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COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Tax Rate % : 15.21% (As of Mar. 2024)


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What is COSCO SHIPPING Specialized Carriers Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. COSCO SHIPPING Specialized Carriers Co's Tax Expense for the three months ended in Mar. 2024 was ¥61 Mil. COSCO SHIPPING Specialized Carriers Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥404 Mil. Therefore, COSCO SHIPPING Specialized Carriers Co's Tax Rate % for the quarter that ended in Mar. 2024 was 15.21%.


COSCO SHIPPING Specialized Carriers Co Tax Rate % Historical Data

The historical data trend for COSCO SHIPPING Specialized Carriers 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 Specialized Carriers Co Tax Rate % Chart

COSCO SHIPPING Specialized Carriers 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 48.70 16.46 34.25 22.52 9.50

COSCO SHIPPING Specialized Carriers 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 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 18.99 3.21 12.79 -21.25 15.21

COSCO SHIPPING Specialized Carriers Co Tax Rate % Calculation

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

COSCO SHIPPING Specialized Carriers 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 )
=113.216/1191.887
=9.50 %

COSCO SHIPPING Specialized Carriers 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 )
=61.413/403.835
=15.21 %

* 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 Specialized Carriers Co Tax Rate % Related Terms

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COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Business Description

Traded in Other Exchanges
N/A
Address
No. 282 Dongjiang Avenue, Free Trade Zone, Kangsheng Building, Guangdong Province, Guangzhou, CHN, 510623
COSCO Shipping is mainly engaged in the multipurpose shipping business. It also offers specialized shipping services. The company's specialized shipping unit owns semisubmersible ships, heavy-lift ships, roll-on/roll-off vessels, and vehicle carriers. Parent company COSCO owns a 50.13% stake in COSCO Shipping. At the end of December 2010, COSCO Shipping owned 77 ships with a total shipping capacity of 1.3173 million deadweight tons.
Executives
Han Guo Min senior management
Fang Zhi Wei Supervisors
Guo Jing Director
Lin Jing Wei senior management
Guo Fu Xiang senior management
Lai Yi Guang senior management
Tan Jin Song Director
Du Jun Ming senior management
Xue Jun Dong senior management
Jin Li Zuo Director

COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Headlines

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