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Industrial Bank of Korea (XKRX:024110) Gross-Profit-to-Asset % : 2.12% (As of Mar. 2024)


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What is Industrial Bank of Korea Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Industrial Bank of Korea's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₩9,560,620 Mil. Industrial Bank of Korea's average Total Assets over the quarter that ended in Mar. 2024 was ₩450,902,355 Mil. Therefore, Industrial Bank of Korea's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.12%.


Industrial Bank of Korea Gross-Profit-to-Asset % Historical Data

The historical data trend for Industrial Bank of Korea's Gross-Profit-to-Asset % 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.

Industrial Bank of Korea Gross-Profit-to-Asset % Chart

Industrial Bank of Korea Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 2.13 2.08 2.17 2.26

Industrial Bank of Korea Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 2.34 2.22 1.75 3.73 2.12

Competitive Comparison of Industrial Bank of Korea's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Industrial Bank of Korea's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Industrial Bank of Korea's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Industrial Bank of Korea's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Industrial Bank of Korea's Gross-Profit-to-Asset % falls into.



Industrial Bank of Korea Gross-Profit-to-Asset % Calculation

Industrial Bank of Korea's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=9924979/( (431186338+448427279)/ 2 )
=9924979/439806808.5
=2.26 %

Industrial Bank of Korea's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=9560620/( (448427279+453377431)/ 2 )
=9560620/450902355
=2.12 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Industrial Bank of Korea (XKRX:024110) Business Description

Traded in Other Exchanges
N/A
Address
50 Euljiro 2-Ga, Joong-Gu, Seoul, KOR, 100-758
Industrial Bank of Korea is a financial institution domiciled in Korea. The company principally earns revenue from interest income. The bank organises itself into seven segments: retail, corporate, money market, investment banking, credit card, foreign exchange, and others. Corporate banking operations represent more than half consolidated revenue, with retail banking operations the next most significant segment. The vast majority of revenue is derived domestically. The Republic of Korea is a majority shareholder in Industrial Bank of Korea.

Industrial Bank of Korea (XKRX:024110) Headlines

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