According to CITIC Bank's latest financial reports and stock price the company's current Operating Margin is 35.94%. At the end of 2022 the company had an Operating Margin of 34.83%.
Year | Operating Margin | Change |
---|---|---|
2022 | 34.83% | 8.61% |
2021 | 32.07% | 7.97% |
2020 | 29.70% | -1.53% |
2019 | 30.16% | -8.32% |
2018 | 32.90% | -1.2% |
2017 | 33.30% | -6.24% |
2016 | 35.51% | -6.31% |
2015 | 37.90% | -13.53% |
2014 | 43.83% | -12.88% |
2013 | 50.31% | 8.24% |
2012 | 46.48% | -14.06% |
2011 | 54.09% | 4.79% |
2010 | 51.62% | 9.32% |
2009 | 47.22% | 6.84% |
2008 | 44.19% | -6.37% |
2007 | 47.20% | 23.06% |
2006 | 38.36% | -5.88% |
2005 | 40.75% | 10.41% |
2004 | 36.91% | 95.92% |
2003 | 18.84% |
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.