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Bank Of China (HKSE:03988) Gross-Profit-to-Asset % : 1.94% (As of Mar. 2024)


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What is Bank Of China 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. Bank Of China's annualized Gross Profit for the quarter that ended in Mar. 2024 was HK$698,427 Mil. Bank Of China's average Total Assets over the quarter that ended in Mar. 2024 was HK$36,018,745 Mil. Therefore, Bank Of China's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 1.94%.


Bank Of China Gross-Profit-to-Asset % Historical Data

The historical data trend for Bank Of China'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.

Bank Of China Gross-Profit-to-Asset % Chart

Bank Of China 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 2.46 2.47 2.40 2.01 2.01

Bank Of China Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.26 1.95 1.90 1.91 1.94

Competitive Comparison of Bank Of China's Gross-Profit-to-Asset %

For the Banks - Diversified subindustry, Bank Of China'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.


Bank Of China's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

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



Bank Of China Gross-Profit-to-Asset % Calculation

Bank Of China'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 )
=680247.34/( (32265850.309+35473618.39)/ 2 )
=680247.34/33869734.3495
=2.01 %

Bank Of China's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=698426.664/( (35473618.39+36563870.979)/ 2 )
=698426.664/36018744.6845
=1.94 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Bank Of China Gross-Profit-to-Asset % Related Terms

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Bank Of China (HKSE:03988) Business Description

Traded in Other Exchanges
Address
No. 1 Fuxingmen Nei Dajie, Xicheng District, Beijing, CHN, 100818
Bank of China was founded in 1912 with headquarter in Beijing. The bank has evolved as a central bank, international exchange bank, and state-owned bank specializing in foreign trade business. BOC was listed on the Hong Kong and Shanghai stock exchanges in 2006. It provides a comprehensive range of financial services to customers across greater China and overseas. Central Huijin, a Chinese state-owned investment company and BOC's largest shareholder, controls 64%.
Executives
Citic Securities Company Limited 2201 Interest of corporation controlled by you
Zhong Xin Zheng Quan Zi Chan Guan Li You Xian Gong Si 2301 Trustee
Zhong Xin Zheng Quan Zi Guan San Hao Dan Yi Zi Chan Guan Li Ji Hua 2501 Other
Blackrock, Inc. 2201 Interest of corporation controlled by you
Citigroup Inc. 2502 Approved lending agent
Quan Guo She Hui Bao Zhang Ji Jin Li Shi Hui 2101 Beneficial owner

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