin % falls into.



Ceres Power Holdings Gross Margin % Calculation

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

Ceres Power Holdings'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 )
=17.2 / 28.258
=(Revenue - Cost of Goods Sold) / Revenue
=(28.258 - 11.101) / 28.258
=60.72 %

Ceres Power Holdings'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 )
=29.1 / 36.26
=(Revenue - Cost of Goods Sold) / Revenue
=(36.26 - 7.142) / 36.26
=80.30 %

* 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.


Ceres Power Holdings  (OTCPK:CPWHF) 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

Ceres Power Holdings had a gross margin of 80.30% for the quarter that ended in Jun. 2024 => Durable competitive advantage


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.


Ceres Power Holdings Gross Margin % Related Terms

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Ceres Power Holdings Business Description

Traded in Other Exchanges
Address
Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a UK- based technology solutions provider. It is one of the developers of fuel cell technology, which enables the production of clean & low-cost energy. Its SteelCell technology uses the existing infrastructure of mains natural gas & is manufactured using commodity materials, such as steel. It mainly caters to the automotive industry. Among its other markets are transportation, commercial, & light industrial sectors. The group established a leading technology position in solid oxide fuel cell (SOFC) power systems & develop solid oxide electrolysis (SOEC) to demonstrate it at a megawatt scale. The Company has identified two reporting segments, Power (SOFC) & Hydrogen (SOEC), the majority is from the Power (SOFC) segment. Geographically, the majority is from Asia.