Hang Lung Properties (HKSE:00101) Tax Rate % : 35.25% (As of Jun. 2024)

View and export this data going back to 1954. Start your Free Trial

What is Hang Lung Properties Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hang Lung Properties's Tax Expense for the six months ended in Jun. 2024 was HK$729 Mil. Hang Lung Properties's Pre-Tax Income for the six months ended in Jun. 2024 was HK$2,068 Mil. Therefore, Hang Lung Properties's Tax Rate % for the quarter that ended in Jun. 2024 was 35.25%.

Hang Lung Properties Tax Rate % Historical Data

The historical data trend for Hang Lung Properties'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.

* Premium members only.

Hang Lung Properties Tax Rate % Chart

Hang Lung Properties Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

Get a 7-Day Free Trial

-138.24

30.24

24.84

25.49

34.31

Hang Lung Properties 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															25.44	22.61	29.34	35.25	33.33

Hang Lung Properties Tax Rate % Calculation

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

Hang Lung Properties'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 )
	=	1572	/	6168
	=	25.49 %

Hang Lung Properties'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 )
	=	729	/	2068
	=	35.25 %

Hang Lung Properties Tax Rate % Related Terms

Thank you for viewing the detailed overview of Hang Lung Properties's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hang Lung Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Properties Ltd (HKSE:00101) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

HLPPY:USA HLPPF:USA AOP:Germany

Address

4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG

Website

https://www.hanglung.com

Hung Lung Properties primarily operates in Mainland China and Hong Kong where it develops and invests in a portfolio of commercial properties for rental income, as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming, Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China's overall retail growth. The company is 64% owned by Hang Lung Group.

Executives

Chan Adriel Wenbwo	2101 Beneficial owner
Cole Enterprises Holdings (ptc) Limited
Merssion Limited
Chan Tan Ching Fen
Hang Lung Group Limited
Curicao Company Limited	2101 Beneficial owner

Hang Lung Properties Headlines

No Headlines