CITIC Bank
601998.SS
#534
Rank
$37.38 B
Marketcap
$0.86
Share price
0.81%
Change (1 day)
7.50%
Change (1 year)

Operating Margin for CITIC Bank (601998.SS)

Operating Margin as of March 2024 (TTM): 35.94%

According to CITIC Bank's latest financial reports and stock price the company's current Operating Margin is 35.94%. At the end of 2022 the company had an Operating Margin of 34.83%.

Operating Margin history for CITIC Bank from 2008 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202234.83%8.61%
202132.07%7.97%
202029.70%-1.53%
201930.16%-8.32%
201832.90%-1.2%
201733.30%-6.24%
201635.51%-6.31%
201537.90%-13.53%
201443.83%-12.88%
201350.31%8.24%
201246.48%-14.06%
201154.09%4.79%
201051.62%9.32%
200947.22%6.84%
200844.19%-6.37%
200747.20%23.06%
200638.36%-5.88%
200540.75%10.41%
200436.91%95.92%
200318.84%

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.