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Fidelity China Special Situations (CHIX:FCSSL) Net Interest Margin (Bank Only) % : -170.14% (As of Sep. 2023)


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What is Fidelity China Special Situations Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Fidelity China Special Situations's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2023 was £-50.40 Mil. Fidelity China Special Situations's average earning assets for the quarter that ended in Sep. 2023 was £29.63 Mil. Therefore, Fidelity China Special Situations's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2023 was -170.14%.


Fidelity China Special Situations Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Fidelity China Special Situations's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fidelity China Special Situations Net Interest Margin (Bank Only) % Chart

Fidelity China Special Situations Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.17 -17.45 -26.89 -18.39 -44.39

Fidelity China Special Situations Quarterly Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -42.06 -30.90 -36.84 -81.46 -170.14

Competitive Comparison of Fidelity China Special Situations's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Fidelity China Special Situations's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fidelity China Special Situations's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fidelity China Special Situations's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Fidelity China Special Situations's Net Interest Margin (Bank Only) % falls into.



Fidelity China Special Situations Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Fidelity China Special Situations's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Mar. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Mar. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Mar. 2022 ) + Earning Assets (A: Mar. 2023 ))/ count )
=-14.878/( (32.22 + 34.813)/ 2 )
=-14.878/33.5165
=-44.39 %

where

Earning Assets(A: Mar. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=32.22 + 0 + 0
=32.22

Earning Assets(A: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=34.813 + 0 + 0
=34.813

Fidelity China Special Situations's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Mar. 2023 ) + Earning Assets (Q: Sep. 2023 ))/ count )
=-50.404/( (34.813 + 24.438)/ 2 )
=-50.404/29.6255
=-170.14 %

where

Earning Assets(Q: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=34.813 + 0 + 0
=34.813

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=24.438 + 0 + 0
=24.438

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Sep. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Fidelity China Special Situations  (CHIX:FCSSl) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Fidelity China Special Situations Net Interest Margin (Bank Only) % Related Terms

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Fidelity China Special Situations (CHIX:FCSSL) Business Description

Traded in Other Exchanges
Address
Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP
Fidelity China Special Situations PLC is an investment company. Its investment objective is to achieve long-term capital growth from an actively managed portfolio. The company focuses on investing in securities issued by companies listed in China or Hong Kong and any other Chinese companies listed elsewhere as well as the companies which have interests in China and Hong Kong. Its portfolio consists of various financial instruments such as equities, index-linked, equity-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, equity-related securities, forward transactions, and derivative instruments. The company may use gearing such as Contracts for Difference to meet its determined investment goals.

Fidelity China Special Situations (CHIX:FCSSL) Headlines

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