New China Life Insurance
601336.SS
#1046
Rank
S$24.68 B
Marketcap
$9.34
Share price
-3.75%
Change (1 day)
57.37%
Change (1 year)
New China Life Insurance Co., also known as Xinhua Baoxian Jituan (ๆ–ฐๅŽไฟ้™ฉ้›†ๅ›ข) is a Chinese life insurance company largely owned by the Chinese government.

Operating Margin for New China Life Insurance (601336.SS)

Operating Margin as of November 2024 (TTM): 90.89%

According to New China Life Insurance 's latest financial reports and stock price the company's current Operating Margin is 90.89%. At the end of 2022 the company had an Operating Margin of 3.04%.

Operating Margin history for New China Life Insurance from 2011 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20223.04%-56.99%
20217.06%-6.01%
20207.51%-1.13%
20197.60%11.12%
20186.84%34.1%
20175.10%14.82%
20164.44%-40.5%
20157.46%36.76%
20145.46%42.17%
20133.84%96.1%
20121.96%-34.75%
20113.00%36.33%
20102.20%-38.87%
20093.60%881.54%
20080.37%

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.