Far-Eastern Energy Co PJSC (MIC:DVEC) Gross Margin %: 35.13% (As of Jun. 2023)


MIC:DVEC Far-Eastern Energy Co PJSC MIC:DVEC
17 GF Score
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What is Far-Eastern Energy Co PJSC Gross Margin %?

Far-Eastern Energy Co PJSC MIC:DVEC +2.24% 17 Gross Margin % is 35.13% as of Jun. 2023. GuruFocus rates MIC:DVEC with a GF Score™ of 17/100.

Gross Margin % is calculated as gross profit divided by its revenue. Far-Eastern Energy Co PJSC's Gross Profit for the six months ended in Jun. 2023 was ₽29,601 Mil. Far-Eastern Energy Co PJSC's Revenue for the six months ended in Jun. 2023 was ₽84,270 Mil. Therefore, Far-Eastern Energy Co PJSC's Gross Margin % for the quarter that ended in Jun. 2023 was 35.13%.


The historical rank and industry rank for Far-Eastern Energy Co PJSC's Gross Margin % or its related term are showing as below:


MIC:DVEC's Gross Margin % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 31.04
* Ranked among companies with meaningful Gross Margin % only.

Far-Eastern Energy Co PJSC had a gross margin of 35.13% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Far-Eastern Energy Co PJSC was 0.00% per year.


Far-Eastern Energy Co PJSC  (MIC:DVEC) 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

Far-Eastern Energy Co PJSC had a gross margin of 35.13% for the quarter that ended in Jun. 2023 => 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.


Far-Eastern Energy Co PJSC Gross Margin % Related Terms


Far-Eastern Energy Co PJSC Gross Margin % Historical Data

* Premium members only.

The historical data trend for Far-Eastern Energy Co PJSC'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.

Far-Eastern Energy Co PJSC Gross Margin % Chart

Far-Eastern Energy Co PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.21 70.78 52.64 26.72 26.50

Far-Eastern Energy Co PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 41.02 13.44 39.01 13.62 35.13

MIC:DVEC vs NEE, SO, DUK: Gross Margin % Comparison

For the Utilities - Regulated Electric subindustry, Far-Eastern Energy Co PJSC'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.


Far-Eastern Energy Co PJSC Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Far-Eastern Energy Co PJSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Far-Eastern Energy Co PJSC's Gross Margin % falls into.


MIC:DVEC
17GF Score
Far-Eastern Energy Co PJSC MIC:DVEC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Far-Eastern Energy Co PJSC Gross Margin % Calculation

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

Far-Eastern Energy Co PJSC's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=33412 / 126069
=(Revenue - Cost of Goods Sold) / Revenue
=(126069 - 92657) / 126069
=26.50 %

Far-Eastern Energy Co PJSC's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=29601 / 84270
=(Revenue - Cost of Goods Sold) / Revenue
=(84270 - 54669) / 84270
=35.13 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 35.13% mean?
Far-Eastern Energy Co PJSC (MIC:DVEC) has a Gross Margin % of 35.13% as of Jun. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Far-Eastern Energy Co PJSC and its competitors.
Is Far-Eastern Energy Co PJSC's Gross Margin % too high?
Far-Eastern Energy Co PJSC's current Gross Margin % is 35.13%. The Utilities - Regulated industry median Gross Margin % is 31.04. Far-Eastern Energy Co PJSC's value of 35.13% is 13.2% above this industry median. Overall, Far-Eastern Energy Co PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Far-Eastern Energy Co PJSC's Gross Margin % compare to NEE and SO?
Far-Eastern Energy Co PJSC's Gross Margin % of 35.13% can be compared against companies in the Utilities - Regulated industry. The industry median Gross Margin % is 31.04. Far-Eastern Energy Co PJSC's value of 35.13% is 13.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 31.04, based on 489 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Far-Eastern Energy Co PJSC's current Gross Margin % of 35.13% is 13.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Far-Eastern Energy Co PJSC and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 31.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far-Eastern Energy Co PJSC's current Gross Margin % is 35.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far-Eastern Energy Co PJSC stock overvalued right now?
Far-Eastern Energy Co PJSC (MIC:DVEC) has a current Gross Margin % of 35.13%. The current Gross Margin % is 35.13% and 13.2% above the Utilities - Regulated industry median of 31.04. Far-Eastern Energy Co PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Far-Eastern Energy Co PJSC (MIC:DVEC), the current Gross Margin % is 35.13% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Far-Eastern Energy Co PJSC Business Description

Address ul. Tigrovaya, 19, Primorsky Territory, Vladivostok, RUS, 690091
Far-Eastern Energy Co PJSC formerly Far East Energy Co PJSC supplies electricity to households and businesses.
17GF Score

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