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Shengli Oil & Gas Pipe Holdings (FRA:GSG) Tax Rate % : -0.10% (As of Jun. 2024)


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What is Shengli Oil & Gas Pipe Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shengli Oil & Gas Pipe Holdings's Tax Expense for the six months ended in Jun. 2024 was €0.00 Mil. Shengli Oil & Gas Pipe Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was €-3.08 Mil. Therefore, Shengli Oil & Gas Pipe Holdings's Tax Rate % for the quarter that ended in Jun. 2024 was -0.10%.

Shengli Oil & Gas Pipe Holdings Tax Rate % Historical Data

The historical data trend for Shengli Oil & Gas Pipe Holdings'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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Shengli Oil & Gas Pipe Holdings Tax Rate % Chart

Shengli Oil & Gas Pipe Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 -1.32 -0.64 13.22 -0.12

Shengli Oil & Gas Pipe Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.14 -0.04 26.84 -0.10 -0.20

Shengli Oil & Gas Pipe Holdings Tax Rate % Calculation

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

Shengli Oil & Gas Pipe Holdings'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 )
=-1.942/-14.686
=13.22 %

Shengli Oil & Gas Pipe Holdings's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.003/-3.084
=-0.10 %

* 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.

Shengli Oil & Gas Pipe Holdings Tax Rate % Related Terms

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Shengli Oil & Gas Pipe Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shengli Oil & Gas Pipe Holdings Ltd (FRA:GSG) » Definitions » Tax Rate %
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HKSE:02178 HKSE:01156 HKSE:00353 SLB BKR HAL MIL:TEN FTI SHSE:601808 XPAR:TE XPAR:GTT NOV CHX SHSE:600968 SGX:5E2 SZSE:002353 ASX:WOR OSL:SUBC AROC MIL:SPM
Traded in Other Exchanges
01080:Hong Kong
Address
Zhongbu Town, Zhangdian District, Shandong Province, Zibo, CHN, 255082
Website
http://www.slogp.com
Shengli Oil & Gas Pipe Holdings Ltd is an oil and gas pipe manufacturer in China. It focuses on the design, manufacturing, value-added processing, and servicing of submerged-arc helical welded pipes (SAWH pipes) and submerged-arc longitudinal welded pipes (SAWL pipes), that are used to transport crude oil, refined petroleum products, natural gas, and other related products. It operates two reportable segments which comprise the pipes business and trading business. The majority of the revenue is derived from the pipes business segment that involves the production of submerged-arc helical welded pipes and submerged-arc longitudinal welded pipes which are mainly used for the oil and infrastructure industry. Geographically it derives revenue from Mainland China.