China Construction Bank (China Construction Bank) Tax Rate % : 13.15% (As of Dec. 2023)

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What is China Construction Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Construction Bank's Tax Expense for the three months ended in Dec. 2023 was $1,633 Mil. China Construction Bank's Pre-Tax Income for the three months ended in Dec. 2023 was $12,419 Mil. Therefore, China Construction Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 13.15%.

China Construction Bank Tax Rate % Historical Data

The historical data trend for China Construction Bank'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 Construction Bank Tax Rate % Chart

China Construction Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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17.57

18.73

19.68

15.33

14.62

China Construction Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															13.90	14.86	15.57	14.78	13.15

China Construction Bank Tax Rate % Calculation

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

China Construction Bank'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 )
	=	7971.345	/	54533.066
	=	14.62 %

China Construction Bank'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 )
	=	1632.587	/	12419.4
	=	13.15 %

China Construction Bank Tax Rate % Related Terms

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China Construction Bank (China Construction Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Construction Bank Corp (OTCPK:CICHF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CICHY:USA 00939:Hong Kong C6T:Germany 601939:China

Address

No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033

Website

http://www.ccb.com

As one of the big four banks, China Construction Bank is headquartered in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.