GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » JB Financial Group Co Ltd (XKRX:175330) » Definitions » Net Margin %

JB Financial Group Co (XKRX:175330) Net Margin % : 29.78% (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is JB Financial Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. JB Financial Group Co's Net Income for the three months ended in Mar. 2024 was ₩173,213 Mil. JB Financial Group Co's Revenue for the three months ended in Mar. 2024 was ₩581,629 Mil. Therefore, JB Financial Group Co's net margin for the quarter that ended in Mar. 2024 was 29.78%.

The historical rank and industry rank for JB Financial Group Co's Net Margin % or its related term are showing as below:

XKRX:175330' s Net Margin % Range Over the Past 10 Years
Min: 17.05   Med: 24.66   Max: 57.64
Current: 35.39


XKRX:175330's Net Margin % is ranked better than
76.29% of 1455 companies
in the Banks industry
Industry Median: 25.27 vs XKRX:175330: 35.39

JB Financial Group Co Net Margin % Historical Data

The historical data trend for JB Financial Group Co's Net Margin % 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.

JB Financial Group Co Net Margin % Chart

JB Financial Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.41 24.91 30.07 30.87 26.30

JB Financial Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % 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 29.99 29.59 29.52 16.33 29.78

Competitive Comparison of JB Financial Group Co's Net Margin %

For the Banks - Regional subindustry, JB Financial Group Co's Net Margin %, along with its competitors' market caps and Net Margin % 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.


JB Financial Group Co's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, JB Financial Group Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where JB Financial Group Co's Net Margin % falls into.



JB Financial Group Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

JB Financial Group Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=585981/2228265
=26.30 %

JB Financial Group Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=173213/581629
=29.78 %

* 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.


JB Financial Group Co  (XKRX:175330) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


JB Financial Group Co Net Margin % Related Terms

Thank you for viewing the detailed overview of JB Financial Group Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


JB Financial Group Co (XKRX:175330) Business Description

Traded in Other Exchanges
N/A
Address
566 Baekje-daero (669-2, Geumam-dong), Deokjin-gu, Jeollabuk-do, Jeonju, KOR, 561-711
JB Financial Group Co Ltd provides retail banking services through its subsidiaries in South Korea. The company derives all revenue domestically through three main segments: banking, capital, and asset management. Banking is the largest segment and offers retail banking, wealth management, insurance, deposits, loans, credit cards, foreign exchange, safe deposits, and Internet banking. Capital is the next largest source of bank revenue and offers services including currency exchange and marketable securities. The asset management segment provides services to the energy and resources of fund markets.

JB Financial Group Co (XKRX:175330) Headlines

No Headlines