Minesto AB
STO:MINEST
Operating Margin
Minesto AB
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| SE |
M
|
Minesto AB
STO:MINEST
|
312.5m SEK |
-49 793%
|
|
| DE |
|
Siemens Energy AG
XETRA:ENR
|
53.4B EUR |
0%
|
|
| JP |
|
Mitsubishi Electric Corp
TSE:6503
|
5.7T JPY |
7%
|
|
| CN |
|
NARI Technology Co Ltd
SSE:600406
|
177.9B CNY |
15%
|
|
| CN |
G
|
Goldwind Science & Technology Co Ltd
XMUN:CXGH
|
16.8B EUR |
3%
|
|
| CN |
|
Shanghai Electric Group Co Ltd
SSE:601727
|
113.4B CNY |
3%
|
|
| IN |
|
ABB India Ltd
NSE:ABB
|
1.2T INR |
18%
|
|
| DK |
|
Vestas Wind Systems A/S
CSE:VWS
|
87.8B DKK |
4%
|
|
| KR |
|
Doosan Enerbility Co Ltd
KRX:034020
|
18.5T KRW |
6%
|
|
| CN |
H
|
Hangzhou Steam Turbine Co Ltd
SZSE:200771
|
12.7B |
5%
|
|
| IN |
|
Bharat Heavy Electricals Ltd
NSE:BHEL
|
789.9B INR |
3%
|
Minesto AB
Glance View
Minesto AB engages in the development of technology for the production of renewable electricity from tidal and ocean currents. The company is headquartered in Vaestra Froelunda, Vastra Gotalands and currently employs 59 full-time employees. The company went IPO on 2015-11-09. The firm's product Deep Green, is a power plant that converts energy from tidal stream flows into electricity by way somewhat similar to the posture of a wind kite. The kite assembly, consisting of a wing and turbine, is attached by a tether to a fixed point on the ocean bed. As water flows over the hydrodynamic wind, a lift force is generated which allows the device to move smoothly through the water and for the turbine to rotate hence generating electricity. The firm has offices in Sweden, North Ireland and the United Kingdom. The firm is co-owned by SAAB, BGA Invest, Verdane Capital, Encubator and Midroc.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Minesto AB's most recent financial statements, the company has Operating Margin of -49 793.3%.
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