GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meituan (OTCPK:MPNGY) » Definitions » Tax Rate %

Meituan (Meituan) Tax Rate %

: 4.15% (As of Dec. 2023)
View and export this data going back to 2018. Start your Free Trial

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Meituan's Tax Expense for the three months ended in Dec. 2023 was $13 Mil. Meituan's Pre-Tax Income for the three months ended in Dec. 2023 was $324 Mil. Therefore, Meituan's Tax Rate % for the quarter that ended in Dec. 2023 was 4.15%.

Meituan Tax Rate % Historical Data

The historical data trend for Meituan'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.

* Premium members only.

Meituan Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.05 -6.08 0.13 1.04 1.17

Meituan Quarterly Data
Apr18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % 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 Premium Member Only Premium Member Only Premium Member Only 0.16 0.25 0.21 1.37 4.15

Meituan Tax Rate % Calculation

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

Meituan'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 )
=23.044/1963.792
=1.17 %

Meituan'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 )
=13.453/323.947
=4.15 %

* 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.

Meituan Tax Rate % Related Terms

Thank you for viewing the detailed overview of Meituan's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Meituan (Meituan) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meituan (OTCPK:MPNGY) » Definitions » Tax Rate %
Comparable Companies
HKSE:02148 HKSE:01137 HKSE:02420 HKSE:02101 HKSE:00620 HKSE:01020 HKSE:01039 HKSE:02209 AMZN BABA PDD MELI JD CPNG SE EBAY TSE:4689 BOM:543320 CHWY TSE:4755
Traded in Other Exchanges
MPNGF:USA 03690:Hong Kong 9MD:Germany
Address
No. 4 Wang Jing East Road, Block B and C, Hengjiweiye Building, Chaoyang District, Beijing, CHN, 100102
Website
https://about.meituan.com
Meituan is the largest food delivery service in China, with a 70.7% share of the market in 2020 per the Chinese government. For the quarter-ended Sept. 30, 2021, the firm generated 54.2% of revenue from food delivery services, 17.7% from hotel booking, coupon sales, advertising, and 28.1% from new initiatives. In the long term, its new initiatives business may transform the company into an all-encompassing grocer and logistics business involving community group buying, nonfood delivery, and online grocery, overtaking food delivery as its main business.