Shenzhen Inovance
300124.SZ
#918
Rank
$21.64 B
Marketcap
$8.04
Share price
-4.34%
Change (1 day)
-6.20%
Change (1 year)
Shenzhen Inovance Technology Co., Ltd. is a Chinese company that engages in the manufacture and sale of industrial automation control products.

Operating Margin for Shenzhen Inovance (300124.SZ)

Operating Margin as of November 2024 (TTM): 15.14%

According to Shenzhen Inovance's latest financial reports and stock price the company's current Operating Margin is 15.14%. At the end of 2022 the company had an Operating Margin of 20.12%.

Operating Margin history for Shenzhen Inovance from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202220.12%-7.16%
202121.67%2.99%
202021.04%39.03%
201915.14%-31.59%
201822.13%-13.28%
201725.51%-12.27%
201629.08%-12.27%
201533.15%-4.23%
201434.61%-10.5%
201338.67%78.86%
201221.62%-26.3%
201129.34%-4.15%
201030.61%-1.27%
200931.00%21.77%
200825.46%-12.56%
200729.11%

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.