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China New Higher Education Group (FRA:8CN) Tax Rate % : 15.39% (As of Aug. 2024)


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What is China New Higher Education Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China New Higher Education Group's Tax Expense for the six months ended in Aug. 2024 was €7.5 Mil. China New Higher Education Group's Pre-Tax Income for the six months ended in Aug. 2024 was €48.6 Mil. Therefore, China New Higher Education Group's Tax Rate % for the quarter that ended in Aug. 2024 was 15.39%.

China New Higher Education Group Tax Rate % Historical Data

The historical data trend for China New Higher Education Group'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 New Higher Education Group Tax Rate % Chart

China New Higher Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Aug20 Aug21 Aug22 Aug23 Aug24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 12.70 15.71 16.85 17.19

China New Higher Education Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 17.68 15.49 18.49 18.50 15.39

China New Higher Education Group Tax Rate % Calculation

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

China New Higher Education Group's Tax Rate % for the fiscal year that ended in Aug. 2024 is calculated as

Tax Rate %=Tax Expense (A: Aug. 2024 )/Pre-Tax Income (A: Aug. 2024 )
=19.921/115.865
=17.19 %

China New Higher Education Group's Tax Rate % for the quarter that ended in Aug. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Aug. 2024 )/Pre-Tax Income (Q: Aug. 2024 )
=7.482/48.608
=15.39 %

* 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 New Higher Education Group Tax Rate % Related Terms

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China New Higher Education Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China New Higher Education Group Ltd (FRA:8CN) » Definitions » Tax Rate %
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HKSE:02175 HKSE:09616 HKSE:06169 HKSE:01593 HKSE:00382 HKSE:09986 HKSE:01935 HKSE:02385 HKSE:01981 HKSE:01765 TAL EDU LRN LOPE GHC ATGE LAUR SZSE:002607 SZSE:300364 ADX:ALEFEDT
Traded in Other Exchanges
02001:Hong Kong 8CN:Germany
Address
5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN
Website
https://www.xingaojiao.com
China New Higher Education Group, or CNHE, is a leading higher education group in China. Its school network spans seven provinces. Total enrolled students reached about 139,000 for the academic year 2024/25. CNHE currently operates eight schools, up from only two schools in 2016.

China New Higher Education Group Headlines

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