According to Zhejiang Century Huatong's latest financial reports and stock price the company's current Operating Margin is 9.31%. At the end of 2022 the company had an Operating Margin of -60.73%.
Year | Operating Margin | Change |
---|---|---|
2022 | -60.73% | -360.75% |
2021 | 23.29% | 1.91% |
2020 | 22.86% | 9.62% |
2019 | 20.85% | -27.23% |
2018 | 28.65% | 4.07% |
2017 | 27.53% | 60.2% |
2016 | 17.19% | 11.74% |
2015 | 15.38% | 11.07% |
2014 | 13.85% | 69.88% |
2013 | 8.15% | -31.65% |
2012 | 11.93% | -27.35% |
2011 | 16.41% | -18.05% |
2010 | 20.03% | -0% |
2009 | 20.03% | 0.35% |
2008 | 19.96% |
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.