China Tourism Group Duty Free
601888.SS
Operating Margin for China Tourism Group Duty Free (601888.SS)
Operating Margin as of April 2024 (TTM): 12.78%
According to China Tourism Group Duty Free's latest financial reports and stock price the company's current Operating Margin is 12.78%. At the end of 2022 the company had an Operating Margin of 14.35%.
Operating Margin history for China Tourism Group Duty Free from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 14.35% | -35.36% |
| 2021 | 22.20% | 20.51% |
| 2020 | 18.42% | 23.18% |
| 2019 | 14.95% | 31.59% |
| 2018 | 11.36% | -16.29% |
| 2017 | 13.58% | 13.55% |
| 2016 | 11.95% | 9.77% |
| 2015 | 10.89% | -2.76% |
| 2014 | 11.20% | -0.43% |
| 2013 | 11.25% | 15.37% |
| 2012 | 9.75% | 11.72% |
| 2011 | 8.73% | 14.83% |
| 2010 | 7.60% | -18.42% |
| 2009 | 9.32% | 17.87% |
| 2008 | 7.90% | 27.54% |
| 2007 | 6.20% | 17.86% |
| 2006 | 5.26% |
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.