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Thai Credit Bank PCL (BKK:CREDIT) Net Margin % : 28.28% (As of Sep. 2023)


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What is Thai Credit Bank PCL Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Thai Credit Bank PCL's Net Income for the three months ended in Sep. 2023 was ฿986 Mil. Thai Credit Bank PCL's Revenue for the three months ended in Sep. 2023 was ฿3,487 Mil. Therefore, Thai Credit Bank PCL's net margin for the quarter that ended in Sep. 2023 was 28.28%.

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

BKK:CREDIT' s Net Margin % Range Over the Past 10 Years
Min: 20.96   Med: 21.55   Max: 22.14
Current: 21.09


BKK:CREDIT's Net Margin % is ranked worse than
63.9% of 1457 companies
in the Banks industry
Industry Median: 25.09 vs BKK:CREDIT: 21.09

Thai Credit Bank PCL Net Margin % Historical Data

The historical data trend for Thai Credit Bank PCL'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.

Thai Credit Bank PCL Net Margin % Chart

Thai Credit Bank PCL Annual Data
Trend Dec21 Dec22
Net Margin %
22.14 20.96

Thai Credit Bank PCL Quarterly Data
Dec21 Sep22 Dec22 Sep23
Net Margin % - 23.81 12.80 28.28

Competitive Comparison of Thai Credit Bank PCL's Net Margin %

For the Banks - Regional subindustry, Thai Credit Bank PCL'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.


Thai Credit Bank PCL's Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Thai Credit Bank PCL's Net Margin % falls into.



Thai Credit Bank PCL 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.

Thai Credit Bank PCL's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=2352.521/11222.174
=20.96 %

Thai Credit Bank PCL's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=986.004/3486.897
=28.28 %

* 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.


Thai Credit Bank PCL  (BKK:CREDIT) 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.


Thai Credit Bank PCL Net Margin % Related Terms

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Thai Credit Bank PCL (BKK:CREDIT) Business Description

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Thai Credit Bank PCL is commercial bank in Thailand. It provides comprehensive financial and investment services and focuses on providing micro SME business loans (MSME) and Nano and Micro Finance to small business entrepreneurs.

Thai Credit Bank PCL (BKK:CREDIT) Headlines

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