According to Shenzhen Bingchuan Network's latest financial reports and stock price the company's current Operating Margin is 6.87%. At the end of 2022 the company had an Operating Margin of 6.81%.
Year | Operating Margin | Change |
---|---|---|
2022 | 6.81% | -158.23% |
2021 | -11.70% | -147.66% |
2020 | 24.55% | -41.25% |
2019 | 41.79% | 16.49% |
2018 | 35.87% | 6.07% |
2017 | 33.82% | -21.34% |
2016 | 42.99% | -22.65% |
2015 | 55.58% | 14.02% |
2014 | 48.75% | -4.3% |
2013 | 50.94% | -14.46% |
2012 | 59.55% | -2.6% |
2011 | 61.14% |
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.