Guangzhou Development Group (SHSE:600098) Tax Rate % : 20.34% (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Guangzhou Development Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Guangzhou Development Group's Tax Expense for the three months ended in Mar. 2024 was ¥118 Mil. Guangzhou Development Group's Pre-Tax Income for the three months ended in Mar. 2024 was ¥580 Mil. Therefore, Guangzhou Development Group's Tax Rate % for the quarter that ended in Mar. 2024 was 20.34%.

Guangzhou Development Group Tax Rate % Historical Data

The historical data trend for Guangzhou Development Group'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.

* Premium members only.

Guangzhou Development Group Tax Rate % Chart

Guangzhou Development Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

17.19

18.92

70.67

20.67

19.50

Guangzhou Development Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															21.65	18.36	13.60	32.23	20.34

Guangzhou Development Group Tax Rate % Calculation

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

Guangzhou Development Group'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 )
	=	451.906	/	2317.061
	=	19.50 %

Guangzhou Development Group's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	117.886	/	579.564
	=	20.34 %

Guangzhou Development Group Tax Rate % Related Terms

Thank you for viewing the detailed overview of Guangzhou Development Group's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangzhou Development Group (SHSE:600098) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Guangzhou Development Group Inc (SHSE:600098) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

28/F, Development Center, No. 3 Linjiang Avenue, Zhujiang Xincheng, Guangzhou, CHN

Website

http://www.gdg.com.cn

Guangzhou Development Group Incorporated is a China-based company operating in the integrated energy business. It is engaged in the investment, construction, development, and operation of electric power, coal, oil products, natural gas and new energy. The company is also involved in the energy logistics business.

Executives

Wu Xu	Director
Feng Kai Yun	Director
Li Shuang Yin	Supervisors
Yang Dan De	Director

Guangzhou Development Group (SHSE:600098) Headlines

No Headlines