GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Communications Co Ltd (SHSE:601328) » Definitions » Gross-Profit-to-Asset %

Bank of Communications Co (SHSE:601328) Gross-Profit-to-Asset % : 1.68% (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Bank of Communications 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. Bank of Communications Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was ¥233,976 Mil. Bank of Communications Co's average Total Assets over the quarter that ended in Dec. 2023 was ¥13,945,539 Mil. Therefore, Bank of Communications Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 1.68%.


Bank of Communications Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Bank of Communications 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.

Bank of Communications Co Gross-Profit-to-Asset % Chart

Bank of Communications Co 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 2.26 2.24 2.40 2.07 1.90

Bank of Communications Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.90 2.01 2.03 1.78 1.68

Competitive Comparison of Bank of Communications Co's Gross-Profit-to-Asset %

For the Banks - Diversified subindustry, Bank of Communications 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.


Bank of Communications Co's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

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



Bank of Communications Co Gross-Profit-to-Asset % Calculation

Bank of Communications 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 )
=256446/( (12991571+14060472)/ 2 )
=256446/13526021.5
=1.90 %

Bank of Communications 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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=233976/( (13830605+14060472)/ 2 )
=233976/13945538.5
=1.68 %

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


Bank of Communications Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Bank of Communications Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of Communications Co (SHSE:601328) Business Description

Traded in Other Exchanges
Address
No.188, Yin Cheng Zhong Lu, Pilot Free Trade Zone, Pudong New District, Shanghai, CHN, 200120
Bank of Communications, or Bocom, is the only state-owned bank with headquarters in Shanghai. As one of China's four oldest banks, Bocom became China's first state-owned shareholding commercial bank in 1987. Today, Bocom is amid a strategic transformation, building itself into a global wealth-management bank with wide-ranging financial operations, including insurance, brokerage, trust, and asset management.

Bank of Communications Co (SHSE:601328) Headlines

No Headlines