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China Minsheng Banking (China Minsheng Banking) Gross-Profit-to-Asset % : 1.84% (As of Dec. 2023)


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What is China Minsheng Banking 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. China Minsheng Banking's annualized Gross Profit for the quarter that ended in Dec. 2023 was $19,334 Mil. China Minsheng Banking's average Total Assets over the quarter that ended in Dec. 2023 was $1,052,806 Mil. Therefore, China Minsheng Banking's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 1.84%.


China Minsheng Banking Gross-Profit-to-Asset % Historical Data

The historical data trend for China Minsheng Banking'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.

* Premium members only.

China Minsheng Banking Gross-Profit-to-Asset % Chart

China Minsheng Banking 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 2.82 2.81 2.46 1.92 1.86

China Minsheng Banking Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.89 1.99 1.79 1.82 1.84

Competitive Comparison of China Minsheng Banking's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, China Minsheng Banking'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.


China Minsheng Banking's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Minsheng Banking's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where China Minsheng Banking's Gross-Profit-to-Asset % falls into.



China Minsheng Banking Gross-Profit-to-Asset % Calculation

China Minsheng Banking'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 )
=19721.716/( (1040732.246+1074894.961)/ 2 )
=19721.716/1057813.6035
=1.86 %

China Minsheng Banking'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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=19334.472/( (1030718.015+1074894.961)/ 2 )
=19334.472/1052806.488
=1.84 %

* 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 four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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China Minsheng Banking (China Minsheng Banking) Business Description

Address
No. 2, Fuxingmennei Avenue, Xicheng District, Beijing, CHN, 100031
Founded in 1996, China Minsheng Banking Corp. is one of the first privately owned commercial banks in China, with headquarters in Beijing. Its shares listed on the Shanghai Exchange in 2000, and on the Hong Kong Exchange in 2009. It positions itself as a bank for non-state-owned enterprises, micro- and small enterprises, and high-end retail customers. CMBC has a diversified shareholding structure, with over 23,000 banking outlets in 125 cities in China.

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