Industrial & Commercial Bank of China Operating margin
What is the Operating margin of Industrial & Commercial Bank of China?
The Operating margin of Industrial & Commercial Bank of China Ltd. is 63.55%
What is the definition of Operating margin?
Operating margin is the ratio of operating income divided by net sales and presented in percent.
ttm (trailing twelve months)
Operating margin is an indicator of profitability and is often used to compare the profitability of companies and industries of differing sizes. Companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit. Not all projects are of equal size, however, and one way to adjust for size is to divide the profit by sales revenue. The resulting ratio is the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted.
Operating margin of companies in the Finance sector on OTC compared to Industrial & Commercial Bank of China
What does Industrial & 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 operating margin similar to Industrial & Commercial Bank of China
- Gabelli Global Utility & Income Trust has Operating margin of 63.18%
- NVE Corp has Operating margin of 63.19%
- abrdn Australia Equity Fund Inc has Operating margin of 63.23%
- AAG has Operating margin of 63.24%
- Melbourne Enterprises has Operating margin of 63.29%
- Arlington Asset Investment Corp has Operating margin of 63.41%
- Industrial & Commercial Bank of China has Operating margin of 63.55%
- BlackRock Enhanced International Dividend Trust has Operating margin of 63.56%
- FinecoBank Banca Fineco S.p.A has Operating margin of 63.70%
- The UNITE Plc has Operating margin of 63.72%
- Asia Orient has Operating margin of 63.76%
- D B Realty has Operating margin of 63.77%
- Slate Retail REIT has Operating margin of 63.80%