Industrial and Commercial Bank of China Profit margin
What is the Profit margin of Industrial and Commercial Bank of China?
The Profit margin of Industrial and Commercial Bank of China Limited is 54.41%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Finance sector on HKSE compared to Industrial and Commercial Bank of China
What does Industrial and Commercial Bank of China do?
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, various corporate intermediary services, etc. The Personal Banking segment provides financial products and services to individual customers. This segment's products and services comprise personal loans and cards, deposits, personal wealth management, personal intermediary services, etc. The Treasury Operations segment is involved in the money market transactions, investment securities, and foreign exchange transactions, as well as in the holding of derivative positions. The company also offers e-banking services, including Internet, telephone, and mobile banking services; and investment banking, fund and financial asset management, trust, financial leasing, broker dealer, securities margin and trading, insurance, and other financial services. It operates 16,653 institutions, including 16,227 domestic institutions and 426 overseas institutions. Industrial and Commercial Bank of China Limited was founded in 1984 and is headquartered in Beijing, the People's Republic of China.
Companies with profit margin similar to Industrial and Commercial Bank of China
- Gimv NV has Profit margin of 54.17%
- BioNTech SE has Profit margin of 54.24%
- Sparebanken Vest has Profit margin of 54.25%
- PlayWay S.A has Profit margin of 54.31%
- Turkiye Garanti Bankasi AS has Profit margin of 54.33%
- Bank of Xi'an Co has Profit margin of 54.35%
- Industrial and Commercial Bank of China has Profit margin of 54.41%
- Genworth Mortgage Insurance Australia has Profit margin of 54.43%
- Lonza AG has Profit margin of 54.43%
- Lonza AG has Profit margin of 54.43%
- Kangji Medical Ltd has Profit margin of 54.43%
- Federal National Mortgage Association has Profit margin of 54.45%
- OneSavings Bank Plc has Profit margin of 54.47%