China Cinda Asset Management Co (China Cinda Asset Management Co) Net Margin % : 12.50% (As of Dec. 2023)

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What is China Cinda Asset Management Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China Cinda Asset Management Co's Net Income for the six months ended in Dec. 2023 was $246 Mil. China Cinda Asset Management Co's Revenue for the six months ended in Dec. 2023 was $1,965 Mil. Therefore, China Cinda Asset Management Co's net margin for the quarter that ended in Dec. 2023 was 12.50%.

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

CCGDF' s Net Margin % Range Over the Past 10 Years
Min: 21.15 Med: 24.06 Max: 28.22
Current: 22.34

CCGDF's Net Margin % is ranked worse than
72.44% of 1669 companies
in the Asset Management industry
Industry Median: 86.05 vs CCGDF: 22.34

China Cinda Asset Management Co Net Margin % Historical Data

The historical data trend for China Cinda 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 Cinda Asset Management Co Net Margin % Chart

China Cinda Asset Management Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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26.01

22.83

24.46

21.15

22.34

China Cinda Asset Management Co Semi-Annual Data
	Jun14	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															18.62	22.70	18.06	33.81	12.50

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

For the Asset Management subindustry, China Cinda 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 Cinda Asset Management Co's Net Margin % Distribution in the Asset Management Industry

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

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

China Cinda 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 Cinda 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 )
	=	815.23	/	3649.731
	=	22.34 %

China Cinda 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 )
	=	245.55	/	1965.005
	=	12.50 %

China Cinda Asset Management Co (OTCPK:CCGDF) 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 Cinda Asset Management Co Net Margin % Related Terms

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China Cinda Asset Management Co (China Cinda Asset Management Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China Cinda Asset Management Co Ltd (OTCPK:CCGDF) » Definitions » Net Margin %

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01359:Hong Kong

Address

9 Naoshikou Street, No.1 Building, Xicheng District, Beijing, CHN, 100031

Website

https://www.cinda.com.cn

China Cinda Asset Management Co Ltd is an asset management firm with operations in mainland China and Hong Kong. Its parent company was founded with approval from the State Council, with the intent of instituting reforms of state-owned banks. Its principal business segments include primarily Distressed asset management and, secondarily, Financial services. The company has a wide presence throughout the Chinese provinces and operates a few Tier 1 entities. Most of its income is derived from the distressed asset management business segment that comprise debt asset management conducted with respect to distressed assets, DES Assets management, other distressed asset management, and entrusted operation businesses.

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