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Weihai City Commercial Bank Co (HKSE:09677) Gross-Profit-to-Asset % : 1.92% (As of Dec. 2023)


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What is Weihai City Commercial Bank Co 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. Weihai City Commercial Bank Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$8,060 Mil. Weihai City Commercial Bank Co's average Total Assets over the quarter that ended in Dec. 2023 was HK$420,207 Mil. Therefore, Weihai City Commercial Bank Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 1.92%.


Weihai City Commercial Bank Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Weihai City Commercial Bank Co'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.

Weihai City Commercial Bank Co Gross-Profit-to-Asset % Chart

Weihai City Commercial Bank Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 2.22 2.34 2.42 2.26 2.12

Weihai City Commercial Bank Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.25 2.28 2.27 2.31 1.92

Competitive Comparison of Weihai City Commercial Bank Co's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Weihai City Commercial Bank Co'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.


Weihai City Commercial Bank Co's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

* The bar in red indicates where Weihai City Commercial Bank Co's Gross-Profit-to-Asset % falls into.



Weihai City Commercial Bank Co Gross-Profit-to-Asset % Calculation

Weihai City Commercial Bank Co'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 )
=8628.042/( (383818.251+428626.598)/ 2 )
=8628.042/406222.4245
=2.12 %

Weihai City Commercial Bank Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=8059.512/( (411787.949+428626.598)/ 2 )
=8059.512/420207.2735
=1.92 %

* 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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Weihai City Commercial Bank Co (HKSE:09677) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Baoquan Road, Finance Building, Shandong Province, Weihai, CHN, 264200
Weihai City Commercial Bank Co Ltd offers banking services. The group's principal businesses include corporate banking, retail banking, financial market business, and others. It generates maximum revenue from the corporate banking segment. The Corporate banking segment represents the provision of a range of financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans and advances, trade financing, deposit-taking activities, agency services, wealth management services, consulting and advisory services, remittance and settlement services, guarantee services, and finance leasing services.
Executives
Teda Investment Holding Co., Ltd. 2101 Beneficial owner
Jin Lian Ji Tuan You Xian Gong Si 2101 Beneficial owner
Tian Jin Bo Hai Guo You Zi Chan Jing Ying Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Tian Jin Tai Da Shi Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Trafigura Pte Ltd 2101 Beneficial owner
Global Miles International Holdings Limited 2101 Beneficial owner
He Ze Cheng Tou Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Heze City Investment Holdings Hong Kong International Co.,limited 2101 Beneficial owner
Liu Zhiming 2201 Interest of corporation controlled by you
Shan Dong Tong Da Jin Rong Zu Lin You Xian Gong Si 2106 Person having a security interest in shares
Shan Dong Zhao Jin Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao Jin Kuang Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shan Dong Zhao Jin Ji Tuan Cai Wu You Xian Gong Si 2101 Beneficial owner
China Hongqiao Group Limited 2101 Beneficial owner
Ji Nan Li Cheng Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner

Weihai City Commercial Bank Co (HKSE:09677) Headlines

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