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CITIC (CTPCF) Tax Rate % : 12.10% (As of Dec. 2023)


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What is CITIC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CITIC's Tax Expense for the six months ended in Dec. 2023 was $1,033 Mil. CITIC's Pre-Tax Income for the six months ended in Dec. 2023 was $8,534 Mil. Therefore, CITIC's Tax Rate % for the quarter that ended in Dec. 2023 was 12.10%.

CITIC Tax Rate % Historical Data

The historical data trend for CITIC'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.

CITIC Tax Rate % Chart

CITIC 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 18.57 17.18 17.22 16.87 14.61

CITIC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 20.03 16.19 17.56 17.02 12.10

CITIC Tax Rate % Calculation

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

CITIC'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 )
=2542.587/17402.313
=14.61 %

CITIC'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 )
=1032.689/8533.584
=12.10 %

* 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.

CITIC Tax Rate % Related Terms

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CITIC (CTPCF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CITIC Ltd (OTCPK:CTPCF) » Definitions » Tax Rate %
Comparable Companies
HKSE:00001 HKSE:00019 HKSE:00656 HKSE:00392 HKSE:00053 HKSE:00148 HKSE:00363 HKSE:00861 HKSE:02322 HKSE:00882 ADX:IHC HON TSE:6501 TSE:8058 TSE:8031 TSE:8001 MMM TSE:8002 ADX:ALPHADHABI TSE:8053
Traded in Other Exchanges
CTPCY:USA 00267:Hong Kong CPF:Germany
Address
1 Tim Mei Avenue, 32nd Floor, CITIC Tower, Central, Hong Kong, HKG
Website
https://www.citic.com
CITIC Ltd is a Hong Kong-based investment holding company. The company's operating segment includes Comprehensive financial services; Advanced intelligent manufacturing; Advanced materials; New consumption and New-type urbanisation. It generates maximum revenue from the Comprehensive financial services segment. Geographically it derives a majority of its revenue from Mainland China.

CITIC (CTPCF) Headlines

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