Ningbo Deye Technology Group Co., Ltd.
605117
Rank in Stocks
#1630
Established in 1990 and based in Ningbo, China, Ningbo Deye Technology Group... Established in 1990 and based in Ningbo, China, Ningbo Deye Technology Group Co., Ltd. specializes in a comprehensive range of technological solutions. The company's core offerings include variable frequency control systems, residential dehumidifiers, and various heat exchange products. Domestically, it supplies inverter controllers that are integral to numerous household appliances, such as air conditioners, refrigerators, washing machines, dehumidifiers, water pumps, dispensers, air purifiers, and plumbing heat pump systems. Beyond China, Deye Technology is a significant exporter of advanced inverter products, including standard inverters, solar and wind grid-connected inverters, solar charging controllers, and intelligent off-grid power generation systems. These products reach international markets spanning the United Kingdom, the United States, Germany, the Philippines, India, various nations in Africa and the Middle East, among others. Furthermore, the company manufactures specialized heat exchangers for diverse applications, encompassing domestic, commercial, mobile, and automotive air conditioning, as well as dehumidifiers, air energy heat exchange systems, and bespoke refrigeration units.
Share Price
$10.39
Market Cap
$13.22B
Change (1 day)
0.18%
Change (1 year)
44.83%
Country
CN
Trade Ningbo Deye Technology Group Co., Ltd. (605117)
Category
Industrials
Operating Margin for Ningbo Deye Technology Group Co., Ltd. (605117)
Operating Margin as of October 2026 TTM: 28.27%
According to Ningbo Deye Technology Group Co., Ltd. latest financial reports and stock price the company's current Operating Margin (TTM) is 28.27%. At the end of 2023 the company had an Operating Margin of 28.04%.
Operating Margin history for Ningbo Deye Technology Group Co., Ltd. from 2016 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 28.27% | -6.95% |
| 2024 | 30.38% | 8.35% |
| 2023 | 28.04% | -4.92% |
| 2022 | 29.49% | 87.24% |
| 2021 | 15.75% | 10.60% |
| 2020 | 14.24% | 25.68% |
| 2019 | 11.33% | 70.12% |
| 2018 | 6.66% | -21.09% |
| 2017 | 8.44% | -37.62% |
| 2016 | 13.53% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 0.00% | - |
CH
|
|
| 0.00% | - |
CN
|
|
| 17.68% | -99.37% |
IE
|
|
| 0.00% | - |
TH
|
|
| 19.40% | -99.31% |
US
|
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.