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CICHF (China Construction Bank) Tax Rate % : 12.00% (As of Sep. 2024)


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What is China Construction Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Construction Bank's Tax Expense for the three months ended in Sep. 2024 was $1,774 Mil. China Construction Bank's Pre-Tax Income for the three months ended in Sep. 2024 was $14,786 Mil. Therefore, China Construction Bank's Tax Rate % for the quarter that ended in Sep. 2024 was 12.00%.

China Construction Bank Tax Rate % Historical Data

The historical data trend for China Construction 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.

* Premium members only.

China Construction Bank Tax Rate % Chart

China Construction Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.57 18.73 19.68 15.33 14.62

China Construction Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 14.78 13.15 15.05 13.86 12.00

China Construction Bank Tax Rate % Calculation

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

China Construction 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 )
=7971.345/54533.066
=14.62 %

China Construction Bank's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=1774.025/14786.037
=12.00 %

* 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 Construction Bank Tax Rate % Related Terms

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China Construction Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Construction Bank Corp (OTCPK:CICHF) » Definitions » Tax Rate %
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SHSE:601988 SHSE:601288 SHSE:601398 SHSE:601328 JPM BAC WFC TSX:RY ASX:CBA LSE:HSBA ASX:NAB TSE:8306 C XSWX:UBSG TSX:TD TSE:8316 ASX:WBC TSX:BNS XMAD:SAN TSX:BMO
Traded in Other Exchanges
CICHY:USA 00939:Hong Kong C6T:Germany 601939:China
Address
No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033
Website
http://www.ccb.com
China Construction Bank is the second-largest bank in China, with headquarter in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.