Qingdao Port International
601298.SS
#2298
Rank
S$10.26 B
Marketcap
S$1.58
Share price
-0.80%
Change (1 day)
4.20%
Change (1 year)

Operating Margin for Qingdao Port International (601298.SS)

Operating Margin at the end of 2024: 37.97%

According to Qingdao Port International's latest financial reports and stock price the company's current Operating Margin is 37.96%. At the end of 2024 the company had an Operating Margin of 37.97%.

Operating Margin history for Qingdao Port International from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202437.97%-0.74%
202338.25%9.81%
202234.84%-2.69%
202135.80%-17.47%
202043.38%-1.44%
201944.01%4.18%
201842.24%1.88%
201741.47%19.13%
201634.81%2.9%
201533.83%15.22%
201429.36%-1.75%
201329.88%

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.