CCSC Technology International Holdings
CCTG
#9163
Rank
S$24.57 M
Marketcap
$2.12
Share price
-0.68%
Change (1 day)
N/A
Change (1 year)

Operating Margin for CCSC Technology International Holdings (CCTG)

Operating Margin at the end of 2023: 7.69%

According to CCSC Technology International Holdings's latest financial reports and stock price the company's current Operating Margin is 7.69%. At the end of 2023 the company had an Operating Margin of 7.69%.

Operating Margin history for CCSC Technology International Holdings from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20237.69%-15.71%
20229.13%-23.57%
202111.94%

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.