LONGi Green Energy Technology
601012.SS
#981
Rank
A$30.83 B
Marketcap
$4.07
Share price
0.26%
Change (1 day)
-19.86%
Change (1 year)

Operating Margin for LONGi Green Energy Technology (601012.SS)

Operating Margin as of November 2024 (TTM): -8.52%

According to LONGi Green Energy Technology's latest financial reports and stock price the company's current Operating Margin is -8.52%. 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 2024

Operating Margin at the end of each year

Year Operating Margin Change
202212.72%0.18%
202112.69%-30.1%
202018.16%-4.37%
201918.99%45.61%
201813.04%-46.89%
201724.55%57.93%
201615.55%56.03%
20159.96%14.87%
20148.67%112.74%
20134.08%-192.65%
2012-4.40%-126.92%
201116.35%-47.57%
201031.18%131.21%
200913.48%-17.95%
200816.43%-58.9%
200739.99%

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.