China Telecom (SGX:K3ED) Tax Rate % : 22.20% (As of Mar. 2024)

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What is China Telecom Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Telecom's Tax Expense for the three months ended in Mar. 2024 was $342 Mil. China Telecom's Pre-Tax Income for the three months ended in Mar. 2024 was $1,540 Mil. Therefore, China Telecom's Tax Rate % for the quarter that ended in Mar. 2024 was 22.20%.

China Telecom Tax Rate % Historical Data

The historical data trend for China Telecom'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 Telecom Tax Rate % Chart

China Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.39

23.03

22.78

22.51

22.39

China Telecom 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															22.50	23.23	21.11	21.60	22.20

China Telecom Tax Rate % Calculation

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

China Telecom'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 )
	=	1229.097	/	5490.603
	=	22.39 %

China Telecom'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 )
	=	341.884	/	1539.944
	=	22.20 %

China Telecom Tax Rate % Related Terms

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China Telecom (SGX:K3ED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Telecom Corp Ltd (SGX:K3ED) » Definitions » Tax Rate %

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00728:Hong Kong ZCH:Germany 601728:China

Address

31 Jinrong Street, Xicheng District, Beijing, CHN, 100033

Website

https://www.chinatelecom-h.com

China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 102 million fixed-line subscribers, 189 million broadband customers, and 406 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with a plan to have 560,000 cabinets by end 2023.

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