Foshan Haitian Flavouring and Food
603288.SS
$5.20
Share price
-0.71%
Change (1 day)
-48.92%
Change (1 year)
Categories
Foshan Haitian Flavouring & Food Co. Ltd is a Chinese food company that manufactures sauces and condiments such as soy sauce, oyster, hoisin, shrimp and vinegar.
Operating Margin for Foshan Haitian Flavouring and Food (603288.SS)
Operating Margin as of April 2024 (TTM): 28.52%
According to Foshan Haitian Flavouring and Food's latest financial reports and stock price the company's current Operating Margin is 28.52%. At the end of 2022 the company had an Operating Margin of 28.76%.
Operating Margin history for Foshan Haitian Flavouring and Food from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 28.76% | -8.06% |
| 2021 | 31.28% | -6.72% |
| 2020 | 33.53% | 4.09% |
| 2019 | 32.21% | 5.06% |
| 2018 | 30.66% | 6.08% |
| 2017 | 28.90% | 5.49% |
| 2016 | 27.40% | 2.76% |
| 2015 | 26.66% | 5.02% |
| 2014 | 25.39% | 7.96% |
| 2013 | 23.51% | 11.6% |
| 2012 | 21.07% | 9.17% |
| 2011 | 19.30% | 9.46% |
| 2010 | 17.63% | -25.19% |
| 2009 | 23.57% |
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.