This indicator reflects the net profit per 65,438+0 yuan operating income, indicating the income level of operating income. From the index relationship of operating net profit rate, net profit is directly proportional to operating net profit rate, and operating income is inversely proportional to operating net profit rate. While increasing operating income, the company must obtain more net profit accordingly, so as to keep the net operating profit rate unchanged or improve it.
Extended data:
Operating net profit rate = net profit/operating income × 100%.
Only when the growth rate of net profit is faster than the growth rate of operating income will the operating net profit rate rise. It should be noted that whether the net profit is affected by large extraordinary project gains and losses or large investment income is explained in the analysis report, and the amount can be ignored. Of course, profits should mainly come from operating income to be sustainable.
In the analysis of listed companies, we should pay attention to the one-time accidental income such as investment income and non-operating income, and the sudden rise of one-time income such as asset reorganization, non-monetary asset replacement, equity investment transfer, asset evaluation, unproductive assets and enterprise construction sales income to adjust earnings, that is, companies may use these means to adjust profits.
Baidu encyclopedia-net operating profit margin