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Scientific Energy (Scientific Energy) Gross Margin % : 48.79% (As of Dec. 2023)


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What is Scientific Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Scientific Energy's Gross Profit for the three months ended in Dec. 2023 was $5.04 Mil. Scientific Energy's Revenue for the three months ended in Dec. 2023 was $10.32 Mil. Therefore, Scientific Energy's Gross Margin % for the quarter that ended in Dec. 2023 was 48.79%.


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

SCGY' s Gross Margin % Range Over the Past 10 Years
Min: 23.73   Med: 29.95   Max: 45.85
Current: 45.85


During the past 13 years, the highest Gross Margin % of Scientific Energy was 45.85%. The lowest was 23.73%. And the median was 29.95%.

SCGY's Gross Margin % is ranked worse than
65.13% of 519 companies
in the Interactive Media industry
Industry Median: 60.86 vs SCGY: 45.85

Scientific Energy had a gross margin of 48.79% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Scientific Energy was 0.00% per year.


Scientific Energy Gross Margin % Historical Data

The historical data trend for Scientific 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.

Scientific Energy Gross Margin % Chart

Scientific 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 - - 23.73 29.95 45.84

Scientific Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 36.35 42.63 44.16 47.44 48.79

Competitive Comparison of Scientific Energy's Gross Margin %

For the Internet Content & Information subindustry, Scientific 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.


Scientific Energy's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Scientific Energy's Gross Margin % distribution charts can be found below:

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



Scientific Energy Gross Margin % Calculation

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

Scientific 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 )
=17.9 / 38.958
=(Revenue - Cost of Goods Sold) / Revenue
=(38.958 - 21.098) / 38.958
=45.84 %

Scientific Energy's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=5 / 10.319
=(Revenue - Cost of Goods Sold) / Revenue
=(10.319 - 5.284) / 10.319
=48.79 %

* 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.


Scientific Energy  (OTCPK:SCGY) 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

Scientific Energy had a gross margin of 48.79% for the quarter that ended in Dec. 2023 => 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.


Scientific Energy Gross Margin % Related Terms

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


Scientific Energy (Scientific Energy) Business Description

Traded in Other Exchanges
N/A
Address
105 Xian Xinghai Great Road, Room K, 9F, Golden Dragon Centre, Macau, CHN
Scientific Energy Inc involves in the e-commerce industry. It is a firm principally engaged in developing a website (Makeliving) for providing an e-commerce platform provisioning exchange of goods and services along with its subsidiary. Makeliving is intended to act both as a platform and as a conduit between individuals or companies who desire to acquire goods and services to individuals or companies who desire to offer goods and services.
Executives
Haitao Jiang 10 percent owner RUA DE MADRID, NO.21, WAN YU VILLAS, 9J, MACAU N5 999078
Aspect Group Ltd 10 percent owner HY DIAMOND EXCHANGE BLDG, SUITE A, 7TH FLOOR, HONG KONG XX CHINA
Liang Huang 10 percent owner NO. 43 KUIHUALI, APT. 502, ZHUHUI DISTRICT, HENGYANG, HUNAN PROVINCE F4 421002
Chan Stanley P.c. 10 percent owner C/O 475 EAST 70TH STREET, #7C, NEW YORK NY 10021
Dale C Gledhill director 630 NORTH 400 WEST, SALT LAKE CITY UT 84103
Todd B Crosland director, 10 percent owner, officer: President 630 NORTH 400 WEST, SALT LAKE CITY UT 84103
Mark Clawson director 630 N. 400 WEST, SALT LAKE CITY UT 84103
Jana K Meyer director, officer: Secretary 630 N. 400 WEST, SALT LAKE CITY UT 84103

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