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Jiangsu Suzhou Rural Commercial Bank Co (SHSE:603323) Net Margin % : 51.00% (As of Sep. 2024)


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What is Jiangsu Suzhou Rural Commercial Bank Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jiangsu Suzhou Rural Commercial Bank Co's Net Income for the three months ended in Sep. 2024 was ¥507 Mil. Jiangsu Suzhou Rural Commercial Bank Co's Revenue for the three months ended in Sep. 2024 was ¥994 Mil. Therefore, Jiangsu Suzhou Rural Commercial Bank Co's net margin for the quarter that ended in Sep. 2024 was 51.00%.

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

SHSE:603323' s Net Margin % Range Over the Past 10 Years
Min: 25.45   Med: 27.51   Max: 46.97
Current: 46.97


SHSE:603323's Net Margin % is ranked better than
91.98% of 1533 companies
in the Banks industry
Industry Median: 24.47 vs SHSE:603323: 46.97

Jiangsu Suzhou Rural Commercial Bank Co Net Margin % Historical Data

The historical data trend for Jiangsu Suzhou 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.

Jiangsu Suzhou Rural Commercial Bank Co Net Margin % Chart

Jiangsu Suzhou Rural Commercial Bank 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 25.96 25.45 30.27 38.44 44.20

Jiangsu Suzhou Rural Commercial Bank Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 45.54 33.52 37.80 62.76 51.00

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

For the Banks - Regional subindustry, Jiangsu Suzhou 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.


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

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

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



Jiangsu Suzhou 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.

Jiangsu Suzhou Rural Commercial Bank 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 )
=1742.586/3942.128
=44.20 %

Jiangsu Suzhou Rural Commercial Bank Co's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=507.119/994.276
=51.00 %

* 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.


Jiangsu Suzhou Rural Commercial Bank Co  (SHSE:603323) 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.


Jiangsu Suzhou Rural Commercial Bank Co Net Margin % Related Terms

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Jiangsu Suzhou Rural Commercial Bank Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1777 Zhongshan South Road, Wujiang District, Jiangsu Province, Suzhou, CHN, 215200
Jiangsu Suzhou Rural Commercial Bank Co Ltd formerly known as Jiangsu Wujiang Rural Commercial Bank Co Ltd is a commercial bank in China. The company's business scope includes absorbing public deposits; issuing short-term, medium-term and long-term loans; handling domestic and international settlement business; bill acceptance and discounting; agency receipt and underwriting government bonds. In addition, the company also engages in interbank lending; provision of safe deposit box services; foreign exchange deposits; sale of foreign exchange and credit investigation.
Executives
Wang Xuan Zhao Supervisors
Mou Yu Chen Directors, senior managers
Xu Xiao Jun Director
Sun Yang Director
Xu Wei Zhong senior management
Qiu Ping senior management
Chen Zhi Ming Director
Zhu Jiu Jin Supervisors
Ma Yao Ming Director
Wang Chun Liang senior management
Wei Li Ya Director
Huang Xun senior management
Pan Ding Director
Wang Ming Hua senior management
Yin Xian Zhu Directors, senior managers

Jiangsu Suzhou Rural Commercial Bank Co Headlines

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