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PICC Property and Casualty Co (STU:PJC) Tax Rate % : 14.59% (As of Jun. 2024)


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What is PICC Property and Casualty Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. PICC Property and Casualty Co's Tax Expense for the six months ended in Jun. 2024 was €404 Mil. PICC Property and Casualty Co's Pre-Tax Income for the six months ended in Jun. 2024 was €2,772 Mil. Therefore, PICC Property and Casualty Co's Tax Rate % for the quarter that ended in Jun. 2024 was 14.59%.


PICC Property and Casualty Co Tax Rate % Historical Data

The historical data trend for PICC Property and Casualty 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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PICC Property and Casualty Co Tax Rate % Chart

PICC Property and Casualty 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 -2.09 15.43 14.07 14.44 12.37

PICC Property and Casualty Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 15.06 13.19 14.72 -0.61 14.59

PICC Property and Casualty Co Tax Rate % Calculation

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

PICC Property and Casualty 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 )
=445.516/3600.473
=12.37 %

PICC Property and Casualty Co's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=404.397/2772.261
=14.59 %

* 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.


PICC Property and Casualty Co Tax Rate % Related Terms

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PICC Property and Casualty Co Business Description

Traded in Other Exchanges
Address
Tower 2, No. 2 Jianguomenwai Avenue, Chaoyang District, Beijing, CHN, 100022
With headquarters in Beijing, PICC P&C is China's largest nonlife insurer, commanding nearly 33% market share in the country. It was founded by the People's Bank of China in 1949. The company is a flagship subsidiary of the PICC Group, a state-owned insurance group, which owns 69% of PICC P&C. The company offers a wide range of nonlife insurance products, including auto, commercial property, liability, credit and surety bond, accidents and health, energy and aerospace, and agricultural insurance.

PICC Property and Casualty Co Headlines

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