GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) » Definitions » Gross-Profit-to-Asset %

Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) Gross-Profit-to-Asset % : 3.06% (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Joint Stock Commercial Bank for Investment and Development of Vietnam 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. Joint Stock Commercial Bank for Investment and Development of Vietnam's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₫70,911,312 Mil. Joint Stock Commercial Bank for Investment and Development of Vietnam's average Total Assets over the quarter that ended in Mar. 2024 was ₫2,314,799,740 Mil. Therefore, Joint Stock Commercial Bank for Investment and Development of Vietnam's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 3.06%.


Joint Stock Commercial Bank for Investment and Development of Vietnam Gross-Profit-to-Asset % Historical Data

The historical data trend for Joint Stock Commercial Bank for Investment and Development of Vietnam'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.

Joint Stock Commercial Bank for Investment and Development of Vietnam Gross-Profit-to-Asset % Chart

Joint Stock Commercial Bank for Investment and Development of Vietnam 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 3.06 3.00 3.44 3.34 3.17

Joint Stock Commercial Bank for Investment and Development of Vietnam 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 3.31 3.38 3.50 2.97 3.06

Competitive Comparison of Joint Stock Commercial Bank for Investment and Development of Vietnam's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Joint Stock Commercial Bank for Investment and Development of Vietnam'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.


Joint Stock Commercial Bank for Investment and Development of Vietnam's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Joint Stock Commercial Bank for Investment and Development of Vietnam's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Joint Stock Commercial Bank for Investment and Development of Vietnam's Gross-Profit-to-Asset % falls into.



Joint Stock Commercial Bank for Investment and Development of Vietnam Gross-Profit-to-Asset % Calculation

Joint Stock Commercial Bank for Investment and Development of Vietnam'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 )
=70137117/( (2120676711+2300868728)/ 2 )
=70137117/2210772719.5
=3.17 %

Joint Stock Commercial Bank for Investment and Development of Vietnam'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 )
=70911312/( (2300868728+2328730752)/ 2 )
=70911312/2314799740
=3.06 %

* 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.


Joint Stock Commercial Bank for Investment and Development of Vietnam Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Joint Stock Commercial Bank for Investment and Development of Vietnam's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) Business Description

Traded in Other Exchanges
N/A
Address
BIDV Tower, 35 Hang Voi, Hoan Kiem, Hanoi, VNM
Joint Stock Commercial Bank for Investment and Development of Vietnam is one of the leading commercial banks based in Vietnam. It is a leading provider of products and modern banking services and utilities such as loans, deposits, savings and current account. Its secondary offerings include insurance products of all types such as life and non-life insurance. Its add on services include a variety of brokerage services, investment advice and contribution to established enterprises to invest various projects. The bank's distribution network spans predominantly across Vietnam and a few countries abroad such as Laos, Cambodia, Myanmar, Russia and Czech Republic.