Xinhuanet Co (SHSE:603888) Tax Rate % : 28.25% (As of Mar. 2024)

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What is Xinhuanet Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Xinhuanet Co's Tax Expense for the three months ended in Mar. 2024 was ¥11 Mil. Xinhuanet Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥38 Mil. Therefore, Xinhuanet Co's Tax Rate % for the quarter that ended in Mar. 2024 was 28.25%.

Xinhuanet Co Tax Rate % Historical Data

The historical data trend for Xinhuanet 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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Xinhuanet Co Tax Rate % Chart

Xinhuanet Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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0.04

-3.41

-2.37

2.52

-50.64

Xinhuanet 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															9.08	0.51	-2.38	-289.94	28.25

Xinhuanet Co Tax Rate % Calculation

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

Xinhuanet 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 )
	=	-91.936	/	181.566
	=	-50.64 %

Xinhuanet 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 )
	=	10.76	/	38.092
	=	28.25 %

Xinhuanet Co Tax Rate % Related Terms

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Xinhuanet Co (SHSE:603888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Xinhuanet Co Ltd (SHSE:603888) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Beixing Road (East Section), 101, 1-5, Building 12, Daxing District, Beijing, CHN, 100162

Website

http://www.xinhuanet.com

Xinhuanet Co Ltd operates in the internet content and information industry. It owns and manages a news information service portals in China. Its business activities are divided into the following: online advertising, information services, website construction, technical services and mobile internet. Its online advertising business provides full-screen shrink, rear projection, streaming media and other forms of advertising. Its information services include multimedia information services and big data intelligent analysis services. The website construction and technical service business engage in website construction, content management and operation. The mobile internet business provides mobile internet content information services through text, images, voice, video and other forms.

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