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Jubilee General Insurance Co (KAR:JGICL) Net Margin % : 35.34% (As of Dec. 2023)


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What is Jubilee General Insurance Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jubilee General Insurance Co's Net Income for the three months ended in Dec. 2023 was ₨1,031 Mil. Jubilee General Insurance Co's Revenue for the three months ended in Dec. 2023 was ₨2,917 Mil. Therefore, Jubilee General Insurance Co's net margin for the quarter that ended in Dec. 2023 was 35.34%.

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

KAR:JGICL' s Net Margin % Range Over the Past 10 Years
Min: 15.61   Med: 21.16   Max: 26.81
Current: 24.78


KAR:JGICL's Net Margin % is ranked better than
88.66% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs KAR:JGICL: 24.78

Jubilee General Insurance Co Net Margin % Historical Data

The historical data trend for Jubilee General Insurance 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.

Jubilee General Insurance Co Net Margin % Chart

Jubilee General Insurance 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 17.34 20.94 22.26 18.95 26.81

Jubilee General Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 25.84 23.34 14.62 25.88 35.34

Competitive Comparison of Jubilee General Insurance Co's Net Margin %

For the Insurance - Diversified subindustry, Jubilee General Insurance 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.


Jubilee General Insurance Co's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Jubilee General Insurance Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Jubilee General Insurance Co's Net Margin % falls into.



Jubilee General Insurance 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.

Jubilee General Insurance 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 )
=2995.617/11174.361
=26.81 %

Jubilee General Insurance 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 )
=1030.767/2916.665
=35.34 %

* 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.


Jubilee General Insurance Co  (KAR:JGICL) 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.


Jubilee General Insurance Co Net Margin % Related Terms

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Jubilee General Insurance Co (KAR:JGICL) Business Description

Traded in Other Exchanges
N/A
Address
I. I. Chundrigar Road, 2nd Floor, Jubilee Insurance House, Karachi, PAK, 74000
Jubilee General Insurance Co Ltd is engaged in the insurance business sector. The Company has six business segments for reporting purposes namely fire, marine, motor, accident and health, liability and miscellaneous. It generates majority of its revenue from the Fire and Property segment followed by the Accident and Health. The Company operates in Pakistan and provides the service of assurance to its clients all over the Country through its operative branches.

Jubilee General Insurance Co (KAR:JGICL) Headlines

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