According to Cenntro Electric Group's latest financial reports and stock price the company's current Operating Margin is -191.46%. At the end of 2021 the company had an Operating Margin of -191.47%.
Year | Operating Margin | Change |
---|---|---|
2021 | -191.47% | 101.16% |
2020 | -95.18% | -82.55% |
2019 | -545.47% |
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.