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Saigon Thuong Tin Commercial Joint Stock Bank (STC:STB) Net Margin % : 30.48% (As of Mar. 2024)


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What is Saigon Thuong Tin Commercial Joint Stock Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Saigon Thuong Tin Commercial Joint Stock Bank's Net Income for the three months ended in Mar. 2024 was ₫2,111,405 Mil. Saigon Thuong Tin Commercial Joint Stock Bank's Revenue for the three months ended in Mar. 2024 was ₫6,928,105 Mil. Therefore, Saigon Thuong Tin Commercial Joint Stock Bank's net margin for the quarter that ended in Mar. 2024 was 30.48%.

The historical rank and industry rank for Saigon Thuong Tin Commercial Joint Stock Bank's Net Margin % or its related term are showing as below:

STC:STB' s Net Margin % Range Over the Past 10 Years
Min: 1.42   Med: 17.56   Max: 32.22
Current: 31.84


STC:STB's Net Margin % is ranked better than
69.25% of 1457 companies
in the Banks industry
Industry Median: 25.09 vs STC:STB: 31.84

Saigon Thuong Tin Commercial Joint Stock Bank Net Margin % Historical Data

The historical data trend for Saigon Thuong Tin Commercial Joint Stock 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.

Saigon Thuong Tin Commercial Joint Stock Bank Net Margin % Chart

Saigon Thuong Tin Commercial Joint Stock 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 18.67 15.96 20.84 32.22 31.12

Saigon Thuong Tin Commercial Joint Stock Bank 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 27.85 28.50 27.51 42.76 30.48

Competitive Comparison of Saigon Thuong Tin Commercial Joint Stock Bank's Net Margin %

For the Banks - Regional subindustry, Saigon Thuong Tin Commercial Joint Stock 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.


Saigon Thuong Tin Commercial Joint Stock Bank's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Saigon Thuong Tin Commercial Joint Stock Bank's Net Margin % distribution charts can be found below:

* The bar in red indicates where Saigon Thuong Tin Commercial Joint Stock Bank's Net Margin % falls into.



Saigon Thuong Tin Commercial Joint Stock 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.

Saigon Thuong Tin Commercial Joint Stock 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 )
=7718616/24802683
=31.12 %

Saigon Thuong Tin Commercial Joint Stock Bank'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 )
=2111405/6928105
=30.48 %

* 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.


Saigon Thuong Tin Commercial Joint Stock Bank  (STC:STB) 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.


Saigon Thuong Tin Commercial Joint Stock Bank Net Margin % Related Terms

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Saigon Thuong Tin Commercial Joint Stock Bank (STC:STB) Business Description

Traded in Other Exchanges
N/A
Address
266-268 Nam Ky Khoi Nghia Street, Ward 8, Distrcit 3, Ho Chi Minh City, VNM
Saigon Thuong Tin Commercial Joint Stock Bank is a Vietnam-based company which provides commercial banking services. Its principal activities are to mobilize short, medium and long-term capital in the form of time deposits, demand deposits, certificates of deposit, receive capital from local and overseas financial institutions, grant short, medium and long-term loans, investments in associate, joint-ventures and other companies. The company also provides settlement services to customers, deal in foreign exchange, gold, provide international settlements services, investment in bonds other banking services.

Saigon Thuong Tin Commercial Joint Stock Bank (STC:STB) Headlines