China Tourism Group Duty Free (SHSE:601888) Tax Rate % : 16.30% (As of Mar. 2024)

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What is China Tourism Group Duty Free Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Tourism Group Duty Free's Tax Expense for the three months ended in Mar. 2024 was ¥474 Mil. China Tourism Group Duty Free's Pre-Tax Income for the three months ended in Mar. 2024 was ¥2,910 Mil. Therefore, China Tourism Group Duty Free's Tax Rate % for the quarter that ended in Mar. 2024 was 16.30%.

China Tourism Group Duty Free Tax Rate % Historical Data

The historical data trend for China Tourism Group Duty Free'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 Tourism Group Duty Free Tax Rate % Chart

China Tourism Group Duty Free Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.31

24.15

16.46

18.76

15.95

China Tourism Group Duty Free 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															21.86	9.44	17.90	11.09	16.30

China Tourism Group Duty Free Tax Rate % Calculation

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

China Tourism Group Duty Free'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 )
	=	1379.316	/	8645.528
	=	15.95 %

China Tourism Group Duty Free'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 )
	=	474.325	/	2909.529
	=	16.30 %

China Tourism Group Duty Free Tax Rate % Related Terms

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China Tourism Group Duty Free (SHSE:601888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Tourism Group Duty Free Corp Ltd (SHSE:601888) » Definitions » Tax Rate %

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01880:Hong Kong

Address

No. 2A, Dongzhimenwai Street, 8th Floor, Block A, Dongcheng District, Beijing, CHN, 100027

Website

https://www.ctgdutyfree.com.cn

China Tourism Group Duty Free Corp Ltd is an investment holding company. The company's segments include Retail and Property. It generates maximum revenue from the Retail segment. The Retail segment offers a comprehensive series of duty-free and duty-paid merchandise to customers in Mainland China, Hong Kong, Macau, Cambodia, etc, through its travel retail business. It also engages sales of duty-free and duty-paid merchandise and income from provision of related services.

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