CHNGQ (China Natural Gas) Tax Rate %: 36.95% (As of Sep. 2013)

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What is China Natural Gas Tax Rate %?

China Natural Gas CHNGQ -95.00% Tax Rate % is 36.95% as of Sep. 2013.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Natural Gas's Tax Expense for the three months ended in Sep. 2013 was $0.4 Mil. China Natural Gas's Pre-Tax Income for the three months ended in Sep. 2013 was $1.2 Mil. Therefore, China Natural Gas's Tax Rate % for the quarter that ended in Sep. 2013 was 36.95%.

China Natural Gas Tax Rate % Related Terms

China Natural Gas Tax Rate % Historical Data

* Premium members only.

The historical data trend for China Natural Gas'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.

China Natural Gas Tax Rate % Chart

China Natural Gas Annual Data
Trend Jul03 Jul04 Jul05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.02 18.64 18.05 23.97 22.59

China Natural Gas Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Tax Rate % 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 -6.16 16.52 15.94 18.17 36.95

China Natural Gas Tax Rate % Calculation

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

China Natural Gas's Tax Rate % for the fiscal year that ended in Dec. 2012 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2012 )/Pre-Tax Income (A: Dec. 2012 )
=3.221/14.258
=22.59 %

China Natural Gas's Tax Rate % for the quarter that ended in Sep. 2013 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2013 )/Pre-Tax Income (Q: Sep. 2013 )
=0.426/1.153
=36.95 %

* 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 Rate % →
What does a Tax Rate % of 36.95% mean?
China Natural Gas (CHNGQ) has a Tax Rate % of 36.95% as of Sep. 2013.
Is China Natural Gas' Tax Rate % too high?
China Natural Gas' current Tax Rate % is 36.95%.
How does China Natural Gas' Tax Rate % compare to SXEEQ and CNIG?
China Natural Gas' Tax Rate % of 36.95% can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Utilities - Regulated company?
A good Tax Rate % depends on the Utilities - Regulated industry context. However, Tax Rate % 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 Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. China Natural Gas's current Tax Rate % is 36.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Natural Gas stock overvalued right now?
China Natural Gas (CHNGQ) has a current Tax Rate % of 36.95%. The current Tax Rate % is 36.95%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For China Natural Gas (CHNGQ), the current Tax Rate % is 36.95% as of Sep. 2013. 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 Natural Gas Business Description

Address 35 Tang Yan Road, 19th Floor Building B, Van Metropolis, Hi-Tech Zone, Shaanxi Province, Xian, CHN, 710065
China Natural Gas Inc through its subsidiaries engages in sales & distribution of natural gas and gasoline to commercial, industrial & residential customers, construction of pipeline networks, installation of natural gas fittings & parts for end-users.