Samsung Life Insurance Co (XKRX:032830) Net Margin % : 6.01% (As of Dec. 2023)

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What is Samsung Life Insurance Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Samsung Life Insurance Co's Net Income for the three months ended in Dec. 2023 was ₩445,586 Mil. Samsung Life Insurance Co's Revenue for the three months ended in Dec. 2023 was ₩7,414,156 Mil. Therefore, Samsung Life Insurance Co's net margin for the quarter that ended in Dec. 2023 was 6.01%.

The historical rank and industry rank for Samsung Life Insurance Co's Net Margin % or its related term are showing as below:

XKRX:032830' s Net Margin % Range Over the Past 10 Years
Min: 3.45 Med: 5.14 Max: 10.76
Current: 7.92

XKRX:032830's Net Margin % is ranked better than
50.62% of 486 companies
in the Insurance industry
Industry Median: 7.66 vs XKRX:032830: 7.92

Samsung Life Insurance Co Net Margin % Historical Data

The historical data trend for Samsung Life Insurance Co'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.

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Samsung Life Insurance Co Net Margin % Chart

Samsung Life Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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3.45

4.51

5.15

10.76

7.77

Samsung Life Insurance Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															20.68	10.90	5.35	9.42	6.01

Competitive Comparison of Samsung Life Insurance Co's Net Margin %

For the Insurance - Life subindustry, Samsung Life Insurance Co'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.

Samsung Life Insurance Co's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Samsung Life Insurance Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Samsung Life Insurance Co's Net Margin % falls into.

Samsung Life Insurance Co 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.

Samsung Life Insurance Co'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 )
	=	1895312	/	24401760
	=	7.77 %

Samsung Life Insurance Co'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 )
	=	445586	/	7414156
	=	6.01 %

Samsung Life Insurance Co (XKRX:032830) 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.

Samsung Life Insurance Co Net Margin % Related Terms

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Samsung Life Insurance Co (XKRX:032830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Samsung Life Insurance Co Ltd (XKRX:032830) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Samsung Life Insurance Building, Jung-gu, SEOUL, KOR, 100-716

Website

http://www.samsunglife.com

Samsung Life is Korea's largest insurer. It has a market share of life-insurance premiums of 22%, compared with 12% each for its two biggest rivals. It owns 72% of listed Samsung Card and 30% of equity-method affiliate Samsung Securities. It also owns close to 15% of sister company Samsung Fire & Marine Insurance, Korea's largest nonlife insurer, and owns 8.5% of Samsung Electronics, a stake that is worth well in excess of its own market cap. It in turn is 49% owned by related shareholders: 10.4% by Jay Lee, 6.9% and 1.7%, respectively, by Jay Lee's sisters Boo-Jin and Seo-Hyun, 19.3% by Samsung C&T (the presumptive parent of the Samsung group), 5.9% by E-mart (a retailer whose largest shareholders are Jay Lee's aunt and cousin), and 4.7% by the Samsung Foundation of Culture.

Samsung Life Insurance Co (XKRX:032830) Headlines

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