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Bank of Chengdu Co (SHSE:601838) Net Margin % : 50.83% (As of Mar. 2024)


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What is Bank of Chengdu Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Bank of Chengdu Co's Net Income for the three months ended in Mar. 2024 was ¥2,851 Mil. Bank of Chengdu Co's Revenue for the three months ended in Mar. 2024 was ¥5,609 Mil. Therefore, Bank of Chengdu Co's net margin for the quarter that ended in Mar. 2024 was 50.83%.

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

SHSE:601838' s Net Margin % Range Over the Past 10 Years
Min: 30.23   Med: 41.21   Max: 54.77
Current: 54.77


SHSE:601838's Net Margin % is ranked better than
96.29% of 1455 companies
in the Banks industry
Industry Median: 25.27 vs SHSE:601838: 54.77

Bank of Chengdu Co Net Margin % Historical Data

The historical data trend for Bank of Chengdu 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.

Bank of Chengdu Co Net Margin % Chart

Bank of Chengdu 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 43.85 41.47 44.12 49.91 54.11

Bank of Chengdu 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 47.90 52.87 46.13 71.29 50.83

Competitive Comparison of Bank of Chengdu Co's Net Margin %

For the Banks - Regional subindustry, Bank of Chengdu 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.


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

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

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



Bank of Chengdu 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.

Bank of Chengdu 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 )
=11671.118/21567.402
=54.11 %

Bank of Chengdu 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 )
=2850.954/5608.842
=50.83 %

* 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.


Bank of Chengdu Co  (SHSE:601838) 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.


Bank of Chengdu Co Net Margin % Related Terms

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Bank of Chengdu Co (SHSE:601838) Business Description

Traded in Other Exchanges
N/A
Address
No.16 Xiyu Street, Sichuan, Chengdu, CHN
Bank of Chengdu Co Ltd is a state-owned commercial bank. Its principal businesses include business loans, fixed assets loans, bank acceptance bills, direct discounts on bank acceptance bills, guarantees, real estate development loans and legal person account overdrafts among other services. The bank provides its services in China.
Executives
He Wei Zhong Director
Cai Bing senior management
Zhang Peng Supervisors
Zheng Jun senior management
Luo Jie senior management
Li Wan Rong senior management
Li Jin Ming senior management
Luo Zheng senior management
Wang Hui Director
Li Ai Lan Director
Yang Rong Director
Wei Xiao Ying senior management
Huang Jian Jun senior management

Bank of Chengdu Co (SHSE:601838) Headlines

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