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Guotai Junan Securities Co (HKSE:02611) Net Interest Margin (Bank Only) % : 2.16% (As of Mar. 2024)


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What is Guotai Junan Securities Co Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Guotai Junan Securities Co's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was HK$1,523 Mil. Guotai Junan Securities Co's average earning assets for the quarter that ended in Mar. 2024 was HK$70,519 Mil. Therefore, Guotai Junan Securities Co's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 2.16%.


Guotai Junan Securities Co Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Guotai Junan Securities Co's Net Interest Margin (Bank Only) % 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.

Guotai Junan Securities Co Net Interest Margin (Bank Only) % Chart

Guotai Junan Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.99 10.69 9.84 6.98 3.94

Guotai Junan Securities Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % 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 3.93 4.50 0.40 7.44 2.16

Competitive Comparison of Guotai Junan Securities Co's Net Interest Margin (Bank Only) %

For the Capital Markets subindustry, Guotai Junan Securities Co's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % 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.


Guotai Junan Securities Co's Net Interest Margin (Bank Only) % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guotai Junan Securities Co's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Guotai Junan Securities Co's Net Interest Margin (Bank Only) % falls into.



Guotai Junan Securities Co Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Guotai Junan Securities Co's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=3065.432/( (79438.864 + 76199.299)/ 2 )
=3065.432/77819.0815
=3.94 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=79438.864 + 0 + 0
=79438.864

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=76199.299 + 0 + 0
=76199.299

Guotai Junan Securities Co's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=1522.508/( (76199.299 + 64838.783)/ 2 )
=1522.508/70519.041
=2.16 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=76199.299 + 0 + 0
=76199.299

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=64838.783 + 0 + 0
=64838.783

* 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.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Guotai Junan Securities Co  (HKSE:02611) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Guotai Junan Securities Co Net Interest Margin (Bank Only) % Related Terms

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Guotai Junan Securities Co (HKSE:02611) Business Description

Traded in Other Exchanges
Address
No. 768 Nanjing West Road, Guotai Junan Mansion, Jingan District, Shanghai, CHN, 200041
Guotai Junan Securities Co Ltd is engaged in providing brokerage services, corporate finance, asset management services, and loans and financing services. Its segments include wealth management, investment banking, institutional and trading, investment management, international business and other segments. The company derives most of its revenue from the institutional and trading segment which consists of research, institutional brokerage, trading and investment; and equity investment.
Executives
A9 Usd (feeder) L.p. 2201 Interest of corporation controlled by you
Ward Jacqueline Mary Le Maitre 2301 Trustee
Guille Andrew William 2301 Trustee
Diamond Holding Sarl 2201 Interest of corporation controlled by you
Diamond Acquisitionco Sarl 2101 Beneficial owner
Apax Ix Usd L.p. 2201 Interest of corporation controlled by you
Apax Ix Usd Gp L.p. Inc. 2201 Interest of corporation controlled by you
Apax Ix Gp Co. Limited 2201 Interest of corporation controlled by you
Apax Guernsey (holdco) Pcc Limited 2201 Interest of corporation controlled by you
Sihchong Kong Investment Holdings Limited 2101 Beneficial owner
Shang Hai Ning Quan Zi Chan Guan Li You Xian Gong Si 2102 Investment manager
Shang Hai Guo Ji Ji Tuan You Xian Gong Si 2101 Beneficial owner
Shang Hai Guo You Zi Chan Jing Ying You Xian Gong Si 2101 Beneficial owner
New China Asset Management Company Limited 2201 Interest of corporation controlled by you
New China Life Insurance Company Ltd. 2501 Other

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