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Zhongyuan Bank Co (HKSE:01216) Tax Rate % : -53.83% (As of Dec. 2023)


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What is Zhongyuan Bank Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zhongyuan Bank Co's Tax Expense for the six months ended in Dec. 2023 was HK$-438 Mil. Zhongyuan Bank Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$814 Mil. Therefore, Zhongyuan Bank Co's Tax Rate % for the quarter that ended in Dec. 2023 was -53.83%.


Zhongyuan Bank Co Tax Rate % Historical Data

The historical data trend for Zhongyuan Bank 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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Zhongyuan Bank Co Tax Rate % Chart

Zhongyuan Bank 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 26.48 24.59 20.99 11.20 -8.43

Zhongyuan Bank Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 30.41 0.67 21.73 6.83 -53.83

Zhongyuan Bank Co Tax Rate % Calculation

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

Zhongyuan Bank 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 )
=-272.611/3234.402
=-8.43 %

Zhongyuan Bank 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 )
=-438.016/813.712
=-53.83 %

* 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.


Zhongyuan Bank Co Tax Rate % Related Terms

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Zhongyuan Bank Co (HKSE:01216) Business Description

Traded in Other Exchanges
Address
No. 23 Shangwu Waihuan Road, Zhongke Golden Tower, Zhengdong New District CBD, Henan Province, Zhengzhou, CHN
Zhongyuan Bank Co Ltd is engaged in the provision of corporate banking services. The business segments of the company are the Corporate banking segment, which represents the provision of a range of financial products and services to corporations, government agencies and financial institutions. The retail banking segment represents the provision of a range of financial products and services to retail customers. The financial markets business segment covers the Group's financial markets business operations. The financial markets business enters into inter-bank money market transactions, repurchases transactions and investments. Other segments represent assets, liabilities, income and expenses which cannot be directly attributable or cannot be allocated to a segment on a reasonable basis.

Zhongyuan Bank Co (HKSE:01216) Headlines

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