Addentax Group
ATXG
$1.00
Share price
-0.50%
Change (1 day)
-11.84%
Change (1 year)
Categories
Operating Margin for Addentax Group (ATXG)
Operating Margin as of May 2024 (TTM): 0.81%
According to Addentax Group's latest financial reports and stock price the company's current Operating Margin is 0.81%. At the end of 2022 the company had an Operating Margin of 0.80%.
Operating Margin history for Addentax Group from 2016 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 0.80% | -105.55% |
| 2021 | -14.41% | 1.83% |
| 2020 | -14.15% | 106.91% |
| 2019 | -6.84% | 33.18% |
| 2018 | -5.14% | |
| 2016 | -170.91% |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.