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Huzhou Gas Co (HKSE:06661) Tax Rate % : 23.88% (As of Dec. 2023)


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What is Huzhou Gas Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Huzhou Gas Co's Tax Expense for the six months ended in Dec. 2023 was HK$30 Mil. Huzhou Gas Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$127 Mil. Therefore, Huzhou Gas Co's Tax Rate % for the quarter that ended in Dec. 2023 was 23.88%.


Huzhou Gas Co Tax Rate % Historical Data

The historical data trend for Huzhou Gas 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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Huzhou Gas Co Tax Rate % Chart

Huzhou Gas Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
25.42 25.38 24.81 24.37 24.05

Huzhou Gas Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial 24.66 25.30 23.68 24.24 23.88

Huzhou Gas Co Tax Rate % Calculation

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

Huzhou Gas 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 )
=56.891/236.596
=24.05 %

Huzhou Gas 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 )
=30.379/127.223
=23.88 %

* 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.


Huzhou Gas Co Tax Rate % Related Terms

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Huzhou Gas Co (HKSE:06661) Business Description

Traded in Other Exchanges
N/A
Address
227 Sizhong Road, Zhejiang Province, Huzhou, CHN
Huzhou Gas Co Ltd is the largest piped natural gas distributor. The principal business of the company comprises of sale of gas, mainly PNG under the Concessions; provision of construction and installation services to construct and install end-user pipeline network and gas facilities for customers such as property developers and owners or occupants of residential and non-residential properties; and others, including sale of household gas appliances.
Executives
Bank Of Communications Co., Ltd. 2201 Interest of corporation controlled by you
Bocom International Holdings Company Limited 2201 Interest of corporation controlled by you
New Partner Intl Ltd 2101 Beneficial owner
Yu Linqiang 2101 Beneficial owner
Guo Tou Tai Kang Xin Tuo You Xian Gong Si 2301 Trustee
Dong Fang Ji Jin Guan Li Gu Fen You Xian Gong Si
Wu Shu Ying 2202 Interest of your spouse
Meng Er Hu 2201 Interest of corporation controlled by you
Yu Rong Fang 2202 Interest of your spouse
Bank Of Communications (nominee) Company Limited 2201 Interest of corporation controlled by you
Bocom International Securities Company Limited 2106 Person having a security interest in shares
Xin Ao Neng Yuan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Xin Ao Zhong Guo Ran Qi Tou Zi You Xian Gong Si 2101 Beneficial owner

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