Bank of Ningbo Co Ltd
SZSE:002142

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Bank of Ningbo Co Ltd
SZSE:002142
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Price: 23.98 CNY -2.91% Market Closed
Market Cap: 158.4B CNY
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Net Margin
Bank of Ningbo Co Ltd

37.7%
Current
36%
Average
22.8%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
37.7%
=
Net Income
25.8B
/
Revenue
68.4B

Net Margin Across Competitors

Country CN
Market Cap 158.4B CNY
Net Margin
38%
Country US
Market Cap 83.4B USD
Net Margin
22%
Country US
Market Cap 63.7B USD
Net Margin
-14%
Country US
Market Cap 36.7B USD
Net Margin
25%
Country US
Market Cap 33.4B USD
Net Margin
26%
Country US
Market Cap 32.4B USD
Net Margin
24%
Country US
Market Cap 26B USD
Net Margin
21%
Country US
Market Cap 24.9B USD
Net Margin
23%
Country CN
Market Cap 162.6B CNY
Net Margin
32%
Country US
Market Cap 21.2B USD
Net Margin
15%
Country US
Market Cap 19.4B USD
Net Margin
0%
No Stocks Found

Bank of Ningbo Co Ltd
Glance View

Market Cap
158.4B CNY
Industry
Banking

Bank of Ningbo Co Ltd, established in 1997, has emerged as a formidable player in China's rapidly expanding banking sector. With its roots firmly planted in Ningbo, a city known for its vibrant economy and strategic position as a trade hub, the bank has effectively leveraged local strengths to grow its customer base and expand its reach. As of October 2023, Bank of Ningbo boasts a robust asset portfolio and a wide range of financial products and services, including personal banking, corporate financing, and wealth management. Investors are particularly drawn to the bank's commitment to innovation and digital transformation, which has positioned it well to compete in an increasingly tech-driven financial landscape. What makes Bank of Ningbo especially appealing to potential investors is its consistent financial performance and prudent management strategy. The bank has shown resilience in navigating market fluctuations, displaying a solid track record of profitability and capital adequacy. With a focus on strategic expansion and customer-centric services, it has cultivated strong relationships with small and medium-sized enterprises, contributing significantly to its loan portfolio. As China continues to shift towards a more service-oriented economy, the Bank of Ningbo is poised to capitalize on growing demand for banking services. For investors looking for a stable yet dynamic investment in the Chinese financial sector, Bank of Ningbo presents an intriguing opportunity grounded in sound fundamentals and innovative growth strategies.

Intrinsic Value
72.06 CNY
Undervaluation 67%
Intrinsic Value
Price

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
37.7%
=
Net Income
25.8B
/
Revenue
68.4B
What is the Net Margin of Bank of Ningbo Co Ltd?

Based on Bank of Ningbo Co Ltd's most recent financial statements, the company has Net Margin of 37.7%.