According to Kuke Music Holding's latest financial reports and stock price the company's current Operating Margin is 8.07%. At the end of 2023 the company had an Operating Margin of -61.53%.
Year | Operating Margin | Change |
---|---|---|
2023 | -61.53% | -92.05% |
2022 | -773.52% | 3807.05% |
2021 | -19.80% | 178.19% |
2020 | -7.12% | -115.78% |
2019 | 45.09% | 35.65% |
2018 | 33.24% |
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.