Industrial & Commercial Bank Of China Gross Margin 2010-2023 | IDCBY
- Industrial & Commercial Bank Of China average gross margin for 2022 was 63.73%, a 8.5% decline from 2021.
- Industrial & Commercial Bank Of China average gross margin for 2021 was 58.74%, a 12.14% increase from 2020.
- Industrial & Commercial Bank Of China average gross margin for 2020 was 52.38%, a 12.07% increase from 2019.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.