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China Success Finance Group Holdings (HKSE:03623) Net Interest Margin (Bank Only) % : -3.75% (As of Dec. 2023)


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What is China Success Finance Group Holdings 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. China Success Finance Group Holdings's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was HK$-7.72 Mil. China Success Finance Group Holdings's average earning assets for the quarter that ended in Dec. 2023 was HK$205.61 Mil. Therefore, China Success Finance Group Holdings's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was -3.75%.


China Success Finance Group Holdings Net Interest Margin (Bank Only) % Historical Data

The historical data trend for China Success Finance Group Holdings'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.

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China Success Finance Group Holdings Net Interest Margin (Bank Only) % Chart

China Success Finance Group Holdings 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 -0.10 -2.42 -4.72 -7.65 -5.10

China Success Finance Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -6.63 -5.67 -11.11 -6.90 -3.75

Competitive Comparison of China Success Finance Group Holdings's Net Interest Margin (Bank Only) %

For the Financial Conglomerates subindustry, China Success Finance Group Holdings'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.


China Success Finance Group Holdings's Net Interest Margin (Bank Only) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Success Finance Group Holdings's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where China Success Finance Group Holdings's Net Interest Margin (Bank Only) % falls into.



China Success Finance Group Holdings 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).

China Success Finance Group Holdings'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 )
=-11.258/( (229.635 + 211.903)/ 2 )
=-11.258/220.769
=-5.10 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=226.67 + 2.965 + 0
=229.635

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=211.903 + 0 + 0
=211.903

China Success Finance Group Holdings's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=-7.718/( (199.313 + 211.903)/ 2 )
=-7.718/205.608
=-3.75 %

where

Earning Assets(Q: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=196.51 + 2.803 + 0
=199.313

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=211.903 + 0 + 0
=211.903

* 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 two times the semi-annual (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


China Success Finance Group Holdings  (HKSE:03623) 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.


China Success Finance Group Holdings Net Interest Margin (Bank Only) % Related Terms

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China Success Finance Group Holdings (HKSE:03623) Business Description

Traded in Other Exchanges
N/A
Address
28 Queen’s Road East, 604 6th Floor, Tesbury Centre, Wanchai, Hong Kong, HKG
China Success Finance Group Holdings Ltd is an investment holding company. It is a guaranteed service provider offering financial and non-financial guarantee services, financial leasing, and financial consultancy services in China. The company's diversified business lines include asset management, fund management, investment and mergers and acquisitions, financial leasing, financing guarantee, overseas investment Capital, real estate finance, and microfinance The group operates two business segments: Financial services and Yangmianshan. The main business of Yangmianshan is sales of market hogs in the PRC business. The business operations of the company are carried out principally in the PRC.
Executives
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
China Construction Bank Corporation 2201 Interest of corporation controlled by you
Pang Haoquan 2401 A concert party to an agreement to buy shares
Xu Kaiying 2401 A concert party to an agreement to buy shares
Zhang Tiewei 2201 Interest of corporation controlled by you
Expert Depot Limited 2101 Beneficial owner
Novel Heritage Limited 2101 Beneficial owner
Bliss Success Investments Limited 2101 Beneficial owner
Chen Guoxian 2401 A concert party to an agreement to buy shares
He Darong
Bliss Success Investments Limited 2101 Beneficial owner

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