Summit State Bank
SSBI
#9226
Rank
HK$0.38 B
Marketcap
HK$56.34
Share price
4.92%
Change (1 day)
-54.90%
Change (1 year)

Operating Margin for Summit State Bank (SSBI)

Operating Margin as of October 2024 (TTM): 25.54%

According to Summit State Bank's latest financial reports and stock price the company's current Operating Margin is 25.54%. At the end of 2022 the company had an Operating Margin of 48.10%.

Operating Margin history for Summit State Bank from 2006 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202248.10%-3.12%
202149.64%14.37%
202043.41%24.43%
201934.88%3.78%
201833.61%15.15%
201729.19%-28.5%
201640.83%-19.28%
201550.58%2.53%
201449.33%22.37%
201340.31%26.35%
201231.91%48.74%
201121.45%12.02%
201019.15%-12.38%
200921.86%71.92%
200812.71%-53.66%
200727.43%-30.29%
200639.35%-9.42%
200543.45%-82.92%
2004254.43%-41.23%
2003432.90%-28.04%
2002601.60%

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.