China Merchants Shekou Industrial Zone
001979.SZ
#1535
Rank
โ‚ฌ10.16 B
Marketcap
1,12ย โ‚ฌ
Share price
1.97%
Change (1 day)
-31.97%
Change (1 year)

Operating Margin for China Merchants Shekou Industrial Zone (001979.SZ)

Operating Margin as of September 2024 (TTM): 6.84%

According to China Merchants Shekou Industrial Zone's latest financial reports and stock price the company's current Operating Margin is 6.84%. At the end of 2023 the company had an Operating Margin of 7.99%.

Operating Margin history for China Merchants Shekou Industrial Zone from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.99%-7.52%
20228.64%-39.22%
202114.22%-23.55%
202018.60%-30.46%
201926.75%-11.24%
201830.13%9.48%
201727.52%6.41%
201625.87%22.3%
201521.15%-0.78%
201421.32%-16.48%
201325.52%-5.46%
201226.99%

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.