SP New Energy (PHS:SPNEC) Gross Profit: ₱719 Mil (TTM As of Sep. 2024)

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PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.55
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What is SP New Energy Gross Profit?

SP New Energy PHS:SPNEC +2.65% 33 Gross Profit is ₱719 Mil as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

SP New Energy's gross profit for the three months ended in Sep. 2024 was ₱93 Mil. SP New Energy's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₱719 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SP New Energy's gross profit for the three months ended in Sep. 2024 was ₱93 Mil. SP New Energy's Revenue for the three months ended in Sep. 2024 was ₱268 Mil. Therefore, SP New Energy's Gross Margin % for the quarter that ended in Sep. 2024 was 34.80%.

SP New Energy had a gross margin of 34.80% for the quarter that ended in Sep. 2024 => Competition eroding margins

SP New Energy  (PHS:SPNEC) Gross Profit 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

SP New Energy had a gross margin of 34.80% for the quarter that ended in Sep. 2024 => Competition eroding margins

SP New Energy Gross Profit Related Terms

SP New Energy Gross Profit Historical Data

* Premium members only.

The historical data trend for SP New Energy's Gross Profit 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.

SP New Energy Gross Profit Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Gross Profit
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 308.35

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit 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 146.47 135.23 224.31 265.74 93.35

PHS:SPNEC vs CEG: Gross Profit Comparison

For the Utilities - Renewable subindustry, SP New Energy's Gross Profit, along with its competitors' market caps and Gross Profit 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.

SP New Energy Gross Profit vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SP New Energy's Gross Profit distribution charts can be found below:

* The bar in red indicates where SP New Energy's Gross Profit falls into.


PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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SP New Energy Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

SP New Energy's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=635.451 - 327.103
=308

SP New Energy's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=268.236 - 174.889
=93

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱719 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

SP New 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=93 / 268.236
=34.80 %

* 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 Profit →
What does a Gross Profit of ₱719 Mil mean?
SP New Energy (PHS:SPNEC) has a Gross Profit of ₱719 Mil as of Sep. 2024. Gross Profit equals net sales less total cost of goods sold. View historical data on SP New Energy and its competitors.
Is SP New Energy's Gross Profit too high?
SP New Energy's current Gross Profit is ₱719 Mil. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Gross Profit compare to CEG?
SP New Energy's Gross Profit of ₱719 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Utilities - Independent Power Producers company?
A good Gross Profit depends on the Utilities - Independent Power Producers industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on SP New Energy and its competitors. SP New Energy's current Gross Profit is ₱719 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Gross Profit of ₱719 Mil. The current Gross Profit is ₱719 Mil. SP New Energy's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For SP New Energy (PHS:SPNEC), the current Gross Profit is ₱719 Mil as of Sep. 2024. 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.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

Get the complete analysis for PHS:SPNEC

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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