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Harbin Bank Co (HKSE:06138) Net Margin % : 2.25% (As of Dec. 2023)


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What is Harbin Bank Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Harbin Bank Co's Net Income for the six months ended in Dec. 2023 was HK$166 Mil. Harbin Bank Co's Revenue for the six months ended in Dec. 2023 was HK$7,371 Mil. Therefore, Harbin Bank Co's net margin for the quarter that ended in Dec. 2023 was 2.25%.

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

HKSE:06138' s Net Margin % Range Over the Past 10 Years
Min: 2.36   Med: 29.71   Max: 38.81
Current: 6


HKSE:06138's Net Margin % is ranked worse than
90.95% of 1458 companies
in the Banks industry
Industry Median: 25.06 vs HKSE:06138: 6.00

Harbin Bank Co Net Margin % Historical Data

The historical data trend for Harbin Bank 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.

Harbin Bank Co Net Margin % Chart

Harbin Bank 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 25.00 5.28 2.36 4.75 6.00

Harbin Bank Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -10.03 7.42 1.20 10.51 2.25

Competitive Comparison of Harbin Bank Co's Net Margin %

For the Banks - Regional subindustry, Harbin Bank 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.


Harbin Bank Co's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Harbin Bank Co's Net Margin % falls into.



Harbin Bank 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.

Harbin Bank 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 )
=809.389/13496.74
=6.00 %

Harbin Bank Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=165.531/7370.968
=2.25 %

* 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.


Harbin Bank Co  (HKSE:06138) 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.


Harbin Bank Co Net Margin % Related Terms

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Harbin Bank Co (HKSE:06138) Business Description

Traded in Other Exchanges
N/A
Address
No. 888 Shangjiang Street, Daoli District, Harbin, CHN, 150010
Harbin Bank Co Ltd is a China-based company that operates a financial business throughout mainland China. The company's core businesses consist of the corporate banking business, which provides corporate customers with financial products and services, such as deposits, loans, settlement, clearing, and others; the retail banking business, which provides retail customers with financial products and services, such as deposits, bank cards, credit cards, personal loans, collateral loans, and personal wealth-management services; and the interbank financial business, which is involved in money market placements, investments, repurchasing, and foreign exchange transactions. The company generates over half of its revenue from the Heilongjiang province.

Harbin Bank Co (HKSE:06138) Headlines

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