China Construction Bank Gross margin
What is the Gross margin of China Construction Bank?
The Gross margin of China Construction Bank Corporation is 99.55%
What is the definition of Gross margin?
Gross margin is the difference between revenue and cost of goods sold, divided by revenue, and expressed as a percentage.
lfy (last fiscal year)
Gross margin is a type of profit margin, specifically a form of profit divided by net revenue. It is generally calculated as the selling price of an item, minus the cost of goods sold (production or acquisition costs, not including indirect fixed costs like rent, or administrative costs). The purpose of margins is to give a description of the gross profit.
Gross margin of companies in the Finance sector on HKSE compared to China Construction Bank
What does China Construction Bank do?
China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, Treasury Business, and Others segments. The company accepts various deposits, such as foreign currency, all in one accounts, RMB, corporate term and notification, and corporate demand deposits, as well corporate deposits by agreement. Its loan products include personal business, car, and housing loans; and SME, traditional credit, commercial draft, buyer credit, and RMB credit line loans. The company also offers credit cards; physical gold for personal investment and personal gold accounts; foreign exchange services; certificate treasury and savings bonds, securities deposit accounts, and securities services, as well as bank-securities transfer and book-entry treasury bond over the counter services; and wealth management products. In addition, it provides collection, salaries payment, third-party collection and payment, insurance agency, and remittance services; international settlement and financing, and FI services; securities and fund settlement services; guarantee-based, consulting and advising, and factoring services; fund custody services; treasury, asset management, trustee, finance leasing, investment banking, and other financial services; and e-banking services. Further, the company offers institutional services comprising services for government agencies, social security, banks cooperation, bank-securities cooperation, bank-insurance cooperation, and services for non-banking financial institutions. As of December 31, 2020, it operated 14,741 banking outlets. China Construction Bank Corporation was founded in 1954 and is headquartered in Beijing, the People's Republic of China.
Companies with gross margin similar to China Construction Bank
- Vertu Capital has Gross margin of 99.49%
- Love Global Ltd has Gross margin of 99.50%
- Bharat Bhushan Finance & Commodity Brokers has Gross margin of 99.50%
- Pro Medicus has Gross margin of 99.51%
- Secure Income REIT Plc has Gross margin of 99.51%
- Turkiye Halk Bankasi AS has Gross margin of 99.55%
- China Construction Bank has Gross margin of 99.55%
- JM has Gross margin of 99.58%
- DCM Services has Gross margin of 99.58%
- 99 Technology has Gross margin of 99.60%
- Americann has Gross margin of 99.61%
- eHealth Inc has Gross margin of 99.61%
- Voluntis S.A has Gross margin of 99.61%