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Zhejiang Expressway Co (HKSE:00576) Tax Rate % : 18.84% (As of Jun. 2024)


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What is Zhejiang Expressway Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zhejiang Expressway Co's Tax Expense for the three months ended in Jun. 2024 was HK$398 Mil. Zhejiang Expressway Co's Pre-Tax Income for the three months ended in Jun. 2024 was HK$2,114 Mil. Therefore, Zhejiang Expressway Co's Tax Rate % for the quarter that ended in Jun. 2024 was 18.84%.


Zhejiang Expressway Co Tax Rate % Historical Data

The historical data trend for Zhejiang Expressway 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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Zhejiang Expressway Co Tax Rate % Chart

Zhejiang Expressway Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.44 25.59 22.95 14.15 15.66

Zhejiang Expressway Co Quarterly Data
Mar18 Jun18 Sep18 Dec18 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 20.17 18.84 18.07

Zhejiang Expressway Co Tax Rate % Calculation

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

Zhejiang Expressway 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 )
=1344.482/8587.846
=15.66 %

Zhejiang Expressway 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 )
=398.101/2113.569
=18.84 %

* 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.


Zhejiang Expressway Co Tax Rate % Related Terms

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Zhejiang Expressway Co Business Description

Traded in Other Exchanges
Address
199 Wuxing Road, 5th Floor, No. 2, Mingzhu International Business Center, Zhejiang Province, Hangzhou, CHN, 310020
Zhejiang Expressway Co Ltd is a Chinese infrastructure company which, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll road business, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of revenue domestically.
Executives
Jpmorgan Chase & Co. 2502 Approved lending agent
Blackrock, Inc. 2201 Interest of corporation controlled by you
Bank Of America Corporation 2201 Interest of corporation controlled by you
Bnp Paribas Sa 2201 Interest of corporation controlled by you
Citigroup Inc. 2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
Cohen & Steers, Inc 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Cohen & Steers Capital Management, Inc. 2102 Investment manager
Zhao Shang Ju Gong Lu Wang Luo Ke Ji Kong Gu Gu Fen You Xian Gong Si 2101 Beneficial owner

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