GAC (Guangzhou Automobile Group)
601238.SS
#1960
Rank
โ‚ฌ7.48 B
Marketcap
0,93ย โ‚ฌ
Share price
2.52%
Change (1 day)
-29.48%
Change (1 year)

Operating Margin for GAC (Guangzhou Automobile Group) (601238.SS)

Operating Margin as of September 2024 (TTM): 2.03%

According to GAC (Guangzhou Automobile Group)'s latest financial reports and stock price the company's current Operating Margin is 2.03%. At the end of 2022 the company had an Operating Margin of 7.08%.

Operating Margin history for GAC (Guangzhou Automobile Group) from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20227.08%-30.27%
202110.16%4.83%
20209.69%-14.84%
201911.38%-33.08%
201817.00%-3.44%
201717.61%9.03%
201616.15%-8.64%
201517.68%4.91%
201416.85%-2.61%
201317.30%50.02%
201211.53%-71.61%
201140.63%-746.1%
2010-6.29%-12.03%
2009-7.15%41.94%
2008-5.04%181.47%
2007-1.79%-120.33%
20068.80%-4.94%
20059.26%-29.61%
200413.16%

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.