China Southern Airlines
600029.SS
#1393
Rank
$11.70 B
Marketcap
$0.76
Share price
-2.15%
Change (1 day)
-33.91%
Change (1 year)

Operating Margin for China Southern Airlines (600029.SS)

Operating Margin as of April 2024 (TTM): -28.47%

According to China Southern Airlines 's latest financial reports and stock price the company's current Operating Margin is -28.47%. At the end of 2022 the company had an Operating Margin of -36.24%.

Operating Margin history for China Southern Airlines from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-36.24%164.81%
2021-13.69%-16.64%
2020-16.42%-724.75%
20192.63%-13.52%
20183.04%-56.24%
20176.94%4.21%
20166.66%21.6%
20155.48%94.06%
20142.82%-20.13%
20133.54%-25.75%
20124.76%-37.9%
20117.67%-27.54%
201010.58%1242.11%
20090.79%-109.23%
2008-8.54%-259.32%
20075.36%772.81%
20060.61%-112.7%
2005-4.84%-597.9%
20040.97%-133.19%
2003-2.93%-146.32%
20026.32%34.18%
20014.71%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
3.78%-113.28%๐Ÿ‡บ๐Ÿ‡ธ USA
2.20%-107.73%๐Ÿ‡บ๐Ÿ‡ธ USA
-23.37%-17.91%๐Ÿ‡จ๐Ÿ‡ณ China

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.