GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » JiLin JiuTai Rural Commercial Bank Corp Ltd (HKSE:06122) » Definitions » Net Margin %

JiLin JiuTai Rural Commercial Bank (HKSE:06122) Net Margin % : 0.73% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is JiLin JiuTai Rural Commercial Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. JiLin JiuTai Rural Commercial Bank's Net Income for the six months ended in Dec. 2023 was HK$21 Mil. JiLin JiuTai Rural Commercial Bank's Revenue for the six months ended in Dec. 2023 was HK$2,850 Mil. Therefore, JiLin JiuTai Rural Commercial Bank's net margin for the quarter that ended in Dec. 2023 was 0.73%.

The historical rank and industry rank for JiLin JiuTai Rural Commercial Bank's Net Margin % or its related term are showing as below:

HKSE:06122' s Net Margin % Range Over the Past 10 Years
Min: 3.41   Med: 21.76   Max: 33.94
Current: 3.41


HKSE:06122's Net Margin % is ranked worse than
93.55% of 1457 companies
in the Banks industry
Industry Median: 25.32 vs HKSE:06122: 3.41

JiLin JiuTai Rural Commercial Bank Net Margin % Historical Data

The historical data trend for JiLin JiuTai Rural Commercial Bank'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.

JiLin JiuTai Rural Commercial Bank Net Margin % Chart

JiLin JiuTai Rural Commercial Bank 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 21.79 20.90 18.37 25.20 3.41

JiLin JiuTai Rural Commercial Bank Semi-Annual Data
Dec13 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 20.08 24.16 26.06 6.40 0.73

Competitive Comparison of JiLin JiuTai Rural Commercial Bank's Net Margin %

For the Banks - Regional subindustry, JiLin JiuTai Rural Commercial Bank'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.


JiLin JiuTai Rural Commercial Bank's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, JiLin JiuTai Rural Commercial Bank's Net Margin % distribution charts can be found below:

* The bar in red indicates where JiLin JiuTai Rural Commercial Bank's Net Margin % falls into.



JiLin JiuTai Rural Commercial Bank 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.

JiLin JiuTai Rural Commercial Bank'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 )
=184.135/5399.003
=3.41 %

JiLin JiuTai Rural Commercial Bank'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 )
=20.905/2850.071
=0.73 %

* 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.


JiLin JiuTai Rural Commercial Bank  (HKSE:06122) 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.


JiLin JiuTai Rural Commercial Bank Net Margin % Related Terms

Thank you for viewing the detailed overview of JiLin JiuTai Rural Commercial Bank's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


JiLin JiuTai Rural Commercial Bank (HKSE:06122) Business Description

Traded in Other Exchanges
Address
No. 2559 Wei Shan Road, High and New Technology Development Zone, Jilin Province, Changchun, CHN
JiLin JiuTai Rural Commercial Bank Corp Ltd is engaged in the provision of banking services. The company's operating segment includes Corporate banking; Retail banking; Treasury operations and Others. The bank offers loan business, deposits, certificates of deposits, and other related services. It generates maximum revenue from the Corporate banking segment. Geographically, the firm operates in Mainland China.

JiLin JiuTai Rural Commercial Bank (HKSE:06122) Headlines

No Headlines