EGRNF (China Evergrande Group) Tax Provision: $-2,081 Mil (TTM As of Jun. 2023)

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EGRNF China Evergrande Group EGRNF
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What is China Evergrande Group Tax Provision?

China Evergrande Group EGRNF 12 Tax Provision is $-2,081 Mil as of Jun. 2023. GuruFocus rates EGRNF with a GF Score™ of 12/100.

China Evergrande Group's tax provision for the six months ended in Jun. 2023 was $-955 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2023 was $-2,081 Mil.

China Evergrande Group Tax Provision Historical Data

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The historical data trend for China Evergrande Group's Tax Provision 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.

China Evergrande Group Tax Provision Chart

China Evergrande Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8,747.91 -5,792.95 -5,634.40 1,990.17 -1,872.00

China Evergrande Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Tax Provision 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 69.42 1,920.15 -776.83 -1,125.98 -954.56
EGRNF
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China Evergrande Group EGRNF
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China Evergrande Group Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2,081 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-2,081 Mil mean?
China Evergrande Group (EGRNF) has a Tax Provision of $-2,081 Mil as of Jun. 2023. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on China Evergrande Group and its competitors.
Is China Evergrande Group's Tax Provision too high?
China Evergrande Group's current Tax Provision is $-2,081 Mil. Overall, China Evergrande Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does China Evergrande Group's Tax Provision compare to competitors?
China Evergrande Group's Tax Provision of $-2,081 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Real Estate company?
A good Tax Provision depends on the Real Estate industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on China Evergrande Group and its competitors. China Evergrande Group's current Tax Provision is $-2,081 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Evergrande Group stock overvalued right now?
China Evergrande Group (EGRNF) has a current Tax Provision of $-2,081 Mil. The current Tax Provision is $-2,081 Mil. China Evergrande Group's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For China Evergrande Group (EGRNF), the current Tax Provision is $-2,081 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Evergrande Group Business Description

Address Number. 78 Huangpu Avenue West, Tianhe District, Guangdong Province, Guangzhou, CHN, 510620
China Evergrande Group is engaged in the property development, property investment, property management, new energy vehicle business, cultural tourism business and health industry business principally in the People's Republic of China. The company is organized into four business segments: property development, property investment, property management and other businesses. Other businesses mainly include new energy vehicle business, cultural tourism business, health industry business and investment business.
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Get the complete analysis for EGRNF

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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