Bank of Ningbo
002142.SZ
#911
Rank
S$29.42 B
Marketcap
$4.46
Share price
-2.91%
Change (1 day)
-3.66%
Change (1 year)

Operating Margin for Bank of Ningbo (002142.SZ)

Operating Margin as of November 2024 (TTM): 46.70%

According to Bank of Ningbo 's latest financial reports and stock price the company's current Operating Margin is 46.70%. At the end of 2022 the company had an Operating Margin of 43.69%.

Operating Margin history for Bank of Ningbo from 2007 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202243.69%12.75%
202138.75%-3.37%
202040.10%-7.59%
201943.39%8.78%
201839.89%-0.62%
201740.13%-1.68%
201640.82%-0.6%
201541.07%-9.99%
201445.63%-3.78%
201347.42%-3.81%
201249.30%-2.69%
201150.66%1.58%
201049.87%19%
200941.90%-6.34%
200844.74%-15.27%
200752.80%3.82%
200650.86%-4.39%
200553.20%-5.56%
200456.33%

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.