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China Banking (China Banking) Net Margin % : 34.44% (As of Sep. 2023)


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What is China Banking Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China Banking's Net Income for the three months ended in Sep. 2023 was $92.75 Mil. China Banking's Revenue for the three months ended in Sep. 2023 was $269.29 Mil. Therefore, China Banking's net margin for the quarter that ended in Sep. 2023 was 34.44%.

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

CKGOY' s Net Margin % Range Over the Past 10 Years
Min: 16.27   Med: 29.78   Max: 35.55
Current: 37.86


CKGOY's Net Margin % is ranked better than
79.77% of 1458 companies
in the Banks industry
Industry Median: 25.33 vs CKGOY: 37.86

China Banking Net Margin % Historical Data

The historical data trend for China Banking'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 Banking Net Margin % Chart

China Banking Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.78 30.25 28.63 31.39 35.55

China Banking Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 26.54 37.15 38.13 42.05 34.44

Competitive Comparison of China Banking's Net Margin %

For the Banks - Regional subindustry, China Banking'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 Banking's Net Margin % Distribution in the Banks Industry

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

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



China Banking 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 Banking'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 )
=331.081/931.283
=35.55 %

China Banking'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 )
=92.752/269.294
=34.44 %

* 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 Banking  (OTCPK:CKGOY) 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 Banking Net Margin % Related Terms

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China Banking (China Banking) Business Description

Traded in Other Exchanges
Address
8745 Paseo de Roxas corner Villar Street, 15th Floor, China Bank Building, Makati City, PHL, 1226
China Banking Corp is a commercial bank engaged in corporate and SME lending, retail loans including mortgage and auto loans, treasury and foreign exchange trading, trust and investment management, wealth management, cash management, and insurance products. The group has five business segments namely, Institutional Banking, Consumer Banking, Retail Banking Business, Financial Markets, and Others which include credit management, thrift banking business, operations and financial control, and other support services. The majority of the company's revenue comes from the Retail Banking Business.

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