GAC (Guangzhou Automobile Group)
601238.SS
$1.18
Share price
0.71%
Change (1 day)
-22.37%
Change (1 year)
Categories
Operating Margin for GAC (Guangzhou Automobile Group) (601238.SS)
Operating Margin as of April 2024 (TTM): 5.08%
According to GAC (Guangzhou Automobile Group)'s latest financial reports and stock price the company's current Operating Margin is 5.08%. 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 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 7.08% | -30.27% |
| 2021 | 10.16% | 4.83% |
| 2020 | 9.69% | -14.84% |
| 2019 | 11.38% | -33.08% |
| 2018 | 17.00% | -3.43% |
| 2017 | 17.61% | 9.01% |
| 2016 | 16.15% | -8.64% |
| 2015 | 17.68% | 5.25% |
| 2014 | 16.80% | -2.92% |
| 2013 | 17.30% | 50.41% |
| 2012 | 11.50% | -71.69% |
| 2011 | 40.63% | -746.08% |
| 2010 | -6.29% | -12.03% |
| 2009 | -7.15% | 38.89% |
| 2008 | -5.15% | -152.45% |
| 2007 | 9.81% | 11.12% |
| 2006 | 8.83% | -4.64% |
| 2005 | 9.26% | -29.61% |
| 2004 | 13.16% |
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.