Zhejiang Century Huatong
002602.SZ
#2629
Rank
$4.41 B
Marketcap
$0.59
Share price
0.25%
Change (1 day)
-46.36%
Change (1 year)

Operating Margin for Zhejiang Century Huatong (002602.SZ)

Operating Margin as of January 2023 (TTM): 5.67%

According to Zhejiang Century Huatong's latest financial reports and stock price the company's current Operating Margin is 5.67%. At the end of 2021 the company had an Operating Margin of 23.29%.

Operating Margin history for Zhejiang Century Huatong from 2010 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202123.29%1.91%
202022.86%9.62%
201920.85%61.29%
201812.93%-53.05%
201727.53%60.2%
201617.19%11.74%
201515.38%11.07%
201413.85%69.88%
20138.15%-31.65%
201211.93%-27.35%
201116.41%-18.05%
201020.03%
200920.03%0.35%
200819.96%

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.