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Haitong Securities Co (SHSE:600837) Net Margin % : 18.70% (As of Mar. 2024)


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What is Haitong Securities Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Haitong Securities Co's Net Income for the three months ended in Mar. 2024 was ¥911 Mil. Haitong Securities Co's Revenue for the three months ended in Mar. 2024 was ¥4,874 Mil. Therefore, Haitong Securities Co's net margin for the quarter that ended in Mar. 2024 was 18.70%.

The historical rank and industry rank for Haitong Securities Co's Net Margin % or its related term are showing as below:

SHSE:600837' s Net Margin % Range Over the Past 10 Years
Min: 4.51   Med: 28.89   Max: 43.29
Current: 4.51


SHSE:600837's Net Margin % is ranked worse than
63.19% of 777 companies
in the Capital Markets industry
Industry Median: 13.56 vs SHSE:600837: 4.51

Haitong Securities Co Net Margin % Historical Data

The historical data trend for Haitong Securities 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.

Haitong Securities Co Net Margin % Chart

Haitong Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.42 28.86 30.88 26.00 4.51

Haitong 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 Margin % 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 29.31 17.05 9.37 -1,555.65 18.70

Competitive Comparison of Haitong Securities Co's Net Margin %

For the Capital Markets subindustry, Haitong Securities 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.


Haitong Securities Co's Net Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Haitong Securities Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Haitong Securities Co's Net Margin % falls into.



Haitong Securities 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.

Haitong Securities 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 )
=1008.406/22381.1
=4.51 %

Haitong Securities Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=911.299/4874.254
=18.70 %

* 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.


Haitong Securities Co  (SHSE:600837) 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.


Haitong Securities Co Net Margin % Related Terms

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Haitong Securities Co (SHSE:600837) Business Description

Traded in Other Exchanges
Address
No. 689 Guangdong Road, Haitong Securities Building, Shanghai, CHN, 200001
Haitong Securities Co Ltd is engaged in the securities and futures brokerage business, which trades securities and futures for customers such as individuals, enterprises, and financial institutions; investment banking businesses. It operates in Wealth Management; Investment Banking; Asset Management; Trading and Institution; Finance Lease; and other segments. The Wealth Management Segment derives the majority of revenue and engages in the provision of a full range of financial services and investment solutions to retail and high-net-worth clients. Services provided include brokering and dealing in securities and futures, investment consulting, wealth management as well as financial services such as margin financing, security lending, and stock pledge.

Haitong Securities Co (SHSE:600837) Headlines

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