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China Pacific Insurance (Group) Co (China Pacific Insurance (Group) Co) Tax Rate % : -27.98% (As of Dec. 2023)


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What is China Pacific Insurance (Group) Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Pacific Insurance (Group) Co's Tax Expense for the three months ended in Dec. 2023 was $-130 Mil. China Pacific Insurance (Group) Co's Pre-Tax Income for the three months ended in Dec. 2023 was $463 Mil. Therefore, China Pacific Insurance (Group) Co's Tax Rate % for the quarter that ended in Dec. 2023 was -27.98%.


China Pacific Insurance (Group) Co Tax Rate % Historical Data

The historical data trend for China Pacific Insurance (Group) Co's Tax Rate % 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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China Pacific Insurance (Group) Co Tax Rate % Chart

China Pacific Insurance (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.39 13.29 10.32 10.03 12.78

China Pacific Insurance (Group) Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % 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 -11.06 20.27 14.74 14.04 -27.98

China Pacific Insurance (Group) Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

China Pacific Insurance (Group) Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=572.813/4481.807
=12.78 %

China Pacific Insurance (Group) Co's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-129.548/463.012
=-27.98 %

* 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 Pacific Insurance (Group) Co Tax Rate % Related Terms

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China Pacific Insurance (Group) Co (China Pacific Insurance (Group) Co) Business Description

Traded in Other Exchanges
Address
1 South Zhongshan Road, Huangpu, Shanghai, CHN, 200010
China Pacific Insurance was established in 1988, with headquarter in Beijing. The company is one of the largest providers of life and general insurance products and services. It is China's third-largest life insurer and third-largest general property and casualty insurer. The company strives for an integrated financial services platform that consists of insurance, banking, and asset management.