New Energy Solar Ltd
ASX:NEW

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New Energy Solar Ltd Logo
New Energy Solar Ltd
ASX:NEW
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Price: 0.063 AUD Market Closed
Market Cap: AU$13.3m

Gross Margin

71.3%
Current
No historical data
Comparison unavailable

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
71.3%
=
Gross Profit
AU$7m
/
Revenue
AU$9.8m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
71.3%
=
Gross Profit
AU$7m
/
Revenue
AU$9.8m

Market Distribution

Higher than 79% of companies in Australia
Percentile
79th
Based on 2 544 companies
79th percentile
71.3%
Low
-6 907 100% — 21.6%
Typical Range
21.6% — 58.2%
High
58.2% — 2 095.9%
Distribution Statistics
Australia
Min -6 907 100%
30th Percentile 21.6%
Median 38.3%
70th Percentile 58.2%
Max 2 095.9%

New Energy Solar Ltd
Glance View

Market Cap
13.3m AUD
Industry
Utilities

New Energy Solar Ltd. engages in the operation of solar generation facilities. The company is headquartered in North Sydney, New South Wales. The company went IPO on 2017-12-04. The firm is focused on building a portfolio of large-scale solar power plants that generates and sells clean energy to creditworthy electricity consumers. The Company’s portfolio includes Boulder Solar I Plant, Stanford Solar Plant, Turlock Irrigation District Solar Plant, North Carolina 47MW Plant, North Carolina 43MW Plant, Mount Signal 2 Plant, Organ Church Solar Plant, Heedeh Solar Plant, Bonanza Solar Plant, Hanover Solar Plant, County Home Solar Plant, Arthur Solar Plant, Pendleton Solar Plant, and Church Road Solar Plant. The firm also invests in other renewable energy assets including wind, geothermal, hydro-electricity, hybrid solutions and associated investments such as battery and other storage, smart metering and other potential future technologies.

NEW Intrinsic Value
Not Available
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
71.3%
=
Gross Profit
AU$7m
/
Revenue
AU$9.8m
How has Gross Margin changed over time?

Over the last 3 years, New Energy Solar Ltd’s Gross Margin has decreased from 75.7% to 71.3%. During this period, it reached a low of 71.3% on Jun 30, 2022 and a high of 302.4% on Dec 31, 2021.

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