Hilong Holding (HKSE:01623) Tax Rate % : 35.05% (As of Jun. 2023)

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What is Hilong Holding Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hilong Holding's Tax Expense for the six months ended in Jun. 2023 was HK$89 Mil. Hilong Holding's Pre-Tax Income for the six months ended in Jun. 2023 was HK$254 Mil. Therefore, Hilong Holding's Tax Rate % for the quarter that ended in Jun. 2023 was 35.05%.

Hilong Holding Tax Rate % Historical Data

The historical data trend for Hilong Holding'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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Hilong Holding Tax Rate % Chart

Hilong Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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35.27

39.75

-29.99

66.79

30.86

Hilong Holding Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tax Rate %	Get a 7-Day Free Trial															44.00	92.27	19.91	36.30	35.05

Hilong Holding Tax Rate % Calculation

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

Hilong Holding's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	72.664	/	235.429
	=	30.86 %

Hilong Holding's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	88.873	/	253.555
	=	35.05 %

Hilong Holding Tax Rate % Related Terms

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Hilong Holding (HKSE:01623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hilong Holding Ltd (HKSE:01623) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

HLONF:USA 8HL:Germany

Address

No. 1825, Luodong Road, Baoshan Industrial Zone, Shanghai, CHN, 200949

Website

http://www.hilonggroup.com

Hilong Holding Ltd manufactures and distributes oil and gas drilling equipment and coating materials, and provisions coating, oilfield, and offshore engineering services. Its segments include Oilfield equipment manufacturing and services including the production of oilfield equipment and provision of OCTG coating services; Line pipe technology and services including the provision of services related to oil and gas pipelines and production of coating materials for anti-corrosive and anti-friction purposes; Oilfield services including the provision of well drilling services, integrated comprehensive services, OCTG trading and related services to oil and gas producers; and Offshore engineering services includes the provision of offshore engineering services and offshore design services.

Executives

Scts Capital Pte. Ltd.	2306 Nominee for another person
Standard Chartered Trust (singapore) Limited	2301 Trustee
Gao Xia	2202 Interest of your spouse
Zhang Jun	2307 Founder of a discretionary trust who can infl
Hilong Group Limited	2101 Beneficial owner
Zhao Shumin	2101 Beneficial owner

Hilong Holding (HKSE:01623) Headlines

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