Description
The operating profit margin of Chinese industrial enterprises is compiled and released by the National Bureau of Statistics of China (NBS of China). This indicator is the proportion of profits earned by industrial enterprises in operating income. It is an important indicator for evaluating the financial health and profitability of Chinese enterprises. A higher profit margin indicates that the company has effective cost control and good operating conditions; while a decrease in profit margin may indicate that the company is facing higher cost pressure or reduced revenue.
Note: Industrial enterprises above designated size include enterprises with annual operating income of more than 20 million yuan.