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China Merchants Bank Co (China Merchants Bank Co) Net Margin %

: 42.83% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. China Merchants Bank Co's Net Income for the three months ended in Dec. 2023 was $4,581 Mil. China Merchants Bank Co's Revenue for the three months ended in Dec. 2023 was $10,695 Mil. Therefore, China Merchants Bank Co's net margin for the quarter that ended in Dec. 2023 was 42.83%.

The historical rank and industry rank for China Merchants Bank Co's Net Margin % or its related term are showing as below:

CIHKY' s Net Margin % Range Over the Past 10 Years
Min: 28.66   Med: 33.8   Max: 43.75
Current: 43.75


CIHKY's Net Margin % is ranked better than
88.55% of 1459 companies
in the Banks industry
Industry Median: 25.5 vs CIHKY: 43.75

China Merchants Bank Co Net Margin % Historical Data

The historical data trend for China Merchants Bank Co'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.

China Merchants Bank Co 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 34.65 33.85 36.65 40.32 43.55

China Merchants Bank Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 40.15 42.85 42.79 46.61 42.83

Competitive Comparison

For the Banks - Regional subindustry, China Merchants Bank Co'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.


China Merchants Bank Co Net Margin % Distribution

For the Banks industry and Financial Services sector, China Merchants Bank Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where China Merchants Bank Co's Net Margin % falls into.



China Merchants Bank Co 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.

China Merchants Bank Co'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 )
=20531.918/47148.119
=43.55 %

China Merchants Bank Co'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 )
=4581.384/10695.499
=42.83 %

* 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.


China Merchants Bank Co  (OTCPK:CIHKY) 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.


China Merchants Bank Co Net Margin % Related Terms

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China Merchants Bank Co (China Merchants Bank Co) Business Description

Address
No. 7088, Shennan Boulevard, 19 Floor, China Merchants Bank Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040
China Merchants Bank, with headquarters in Shenzhen, was founded in 1987. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking and wholesale banking accounted for 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2022.

China Merchants Bank Co (China Merchants Bank Co) Headlines

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