FSHYF (Shougang Fushan Resources Group) Tax Rate % : 29.51% (As of Jun. 2024)

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What is Shougang Fushan Resources Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shougang Fushan Resources Group's Tax Expense for the six months ended in Jun. 2024 was $52.7 Mil. Shougang Fushan Resources Group's Pre-Tax Income for the six months ended in Jun. 2024 was $178.5 Mil. Therefore, Shougang Fushan Resources Group's Tax Rate % for the quarter that ended in Jun. 2024 was 29.51%.

Shougang Fushan Resources Group Tax Rate % Historical Data

The historical data trend for Shougang Fushan Resources 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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Shougang Fushan Resources Group Tax Rate % Chart

Shougang Fushan Resources Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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26.38

25.93

28.49

28.52

28.15

Shougang Fushan Resources Group 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															26.88	28.38	28.78	29.51	26.47

Shougang Fushan Resources Group Tax Rate % Calculation

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

Shougang Fushan Resources Group'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 )
	=	117.542	/	412.164
	=	28.52 %

Shougang Fushan Resources Group'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 )
	=	52.667	/	178.473
	=	29.51 %

Shougang Fushan Resources Group Tax Rate % Related Terms

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Shougang Fushan Resources Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shougang Fushan Resources Group Ltd (OTCPK:FSHYF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

00639:Hong Kong FU7:Germany

Address

56 Gloucester Road, 6th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG

Website

http://www.shougang-resources.com.hk

Shougang Fushan Resources Group Ltd is engaged in coking coal mining, producing, and selling coking coal products in the PRC. It derives revenue from the sale of clean coking coal and raw coking coal. The group has operating coking coal mines and coal preparation plants. The group has a business presence in the PRC and Hong Kong.

Shougang Fushan Resources Group Headlines

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