China Gas
0384.HK
#2969
Rank
$4.42 B
Marketcap
$0.81
Share price
1.77%
Change (1 day)
-11.46%
Change (1 year)
China Gas is a Chinese natural gas company that distributes natural gas in 273 Chinese cities.

Operating Margin for China Gas (0384.HK)

Operating Margin at the end of 2023: 8.58%

According to China Gas 's latest financial reports and stock price the company's current Operating Margin is 8.58%. At the end of 2023 the company had an Operating Margin of 8.58%.

Operating Margin history for China Gas from 2002 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20238.58%-38.17%
202213.88%-37.38%
202122.16%-6.5%
202023.70%12.91%
201920.99%17.9%
201817.81%-13.78%
201720.65%36.1%
201615.17%-10.42%
201516.94%1.61%
201416.67%-4.3%
201317.42%30.02%
201213.40%22.68%
201110.92%-34.26%
201016.61%77.57%
20099.35%29.21%
20087.24%-55.51%
200716.27%-35.91%
200625.39%-25.97%
200534.30%12.06%
200430.61%-144.64%
2003-68.56%-55.17%
2002-152.95%

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.