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Bank of East Asia (Bank of East Asia) Gross-Profit-to-Asset % : 2.38% (As of Dec. 2023)


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What is Bank of East Asia Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Bank of East Asia's annualized Gross Profit for the quarter that ended in Dec. 2023 was $2,641 Mil. Bank of East Asia's average Total Assets over the quarter that ended in Dec. 2023 was $110,748 Mil. Therefore, Bank of East Asia's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 2.38%.


Bank of East Asia Gross-Profit-to-Asset % Historical Data

The historical data trend for Bank of East Asia's Gross-Profit-to-Asset % 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.

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Bank of East Asia Gross-Profit-to-Asset % Chart

Bank of East Asia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 1.93 1.76 1.95 2.34

Bank of East Asia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % 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 1.68 1.71 2.16 2.30 2.38

Competitive Comparison of Bank of East Asia's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Bank of East Asia's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 East Asia's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of East Asia's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Bank of East Asia's Gross-Profit-to-Asset % falls into.



Bank of East Asia Gross-Profit-to-Asset % Calculation

Bank of East Asia's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2618.377/( (113394.944+110164.281)/ 2 )
=2618.377/111779.6125
=2.34 %

Bank of East Asia's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2641.296/( (111332.695+110164.281)/ 2 )
=2641.296/110748.488
=2.38 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Bank of East Asia Gross-Profit-to-Asset % Related Terms

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Bank of East Asia (Bank of East Asia) Business Description

Traded in Other Exchanges
Address
10 Des Voeux Road Central, Hong Kong, HKG
Bank of East Asia Ltd provides banking services. The company's segments include Personal banking; Wholesale banking; Treasury markets; Wealth management; Centralised operations; Others; Mainland China operations; Overseas operations and Corporate management. It generates maximum revenue from the Personal banking segment. The Personal Banking segment includes branch operations, personal internet banking, consumer finance, property loans, and credit card business to individual customers in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong.

Bank of East Asia (Bank of East Asia) Headlines

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