Chongqing Iron & Steel Co (FRA:CGP) Tax Rate %: -0.26% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:CGP Chongqing Iron & Steel Co Ltd FRA:CGP
30 GF Score
Price €0.10
GF Value €0.07
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Chongqing Iron & Steel Co Tax Rate %?

Chongqing Iron & Steel Co FRA:CGP -0.51% 30 Tax Rate % is -0.26% as of Mar. 2026. GuruFocus rates FRA:CGP with a GF Score™ of 30/100 and a GF Value™ of €0.07 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Chongqing Iron & Steel Co's Tax Expense for the three months ended in Mar. 2026 was €0 Mil. Chongqing Iron & Steel Co's Pre-Tax Income for the three months ended in Mar. 2026 was €-25 Mil. Therefore, Chongqing Iron & Steel Co's Tax Rate % for the quarter that ended in Mar. 2026 was -0.26%.

Chongqing Iron & Steel Co Tax Rate % Related Terms

Chongqing Iron & Steel Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for Chongqing Iron & Steel 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.

Chongqing Iron & Steel Co Tax Rate % Chart

Chongqing Iron & Steel Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.51 15.18 14.32 2.92 0.46

Chongqing Iron & Steel Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.54 -3.60 -0.84 0.58 -0.26
FRA:CGP
30GF Score
Chongqing Iron & Steel Co Ltd FRA:CGP
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chongqing Iron & Steel Co Tax Rate % Calculation

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

Chongqing Iron & Steel Co's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=-1.54/-331.567
=0.46 %

Chongqing Iron & Steel Co's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=0.066/-24.929
=-0.26 %

* 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 -0.26% mean?
Chongqing Iron & Steel Co (FRA:CGP) has a Tax Rate % of -0.26% as of Mar. 2026.
Is Chongqing Iron & Steel Co's Tax Rate % too high?
Chongqing Iron & Steel Co's current Tax Rate % is -0.26%. Overall, Chongqing Iron & Steel Co has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Iron & Steel Co's Tax Rate % compare to NUE and STLD?
Chongqing Iron & Steel Co's Tax Rate % of -0.26% can be compared against companies in the Steel 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 a Steel company?
A good Tax Rate % depends on the Steel 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. Chongqing Iron & Steel Co's current Tax Rate % is -0.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Iron & Steel Co (FRA:CGP) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.07, compared to a current price of €0.10 — trading 39.3% above its estimated fair value. The current Tax Rate % is -0.26%. Chongqing Iron & Steel Co's overall GF Score™ is 30/100 with 5 warning signs to review. 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 Chongqing Iron & Steel Co (FRA:CGP), the current Tax Rate % is -0.26% as of Mar. 2026. 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.

Is Chongqing Iron & Steel Co (FRA:CGP) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Iron & Steel Co stock appears to be overvalued. The current stock price of €0.10 is trading 39.3% above its estimated GF Value™ of €0.07. GuruFocus considers Chongqing Iron & Steel Co to be Significantly Overvalued.

Key valuation signals for FRA:CGP:

  • Tax Rate %: -0.26%
  • GF Value™: €0.07 vs. price of €0.10 (39.3% above fair value)
  • GF Score™: 30/100 with 5 warning signs

No single metric tells the full story. See the FRA:CGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chongqing Iron & Steel Co Business Description

Address No. 2 Jiangnan Avenue, Jiangnan Street, Changshou District, Chongqing, CHN, 401258
Chongqing Iron & Steel Co Ltd operates in the ferrous metal smelting and rolling processing industry within the manufacturing sector, and is principally engaged in the production and sale of hot rolled sheets, medium plates, steel billets, steel by-products, coke, coal chemical products, water granulated slag, and other products. Its products are widely used in railways, airports, bridges, tunnels, ships, high-rise buildings, and other fields. Additionally, the company is engaged in the sale or supply of energy media and ore trading, both of which are closely related to the steel manufacturing business. Geographically, it derives revenue mainly from the Chinese mainland, through sales of steel products.
30GF Score

Get the complete analysis for FRA:CGP

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.10
Price
€0.07
GF Value