Zhejiang Century Huatong
002602.SZ
#2957
Rank
C$6.14 B
Marketcap
$0.82
Share price
0.71%
Change (1 day)
-25.72%
Change (1 year)

Operating Margin for Zhejiang Century Huatong (002602.SZ)

Operating Margin as of November 2024 (TTM): 9.69%

According to Zhejiang Century Huatong's latest financial reports and stock price the company's current Operating Margin is 9.69%. At the end of 2022 the company had an Operating Margin of -60.73%.

Operating Margin history for Zhejiang Century Huatong from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-60.73%-360.75%
202123.29%1.91%
202022.86%9.62%
201920.85%-27.23%
201828.65%4.07%
201727.53%60.2%
201617.19%11.74%
201515.38%11.07%
201413.85%69.88%
20138.15%-31.65%
201211.93%-27.35%
201116.41%-18.05%
201020.03%-0%
200920.03%0.35%
200819.96%

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.