According to GuangZhou Wahlap Technology's latest financial reports and stock price the company's current Operating Margin is 10.22%. At the end of 2023 the company had an Operating Margin of 8.47%.
Year | Operating Margin | Change |
---|---|---|
2023 | 8.47% | -172.36% |
2022 | -11.70% | -227.83% |
2021 | 9.15% | -16.01% |
2020 | 10.90% | -17.31% |
2019 | 13.18% | 62.76% |
2018 | 8.10% | -22.38% |
2017 | 10.43% | |
2014 | -2.85% | -22.38% |
2013 | -3.67% |
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.