Towngas Smart Energy Co (FRA:PGJ) Tax Rate % : 23.20% (As of Jun. 2024)

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What is Towngas Smart Energy Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Towngas Smart Energy Co's Tax Expense for the six months ended in Jun. 2024 was €30 Mil. Towngas Smart Energy Co's Pre-Tax Income for the six months ended in Jun. 2024 was €131 Mil. Therefore, Towngas Smart Energy Co's Tax Rate % for the quarter that ended in Jun. 2024 was 23.20%.

Towngas Smart Energy Co Tax Rate % Historical Data

The historical data trend for Towngas Smart Energy 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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Towngas Smart Energy Co Tax Rate % Chart

Towngas Smart Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.90

25.19

28.80

24.16

17.53

Towngas Smart Energy Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															19.20	76.97	16.51	19.62	23.20

Towngas Smart Energy Co Tax Rate % Calculation

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

Towngas Smart Energy 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 )
	=	45.218	/	257.898
	=	17.53 %

Towngas Smart Energy Co'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 )
	=	30.413	/	131.067
	=	23.20 %

Towngas Smart Energy Co Tax Rate % Related Terms

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Towngas Smart Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Towngas Smart Energy Co Ltd (FRA:PGJ) » Definitions » Tax Rate %

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Traded in Other Exchanges

01083:Hong Kong PGJ:Germany

Address

363 Java Road, North Point, 23rd Floor, Hong Kong, HKG

Website

https://www.towngaschina.com

Towngas Smart Energy Co Ltd is an investment holding company engaged in the sales of piped gas and other types of energy, the construction of gas pipelines, the sale of gas appliances and related products, and other value-added services in the People's Republic of China. It has four operating segments; Sales of piped gas and energy including Sales of piped gas (mainly natural gas) and other types of energy, Gas connection include Construction of gas pipeline networks under gas connection contracts, Renewable energy business includes Sales of renewable energy (mainly photovoltaic power) and other related energy and services and Extended business including Sales of gas-related household appliances and related products, and other related value-added services.