New World Development Company
0017.HK
#4610
Rank
$1.68 B
Marketcap
$0.67
Share price
0.39%
Change (1 day)
-55.97%
Change (1 year)

Operating Margin for New World Development Company (0017.HK)

Operating Margin at the end of 2023: 10.60%

According to New World Development Company's latest financial reports and stock price the company's current Operating Margin is 10.60%. At the end of 2023 the company had an Operating Margin of 10.60%.

Operating Margin history for New World Development Company from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202310.60%-21.5%
202213.51%-10.79%
202115.14%-17.22%
202018.29%-51.79%
201937.95%-30.95%
201854.96%104.34%
201726.89%-14.36%
201631.40%-44.28%
201556.36%66.93%
201433.76%-32.25%
201349.83%-5.19%
201252.56%10.94%
201147.37%-18.53%
201058.15%238.73%
200917.17%-64.49%
200848.34%68.75%
200728.65%95.37%
200614.66%-36.57%
200523.12%-514.96%
2004-5.57%-77.2%
2003-24.43%-346.74%
20029.90%116.02%
20014.58%

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.