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Shinkin Central Bank (TSE:8421) Gross-Profit-to-Asset % : 0.53% (As of Dec. 2023)


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What is Shinkin Central Bank 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. Shinkin Central Bank's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円271,164 Mil. Shinkin Central Bank's average Total Assets over the quarter that ended in Dec. 2023 was 円51,297,996 Mil. Therefore, Shinkin Central Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.53%.


Shinkin Central Bank Gross-Profit-to-Asset % Historical Data

The historical data trend for Shinkin Central Bank'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.

Shinkin Central Bank Gross-Profit-to-Asset % Chart

Shinkin Central Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.38 0.36 0.56 0.50

Shinkin Central Bank 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 0.64 0.47 0.39 0.53 0.48

Competitive Comparison of Shinkin Central Bank's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Shinkin Central Bank'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.


Shinkin Central Bank's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

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



Shinkin Central Bank Gross-Profit-to-Asset % Calculation

Shinkin Central Bank's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=234473/( (46095333+47622424)/ 2 )
=234473/46858878.5
=0.50 %

Shinkin Central Bank'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 )
=271164/( (48897333+53698658)/ 2 )
=271164/51297995.5
=0.53 %

* 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.


Shinkin Central Bank Gross-Profit-to-Asset % Related Terms

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Shinkin Central Bank (TSE:8421) Business Description

Traded in Other Exchanges
N/A
Address
3-7, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-0028
Shinkin Central Bank provides various financial products and services, including deposit, bond, financing, market operation, securities, and settlement, as well as business support and function supplement for cooperative banks. It uses the funds deposited from Shinkin banks throughout Japan to invest in marketable securities in the financial markets in Japan and overseas. It provides loans to operating companies.

Shinkin Central Bank (TSE:8421) Headlines

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