According to Hangzhou Electronic Soul Network Technology's latest financial reports and stock price the company's current Operating Margin is 28.58%. At the end of 2022 the company had an Operating Margin of 28.57%.
Year | Operating Margin | Change |
---|---|---|
2022 | 28.57% | -29.26% |
2021 | 40.39% | -8.95% |
2020 | 44.36% | 21.27% |
2019 | 36.58% | 24.18% |
2018 | 29.46% | -24.8% |
2017 | 39.17% | -27.38% |
2016 | 53.94% | 2.92% |
2015 | 52.41% | -17.21% |
2014 | 63.31% | -11.17% |
2013 | 71.27% | 4.41% |
2012 | 68.26% | 8.19% |
2011 | 63.09% |
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.