Qingdao Citymedia Co (SHSE:600229) Tax Rate % : 31.27% (As of Mar. 2024)

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What is Qingdao Citymedia Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Qingdao Citymedia Co's Tax Expense for the three months ended in Mar. 2024 was ¥40 Mil. Qingdao Citymedia Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥127 Mil. Therefore, Qingdao Citymedia Co's Tax Rate % for the quarter that ended in Mar. 2024 was 31.27%.

Qingdao Citymedia Co Tax Rate % Historical Data

The historical data trend for Qingdao Citymedia 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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Qingdao Citymedia Co Tax Rate % Chart

Qingdao Citymedia Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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0.13

-0.08

0.82

0.67

-16.22

Qingdao Citymedia Co 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															0.97	1.65	2.14	-65.84	31.27

Qingdao Citymedia Co Tax Rate % Calculation

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

Qingdao Citymedia 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 )
	=	-56.923	/	350.977
	=	-16.22 %

Qingdao Citymedia Co'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 )
	=	39.58	/	126.593
	=	31.27 %

Qingdao Citymedia Co Tax Rate % Related Terms

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Qingdao Citymedia Co (SHSE:600229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Qingdao Citymedia Co Ltd (SHSE:600229) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

No.182 Haier Road, Publishing Building, Qingdao, Shandong, CHN

Website

http://www.citymedia.cn

Qingdao Citymedia Co Ltd is engaged in the publishing business. It publishes books, periodicals, electronic audio, and video. Further, it is also involved in the development and operation of emerging media. Geographically the activities are carried out through China.

Qingdao Citymedia Co (SHSE:600229) Headlines

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