According to Sheng Siong Group's latest financial reports and stock price the company's current Operating Margin is 12.06%. At the end of 2024 the company had an Operating Margin of 11.76%.
Year | Operating Margin | Change |
---|---|---|
2024 | 11.76% | -1.43% |
2023 | 11.93% | -2.04% |
2022 | 12.18% | 3.6% |
2021 | 11.75% | -0.77% |
2020 | 11.84% | 27.75% |
2019 | 9.27% | -2.45% |
2018 | 9.50% | -3.92% |
2017 | 9.89% | 3.42% |
2016 | 9.56% | 8% |
2015 | 8.86% | 11.34% |
2014 | 7.95% | 14.97% |
2013 | 6.92% | -12.5% |
2012 | 7.91% | 33.69% |
2011 | 5.91% | -23.73% |
2010 | 7.75% |
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.