New China Life Insurance
601336.SS
$4.28
Share price
2.04%
Change (1 day)
-12.83%
Change (1 year)
Categories
New China Life Insurance Co., also known as Xinhua Baoxian Jituan (ๆฐๅไฟ้ฉ้ๅข) is a Chinese life insurance company largely owned by the Chinese government.
Operating Margin for New China Life Insurance (601336.SS)
Operating Margin as of April 2024 (TTM): 21.74%
According to New China Life Insurance 's latest financial reports and stock price the company's current Operating Margin is 21.74%. At the end of 2022 the company had an Operating Margin of 3.04%.
Operating Margin history for New China Life Insurance from 2011 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 3.04% | -56.99% |
| 2021 | 7.06% | -6.01% |
| 2020 | 7.51% | -1.13% |
| 2019 | 7.60% | 11.12% |
| 2018 | 6.84% | 34.1% |
| 2017 | 5.10% | 14.82% |
| 2016 | 4.44% | -40.5% |
| 2015 | 7.46% | 36.76% |
| 2014 | 5.46% | 42.57% |
| 2013 | 3.83% | 95.54% |
| 2012 | 1.96% | -34.75% |
| 2011 | 3.00% | 36.33% |
| 2010 | 2.20% | -38.87% |
| 2009 | 3.60% | 881.54% |
| 2008 | 0.37% |
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.