smci cost

Super Micro Computer (SMCI) has been experiencing significant cost fluctuations due to various factors. Here's a detailed analysis:

1. Cost of Revenue: SMCI's annual cost of goods sold has shown a substantial increase, from $3.023 billion in 2021 to $5.84 billion in 2023. This indicates a growing demand for its products and potentially higher production costs.

2. Gross Profit Margin: The gross profit margin has been relatively stable, ranging from 15.97% to 15.73%. This suggests that despite the increasing costs, SMCI has been able to maintain its profitability.
3. Net Income: The net income has shown a significant increase, from $402.46 million in 2023. This indicates that SMCI is generating more net income, which could be due to effective cost management or increased revenue.
4. ROE: The company's return on equity (ROE) has been impressive, averaging at 24.21%. This suggests that SMCI is efficiently utilizing its shareholders' equity to generate profits.
5. Dividend Yield: There is no available data on the dividend yield. However, given the company's focus on reinvestment and growth, it is not uncommon for technology companies to have a low or no dividend yield.
6. Debt to Equity Ratio: The debt to equity ratio has been relatively high, at 36.58%. This indicates that SMCI relies on a mix of debt and equity financing to support its operations and investments.

In summary, SMCI has been experiencing increasing costs, particularly in its cost of goods sold, but has managed to maintain its profitability and ROE. The company's financial health and performance are robust, despite the higher costs.