OneConnect
OCFT
#8593
Rank
HK$0.91 B
Marketcap
HK$20.43
Share price
1.16%
Change (1 day)
-6.08%
Change (1 year)

Operating Margin for OneConnect (OCFT)

Operating Margin as of November 2024 (TTM): -7.44%

According to OneConnect's latest financial reports and stock price the company's current Operating Margin is -7.44%. At the end of 2022 the company had an Operating Margin of -22.18%.

Operating Margin history for OneConnect from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-22.18%-36.46%
2021-34.91%-25.46%
2020-46.83%-38.14%
2019-75.71%-8.05%
2018-82.34%-50.94%
2017-167.83%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-7.44% 0.00%๐Ÿ‡จ๐Ÿ‡ณ China

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.