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Cosco Shipping Development Co (Cosco Shipping Development Co) Tax Rate % : 442.55% (As of Dec. 2023)


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What is Cosco Shipping Development Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cosco Shipping Development Co's Tax Expense for the three months ended in Dec. 2023 was $-37 Mil. Cosco Shipping Development Co's Pre-Tax Income for the three months ended in Dec. 2023 was $-8 Mil. Therefore, Cosco Shipping Development Co's Tax Rate % for the quarter that ended in Dec. 2023 was 442.55%.


Cosco Shipping Development Co Tax Rate % Historical Data

The historical data trend for Cosco Shipping Development 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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Cosco Shipping Development Co Tax Rate % Chart

Cosco Shipping Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.28 13.56 23.06 18.73 -1.93

Cosco Shipping Development Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.39 11.91 10.02 50.51 442.55

Cosco Shipping Development Co Tax Rate % Calculation

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

Cosco Shipping Development 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 )
=-3.728/193.623
=-1.93 %

Cosco Shipping Development 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 )
=-37.033/-8.368
=442.55 %

* 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.


Cosco Shipping Development Co Tax Rate % Related Terms

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Cosco Shipping Development Co (Cosco Shipping Development Co) Business Description

Address
Room A-538, International Trade Building, Pilot Free Trade Zone, Shanghai, CHN, 200127
COSCO SHIPPING Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping and industry-related leasing segment, which renders vessel chartering, container leasing, and finance lease services, the Container manufacturing segment, which manufactures and sells containers, Investment and services segment, which focuses on equity or debt investment and insurance brokerage services; and Other businesses segment comprises, principally, cargo and liner agency services.

Cosco Shipping Development Co (Cosco Shipping Development Co) Headlines

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