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COSCO SHIPPING Holdings Co (COSCO SHIPPING Holdings Co) Tax Rate % : 16.12% (As of Mar. 2024)


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What is COSCO SHIPPING Holdings Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. COSCO SHIPPING Holdings Co's Tax Expense for the three months ended in Mar. 2024 was $205 Mil. COSCO SHIPPING Holdings Co's Pre-Tax Income for the three months ended in Mar. 2024 was $1,272 Mil. Therefore, COSCO SHIPPING Holdings Co's Tax Rate % for the quarter that ended in Mar. 2024 was 16.12%.


COSCO SHIPPING Holdings Co Tax Rate % Historical Data

The historical data trend for COSCO SHIPPING Holdings 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.

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COSCO SHIPPING Holdings Co Tax Rate % Chart

COSCO SHIPPING Holdings Co 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 24.11 5.45 18.83 21.32 14.15

COSCO SHIPPING Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.93 15.16 17.00 5.12 16.12

COSCO SHIPPING Holdings Co Tax Rate % Calculation

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

COSCO SHIPPING Holdings 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 )
=655.586/4632.457
=14.15 %

COSCO SHIPPING Holdings Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=205.068/1271.805
=16.12 %

* 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.


COSCO SHIPPING Holdings Co Tax Rate % Related Terms

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COSCO SHIPPING Holdings Co (COSCO SHIPPING Holdings Co) Business Description

Address
No. 658 Dong Da Ming Road, 8th Floor, Shanghai, CHN, 200080
COSCO SHIPPING Holdings Co Ltd is an investment holding company. The company's operating segment includes the Container shipping business, Terminal business, and Corporate and other operations. It generates maximum revenue from the Container shipping business segment. Its geographical segments includes America, Europe, Asia Pacific, Mainland China, Other international market.

COSCO SHIPPING Holdings Co (COSCO SHIPPING Holdings Co) Headlines