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China Reinsurance (Group) (HKSE:01508) Net Margin % : 7.23% (As of Dec. 2023)


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What is China Reinsurance (Group) Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China Reinsurance (Group)'s Net Income for the six months ended in Dec. 2023 was HK$3,982 Mil. China Reinsurance (Group)'s Revenue for the six months ended in Dec. 2023 was HK$55,116 Mil. Therefore, China Reinsurance (Group)'s net margin for the quarter that ended in Dec. 2023 was 7.23%.

The historical rank and industry rank for China Reinsurance (Group)'s Net Margin % or its related term are showing as below:

HKSE:01508' s Net Margin % Range Over the Past 10 Years
Min: -0.37   Med: 4.55   Max: 8.79
Current: 5.56


HKSE:01508's Net Margin % is ranked worse than
60.86% of 488 companies
in the Insurance industry
Industry Median: 7.72 vs HKSE:01508: 5.56

China Reinsurance (Group) Net Margin % Historical Data

The historical data trend for China Reinsurance (Group)'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 Reinsurance (Group) Net Margin % Chart

China Reinsurance (Group) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.26 3.40 3.62 -0.37 5.56

China Reinsurance (Group) Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % 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 2.37 1.11 -1.71 3.93 7.23

Competitive Comparison of China Reinsurance (Group)'s Net Margin %

For the Insurance - Reinsurance subindustry, China Reinsurance (Group)'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 Reinsurance (Group)'s Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Reinsurance (Group)'s Net Margin % distribution charts can be found below:

* The bar in red indicates where China Reinsurance (Group)'s Net Margin % falls into.



China Reinsurance (Group) 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 Reinsurance (Group)'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 )
=6182.526/111165.776
=5.56 %

China Reinsurance (Group)'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 )
=3982.197/55115.854
=7.23 %

* 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 Reinsurance (Group)  (HKSE:01508) 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 Reinsurance (Group) Net Margin % Related Terms

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China Reinsurance (Group) (HKSE:01508) Business Description

Traded in Other Exchanges
Address
No 11, Jinrong Avenue, Xicheng District, Beijing, CHN, 100033
China Reinsurance (Group) Corp is a Chinese company that is engaged in the reinsurance business. It provides various products and services including reinsurance, direct insurance, asset management, insurance brokerage, and insurance media service. The company offers a variety of reinsurance products for various property and casualty insurance, such as motor, property, agricultural, liability insurance, life, health, accident insurance, and asset management services. It operates through the following business segments: Property and casualty reinsurance, Life and health reinsurance, Primary property and casualty insurance, Asset Management, and Others.

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