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Wuxi Rural Commercial Bank Co (SHSE:600908) Net Margin % : 45.88% (As of Dec. 2024)


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What is Wuxi Rural Commercial Bank Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wuxi Rural Commercial Bank Co's Net Income for the three months ended in Dec. 2024 was ¥486 Mil. Wuxi Rural Commercial Bank Co's Revenue for the three months ended in Dec. 2024 was ¥1,060 Mil. Therefore, Wuxi Rural Commercial Bank Co's net margin for the quarter that ended in Dec. 2024 was 45.88%.

The historical rank and industry rank for Wuxi Rural Commercial Bank Co's Net Margin % or its related term are showing as below:

SHSE:600908' s Net Margin % Range Over the Past 10 Years
Min: 34.41   Med: 36.15   Max: 52.39
Current: 50.18


SHSE:600908's Net Margin % is ranked better than
93.94% of 1551 companies
in the Banks industry
Industry Median: 24.94 vs SHSE:600908: 50.18

Wuxi Rural Commercial Bank Co Net Margin % Historical Data

The historical data trend for Wuxi Rural Commercial Bank 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.

Wuxi Rural Commercial Bank Co Net Margin % Chart

Wuxi Rural Commercial Bank Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.41 37.68 46.61 52.39 50.18

Wuxi Rural Commercial Bank Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 53.02 49.84 60.82 42.47 45.88

Competitive Comparison of Wuxi Rural Commercial Bank Co's Net Margin %

For the Banks - Regional subindustry, Wuxi Rural Commercial Bank 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.


Wuxi Rural Commercial Bank Co's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Wuxi Rural Commercial Bank Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Wuxi Rural Commercial Bank Co's Net Margin % falls into.


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Wuxi Rural Commercial Bank 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.

Wuxi Rural Commercial Bank Co's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=2252.133/4487.956
=50.18 %

Wuxi Rural Commercial Bank Co's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin=Net Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=486.176/1059.567
=45.88 %

* 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.


Wuxi Rural Commercial Bank Co  (SHSE:600908) 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.


Wuxi Rural Commercial Bank Co Net Margin % Related Terms

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Wuxi Rural Commercial Bank Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Financial Second Street, Jiangsu Province, Wuxi, CHN, 214125
Wuxi Rural Commercial Bank Co Ltd is engaged in providing banking products and services including personal banking, corporate banking, micro-finance, international banking and lending services.
Executives
Chen Hong Mei senior management
Ni Zhi Juan Director
Yin Xin Zhong Director
Wang Min Biao Director
Wang Guo Dong Director
Wang Yong Zhong senior management
Chen Bu Yang senior management
Shao Hui Director
Chen Hui senior management
Tao Chang Directors, senior managers
Meng Jin senior management
He Jian Jun senior management
Shao Le Ping Director
Sun Zhi Qiang Director
Xu Jian Xin Director

Wuxi Rural Commercial Bank Co Headlines

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