COSCO SHIPPING Development
601866.SS
$0.35
Share price
2.85%
Change (1 day)
-5.41%
Change (1 year)
Categories
Operating Margin for COSCO SHIPPING Development (601866.SS)
Operating Margin as of May 2024 (TTM): 15.85%
According to COSCO SHIPPING Development's latest financial reports and stock price the company's current Operating Margin is 15.85%. At the end of 2022 the company had an Operating Margin of 28.49%.
Operating Margin history for COSCO SHIPPING Development from 2008 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 28.49% | 10.53% |
| 2021 | 25.78% | 6.26% |
| 2020 | 24.26% | -35.78% |
| 2019 | 37.78% | 23.7% |
| 2018 | 30.54% | 10.38% |
| 2017 | 27.67% | 92.15% |
| 2016 | 14.40% | -299.59% |
| 2015 | -7.21% | -222.6% |
| 2014 | 5.88% | -202.36% |
| 2013 | -5.75% | -367.25% |
| 2012 | 2.15% | -124.95% |
| 2011 | -8.62% | -166.19% |
| 2010 | 13.02% | -141.92% |
| 2009 | -31.07% | -2411.7% |
| 2008 | 1.34% | -88.06% |
| 2007 | 11.26% | 142.49% |
| 2006 | 4.64% | -70.7% |
| 2005 | 15.84% | -33.77% |
| 2004 | 23.92% | 123.76% |
| 2003 | 10.69% |
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.