New Hope Liuhe
000876.SZ
#2630
Rank
โ‚ฌ4.87 B
Marketcap
1,05ย โ‚ฌ
Share price
-1.78%
Change (1 day)
-28.40%
Change (1 year)

Operating Margin for New Hope Liuhe (000876.SZ)

Operating Margin as of September 2024 (TTM): 2.77%

According to New Hope Liuhe's latest financial reports and stock price the company's current Operating Margin is 2.77%. At the end of 2022 the company had an Operating Margin of -1.24%.

Operating Margin history for New Hope Liuhe from 2002 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-1.24%-82.73%
2021-7.20%-228.28%
20205.61%-28.39%
20197.84%80.99%
20184.33%-15.62%
20175.13%-4.48%
20165.37%3.93%
20155.17%24.46%
20144.15%2.59%
20134.05%19.82%
20123.38%-33.16%
20115.06%29.76%
20103.90%-50.74%
20097.91%85.47%
20084.26%-48.54%
20078.29%-7.26%
20068.94%8.73%
20058.22%0.32%
20048.19%-4.77%
20038.60%-27.82%
200211.92%-7.01%
200112.82%

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.