Bank of Ningbo
002142.SZ
$3.17
Share price
0.39%
Change (1 day)
-19.95%
Change (1 year)
Categories
Operating Margin for Bank of Ningbo (002142.SZ)
Operating Margin as of May 2024 (TTM): 44.97%
According to Bank of Ningbo 's latest financial reports and stock price the company's current Operating Margin is 44.97%. At the end of 2022 the company had an Operating Margin of 43.69%.
Operating Margin history for Bank of Ningbo from 2007 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 43.69% | 12.75% |
| 2021 | 38.75% | -3.37% |
| 2020 | 40.10% | -7.58% |
| 2019 | 43.39% | 8.77% |
| 2018 | 39.89% | -0.62% |
| 2017 | 40.13% | -1.68% |
| 2016 | 40.82% | -0.6% |
| 2015 | 41.07% | -9.99% |
| 2014 | 45.63% | -3.78% |
| 2013 | 47.42% | -3.81% |
| 2012 | 49.30% | -2.69% |
| 2011 | 50.66% | 1.58% |
| 2010 | 49.87% | 19% |
| 2009 | 41.90% | -6.34% |
| 2008 | 44.74% | -15.27% |
| 2007 | 52.80% | 3.82% |
| 2006 | 50.86% | -4.39% |
| 2005 | 53.20% | -5.56% |
| 2004 | 56.33% |
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.