China CITIC Financial Asset Management Co (HKSE:02799) Net Margin % : 64.16% (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is China CITIC Financial Asset Management Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China CITIC Financial Asset Management Co's Net Income for the six months ended in Dec. 2023 was HK$7,309 Mil. China CITIC Financial Asset Management Co's Revenue for the six months ended in Dec. 2023 was HK$11,391 Mil. Therefore, China CITIC Financial Asset Management Co's net margin for the quarter that ended in Dec. 2023 was 64.16%.

The historical rank and industry rank for China CITIC Financial Asset Management Co's Net Margin % or its related term are showing as below:

HKSE:02799' s Net Margin % Range Over the Past 10 Years
Min: -24.77 Med: 41.12 Max: 132.05
Current: 20.13

HKSE:02799's Net Margin % is ranked worse than
73.73% of 1667 companies
in the Asset Management industry
Industry Median: 86.95 vs HKSE:02799: 20.13

China CITIC Financial Asset Management Co Net Margin % Historical Data

The historical data trend for China CITIC Financial Asset Management Co's Net Margin % 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.

China CITIC Financial Asset Management Co Net Margin % Chart

China CITIC Financial Asset Management Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

5.12

132.05

-24.77

95.44

20.13

China CITIC Financial Asset Management Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial														-57.17	90.59	107.95	299.91	64.16

Competitive Comparison of China CITIC Financial Asset Management Co's Net Margin %

For the Asset Management subindustry, China CITIC Financial Asset Management Co's Net Margin %, along with its competitors' market caps and Net Margin % 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 CITIC Financial Asset Management Co's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, China CITIC Financial Asset Management Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where China CITIC Financial Asset Management Co's Net Margin % falls into.

China CITIC Financial Asset Management Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

China CITIC Financial Asset Management Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	1931.877	/	9597.797
	=	20.13 %

China CITIC Financial Asset Management Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	7308.566	/	11390.554
	=	64.16 %

China CITIC Financial Asset Management Co (HKSE:02799) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

China CITIC Financial Asset Management Co Net Margin % Related Terms

Thank you for viewing the detailed overview of China CITIC Financial Asset Management Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

China CITIC Financial Asset Management Co (HKSE:02799) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China CITIC Financial Asset Management Co Ltd (HKSE:02799) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

CHE:Germany

Address

No. 8, Financial Street, Xicheng District, Beijing, CHN, 100033

Website

https://www.chamc.com.cn

China Huarong Asset Management Co Ltd operates as an asset manager and provides financial services. It has three segments. Its distressed asset management segment includes policy-related DES asset management business based on the commercial buy-out of the company, special situations investments business, distressed asset-based property development business as well as market-oriented DES business of the group. The financial services segment mainly includes securities and futures business, financial leasing business, and banking services business. Asset management and investment segment mainly includes trust business, international business and other business. It derives the majority of its revenues through its distressed asset management services.

Executives

China Life Franklin Asset Management Co., Limited	2102 Investment manager
China Life Insurance (group) Company	2101 Beneficial owner
China Cinda Asset Management Co., Ltd.	2101 Beneficial owner
Gong Yin Jin Rong Zi Chan Tou Zi You Xian Gong Si	2101 Beneficial owner
Zhong Guo Gong Shang Yin Hang Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Quan Guo She Hui Bao Zhang Ji Jin Li Shi Hui	2101 Beneficial owner
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Warburg Pincus Xi, L.p.	2201 Interest of corporation controlled by you
Wp Xi International Ii Ltd	2201 Interest of corporation controlled by you
Wp Global Llc	2201 Interest of corporation controlled by you
Warburg Pincus Private Equity Xi, L.p.	2201 Interest of corporation controlled by you
Warburg Pincus & Co.	2201 Interest of corporation controlled by you
Sino-ocean Group Holding Limited	2201 Interest of corporation controlled by you
Wisdom City Enterprises Limited	2201 Interest of corporation controlled by you
Sol Investment Fund Lp	2201 Interest of corporation controlled by you

China CITIC Financial Asset Management Co (HKSE:02799) Headlines

No Headlines