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SAENF (Solar Alliance Energy) Gross Margin % : 46.42% (As of Sep. 2024)


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What is Solar Alliance Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Solar Alliance Energy's Gross Profit for the three months ended in Sep. 2024 was $0.32 Mil. Solar Alliance Energy's Revenue for the three months ended in Sep. 2024 was $0.70 Mil. Therefore, Solar Alliance Energy's Gross Margin % for the quarter that ended in Sep. 2024 was 46.42%.


The historical rank and industry rank for Solar Alliance Energy's Gross Margin % or its related term are showing as below:

SAENF' s Gross Margin % Range Over the Past 10 Years
Min: 7.89   Med: 18.11   Max: 27.97
Current: 10.76


During the past 13 years, the highest Gross Margin % of Solar Alliance Energy was 27.97%. The lowest was 7.89%. And the median was 18.11%.

SAENF's Gross Margin % is ranked worse than
84.87% of 985 companies
in the Semiconductors industry
Industry Median: 28.33 vs SAENF: 10.76

Solar Alliance Energy had a gross margin of 46.42% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Solar Alliance Energy was 9.40% per year.


Solar Alliance Energy Gross Margin % Historical Data

The historical data trend for Solar Alliance Energy'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.

Solar Alliance Energy Gross Margin % Chart

Solar Alliance Energy 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 7.89 26.13 18.12 9.40 14.38

Solar Alliance Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 61.73 -24.71 38.78 29.04 46.42

Competitive Comparison of Solar Alliance Energy's Gross Margin %

For the Solar subindustry, Solar Alliance Energy'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.


Solar Alliance Energy's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Alliance Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Solar Alliance Energy's Gross Margin % falls into.



Solar Alliance Energy Gross Margin % Calculation

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

Solar Alliance Energy'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 )
=0.8 / 5.571
=(Revenue - Cost of Goods Sold) / Revenue
=(5.571 - 4.77) / 5.571
=14.38 %

Solar Alliance Energy's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0.3 / 0.698
=(Revenue - Cost of Goods Sold) / Revenue
=(0.698 - 0.374) / 0.698
=46.42 %

* 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.


Solar Alliance Energy  (OTCPK:SAENF) 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

Solar Alliance Energy had a gross margin of 46.42% for the quarter that ended in Sep. 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.


Solar Alliance Energy Gross Margin % Related Terms

Thank you for viewing the detailed overview of Solar Alliance Energy's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Solar Alliance Energy Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Vancouver, BC, CAN, V6E 3V6
Solar Alliance Energy Inc is an energy solutions provider focused on commercial, industrial, and residential solar installations. Its operating segments are Solar EPC and Solar generation from solar facilities. The company operates in two geographical markets - the United States and Canada. The United States contributes a majority of the total revenue.