Tsingtao
600600.SS
$10.90
Share price
0.48%
Change (1 day)
-35.77%
Change (1 year)
Categories
Tsingtao is a Chinese brewery company founded in 1903 in the former German colonial city of Tsingtau in the People's Republic of China.
Operating Margin for Tsingtao (600600.SS)
Operating Margin as of April 2024 (TTM): 16.23%
According to Tsingtao's latest financial reports and stock price the company's current Operating Margin is 16.23%. At the end of 2022 the company had an Operating Margin of 15.56%.
Operating Margin history for Tsingtao from 2002 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 15.56% | 4.8% |
| 2021 | 14.85% | 27.23% |
| 2020 | 11.67% | 19.76% |
| 2019 | 9.74% | 8.82% |
| 2018 | 8.95% | 11.79% |
| 2017 | 8.01% | -1.52% |
| 2016 | 8.13% | -1.19% |
| 2015 | 8.23% | -10.87% |
| 2014 | 9.24% | -2.01% |
| 2013 | 9.43% | -2.18% |
| 2012 | 9.64% | -9.11% |
| 2011 | 10.60% | -0.65% |
| 2010 | 10.67% | 10.59% |
| 2009 | 9.65% | 39.53% |
| 2008 | 6.92% | -5.58% |
| 2007 | 7.32% | 39.11% |
| 2006 | 5.27% | -0.15% |
| 2005 | 5.27% | -3.81% |
| 2004 | 5.48% | -3.44% |
| 2003 | 5.68% | 4.33% |
| 2002 | 5.44% | 57.27% |
| 2001 | 3.46% |
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.