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Agricultural Bank of China (Agricultural Bank of China) Net Margin %

: 38.40% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Agricultural Bank of China's Net Income for the three months ended in Dec. 2023 was $8,683 Mil. Agricultural Bank of China's Revenue for the three months ended in Dec. 2023 was $22,614 Mil. Therefore, Agricultural Bank of China's net margin for the quarter that ended in Dec. 2023 was 38.40%.

The historical rank and industry rank for Agricultural Bank of China's Net Margin % or its related term are showing as below:

ACGBY' s Net Margin % Range Over the Past 10 Years
Min: 32.84   Med: 34.17   Max: 38.78
Current: 38.78


ACGBY's Net Margin % is ranked better than
81.08% of 1459 companies
in the Banks industry
Industry Median: 25.5 vs ACGBY: 38.78

Agricultural Bank of China Net Margin % Historical Data

The historical data trend for Agricultural Bank of China'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.

Agricultural Bank of China 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 33.82 32.84 33.52 37.32 38.78

Agricultural Bank of China 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 38.93 37.81 34.99 44.21 38.40

Competitive Comparison

For the Banks - Diversified subindustry, Agricultural Bank of China'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.


Agricultural Bank of China Net Margin % Distribution

For the Banks industry and Financial Services sector, Agricultural Bank of China's Net Margin % distribution charts can be found below:

* The bar in red indicates where Agricultural Bank of China's Net Margin % falls into.



Agricultural Bank of China 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.

Agricultural Bank of China'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 )
=37723.873/97285.65
=38.78 %

Agricultural Bank of China'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 )
=8683.23/22614.212
=38.40 %

* 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.


Agricultural Bank of China  (OTCPK:ACGBY) 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.


Agricultural Bank of China Net Margin % Related Terms

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Agricultural Bank of China (Agricultural Bank of China) Business Description

Address
50 Connaught Road, 25th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG
As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 37.15% and 32.47%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 53%, and 6% of total revenue in the first half of 2023, respectively. Rural banking and urban banking contributed 49% and 51% of total revenue during the same period.

Agricultural Bank of China (Agricultural Bank of China) Headlines

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