Shenzhen Inovance
300124.SZ
$8.18
Share price
3.24%
Change (1 day)
-7.47%
Change (1 year)
Shenzhen Inovance Technology Co., Ltd. is a Chinese company that engages in the manufacture and sale of industrial automation control products.
Operating Margin for Shenzhen Inovance (300124.SZ)
Operating Margin as of April 2024 (TTM): 20.22%
According to Shenzhen Inovance's latest financial reports and stock price the company's current Operating Margin is 20.22%. At the end of 2022 the company had an Operating Margin of 20.12%.
Operating Margin history for Shenzhen Inovance from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 20.12% | -7.16% |
| 2021 | 21.67% | 2.99% |
| 2020 | 21.04% | 39.03% |
| 2019 | 15.14% | -31.59% |
| 2018 | 22.13% | -13.28% |
| 2017 | 25.51% | -12.27% |
| 2016 | 29.08% | -12.27% |
| 2015 | 33.15% | -4.23% |
| 2014 | 34.61% | -10.5% |
| 2013 | 38.67% | 78.86% |
| 2012 | 21.62% | -26.3% |
| 2011 | 29.34% | -4.15% |
| 2010 | 30.61% | -1.27% |
| 2009 | 31.00% | 21.77% |
| 2008 | 25.46% | -12.56% |
| 2007 | 29.11% |
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.