Greenland Technologies Holding Corp. Annual Operating Margin in % from 2018 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Greenland Technologies Holding Corp. quarterly/annual Operating Margin history and growth rate from 2018 to 2023.
  • Greenland Technologies Holding Corp. Operating Margin for the quarter ending June 30, 2024 was 12.1 %, a 69.7% increase year-over-year.
  • Greenland Technologies Holding Corp. annual Operating Margin for 2023 was 11.9 %, a 81.9% increase from 2022.
  • Greenland Technologies Holding Corp. annual Operating Margin for 2022 was 6.56 %, a 21.4% decline from 2021.
  • Greenland Technologies Holding Corp. annual Operating Margin for 2021 was 8.35 %, a 16.8% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 11.9 +5.37 +81.9% Jan 1, 2023 Dec 31, 2023
2022 6.56 -1.79 -21.4% Jan 1, 2022 Dec 31, 2022
2021 8.35 -1.69 -16.8% Jan 1, 2021 Dec 31, 2021
2020 10 -2.57 -20.4% Jan 1, 2020 Dec 31, 2020
2019 12.6 -1.84 -12.7% Jan 1, 2019 Dec 31, 2019
2018 14.4 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.