Cenntro Electric Group
CENN
#8971
Rank
NZ$59.39 M
Marketcap
$1.93
Share price
-0.67%
Change (1 day)
-95.43%
Change (1 year)

Operating Margin for Cenntro Electric Group (CENN)

Operating Margin as of September 2024 (TTM): -223.89%

According to Cenntro Electric Group's latest financial reports and stock price the company's current Operating Margin is -223.89%. At the end of 2022 the company had an Operating Margin of -1,254.16%.

Operating Margin history for Cenntro Electric Group from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-1,254.16%555.03%
2021-191.47%101.16%
2020-95.18%-82.55%
2019-545.47%

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.