GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Taiping Insurance Holdings Co Ltd (OTCPK:CINSF) » Definitions » Net Margin %

China Taiping Insurance Holdings Co (China Taiping Insurance Holdings Co) Net Margin %

: 2.07% (As of Dec. 2023)
View and export this data going back to . Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. China Taiping Insurance Holdings Co's Net Income for the six months ended in Dec. 2023 was $124 Mil. China Taiping Insurance Holdings Co's Revenue for the six months ended in Dec. 2023 was $5,987 Mil. Therefore, China Taiping Insurance Holdings Co's net margin for the quarter that ended in Dec. 2023 was 2.07%.

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

CINSF' s Net Margin % Range Over the Past 10 Years
Min: 0.93   Med: 3.18   Max: 5.83
Current: 5.83


CINSF's Net Margin % is ranked worse than
57.32% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs CINSF: 5.83

China Taiping Insurance Holdings Co Net Margin % Historical Data

The historical data trend for China Taiping Insurance Holdings 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 Taiping Insurance Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.63 2.36 2.36 0.93 5.83

China Taiping Insurance Holdings 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 % 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 Premium Member Only Premium Member Only Premium Member Only 1.77 8.78 -0.61 8.79 2.07

Competitive Comparison

For the Insurance - Life subindustry, China Taiping Insurance Holdings 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 Taiping Insurance Holdings Co Net Margin % Distribution

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

* The bar in red indicates where China Taiping Insurance Holdings Co's Net Margin % falls into.



China Taiping Insurance Holdings 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 Taiping Insurance Holdings 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 )
=792.564/13587.462
=5.83 %

China Taiping Insurance Holdings 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 )
=124.126/5986.949
=2.07 %

* 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.


China Taiping Insurance Holdings Co  (OTCPK:CINSF) 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 Taiping Insurance Holdings Co Net Margin % Related Terms

Thank you for viewing the detailed overview of China Taiping Insurance Holdings Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


China Taiping Insurance Holdings Co (China Taiping Insurance Holdings Co) Business Description

Traded in Other Exchanges
Address
18 King Wah Road, 25th Floor, North Point, Hong Kong, HKG
China Taiping Insurance Holdings Co Ltd is a holding company, which through its subsidiaries, sells insurance products and offers a variety of investment management services. The company sells life, property and casualty, reinsurance, and pension insurance products. The firm also operates asset management and real estate management services. The majority of China Taiping Insurance's income is derived from life insurance, with the People's Republic of China contributing the largest portion of company revenue. The Group consists of business segments: the life insurance business, property and casualty insurance business, Pension and group life insurance business, reinsurance business and Others. Majority of revenue is generated from the life insurance business.

China Taiping Insurance Holdings Co (China Taiping Insurance Holdings Co) Headlines

From GuruFocus