China Citic Bank (China Citic Bank) Tax Rate % : -0.36% (As of Dec. 2023)

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What is China Citic Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Citic Bank's Tax Expense for the three months ended in Dec. 2023 was $-8 Mil. China Citic Bank's Pre-Tax Income for the three months ended in Dec. 2023 was $2,205 Mil. Therefore, China Citic Bank's Tax Rate % for the quarter that ended in Dec. 2023 was -0.36%.

China Citic Bank Tax Rate % Historical Data

The historical data trend for China Citic 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 Citic Bank Tax Rate % Chart

China Citic Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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13.35

14.39

13.95

14.26

9.11

China Citic 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															11.44	13.62	13.06	7.28	-0.36

China Citic Bank Tax Rate % Calculation

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

China Citic 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 )
	=	955.856	/	10488.082
	=	9.11 %

China Citic 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 )
	=	-7.843	/	2204.98
	=	-0.36 %

China Citic Bank Tax Rate % Related Terms

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China Citic Bank (China Citic Bank) Business Description

Industry

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

Traded in Other Exchanges

CHBJF:USA 00998:Hong Kong D7C:Germany 601998:China

Address

10 Guanghua Road, 6-30/F and 32-42/F, Building No. 1, Chaoyang District, Beijing, CHN, 100020

Website

https://www.citicbank.com

As the second-largest joint-stock banks, China Citic Bank is headquartered in Beijing. It offers a full range of commercial banking services, with 1,410 outlets in 146 cities in China and branches in Hong Kong, Macau, New York, Los Angeles, and Singapore. As of 2022, the bank is the 9th-largest nationwide listed commercial bank in China in terms of total assets.

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