LONGi Green Energy Technology
601012.SS
$2.58
Share price
0.43%
Change (1 day)
-46.71%
Change (1 year)
Categories
Operating Margin for LONGi Green Energy Technology (601012.SS)
Operating Margin as of May 2024 (TTM): 12.80%
According to LONGi Green Energy Technology's latest financial reports and stock price the company's current Operating Margin is 12.80%. At the end of 2022 the company had an Operating Margin of 12.72%.
Operating Margin history for LONGi Green Energy Technology from 2011 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 12.72% | 0.58% |
| 2021 | 12.64% | -30.38% |
| 2020 | 18.16% | -4.37% |
| 2019 | 18.99% | 45.61% |
| 2018 | 13.04% | -46.89% |
| 2017 | 24.55% | 57.93% |
| 2016 | 15.55% | 56.03% |
| 2015 | 9.96% | 14.87% |
| 2014 | 8.67% | 112.74% |
| 2013 | 4.08% | -192.65% |
| 2012 | -4.40% | -126.92% |
| 2011 | 16.35% | -47.57% |
| 2010 | 31.18% | 131.21% |
| 2009 | 13.48% | -17.95% |
| 2008 | 16.43% | -58.9% |
| 2007 | 39.99% |
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.