PetroChina Co (SHSE:601857) Tax Rate % : 30.01% (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is PetroChina Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. PetroChina Co's Tax Expense for the three months ended in Dec. 2023 was ¥14,549 Mil. PetroChina Co's Pre-Tax Income for the three months ended in Dec. 2023 was ¥48,485 Mil. Therefore, PetroChina Co's Tax Rate % for the quarter that ended in Dec. 2023 was 30.01%.

PetroChina Co Tax Rate % Historical Data

The historical data trend for PetroChina 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.

* Premium members only.

PetroChina Co Tax Rate % Chart

PetroChina Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

35.08

40.29

27.50

23.41

24.07

PetroChina Co 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															24.72	22.48	22.14	22.98	30.01

PetroChina Co Tax Rate % Calculation

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

PetroChina 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 )
	=	57167	/	237458
	=	24.07 %

PetroChina Co'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 )
	=	14549	/	48485
	=	30.01 %

PetroChina Co Tax Rate % Related Terms

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

PetroChina Co (SHSE:601857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroChina Co Ltd (SHSE:601857) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PCCYF:USA 00857:Hong Kong PC6:Germany

Address

No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007

Website

http://www.petrochina.com.cn

PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.

PetroChina Co (SHSE:601857) Headlines

No Headlines