According to NIU's latest financial reports and stock price the company's current Operating Margin is -9.34%. At the end of 2023 the company had an Operating Margin of -10.64%.
Year | Operating Margin | Change |
---|---|---|
2023 | -10.64% | 373.18% |
2022 | -2.25% | -130.52% |
2021 | 7.37% | -5.11% |
2020 | 7.76% | -18.72% |
2019 | 9.55% | -140.44% |
2018 | -23.62% | -1.6% |
2017 | -24.00% | -63.41% |
2016 | -65.59% |
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.