Air China (HKSE:00753) Tax Rate % : 1.34% (As of Sep. 2024)

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What is Air China Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Air China's Tax Expense for the three months ended in Sep. 2024 was HK$64 Mil. Air China's Pre-Tax Income for the three months ended in Sep. 2024 was HK$4,812 Mil. Therefore, Air China's Tax Rate % for the quarter that ended in Sep. 2024 was 1.34%.

Air China Tax Rate % Historical Data

The historical data trend for Air China'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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Air China Tax Rate % Chart

Air China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.35

14.36

13.77

1.53

5.49

Air China Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															1.35	-5.94	-3.93	-12.87	1.34

Air China Tax Rate % Calculation

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

Air China'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 )
	=	-99.74	/	-1816.118
	=	5.49 %

Air China's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	64.439	/	4811.508
	=	1.34 %

Air China Tax Rate % Related Terms

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Air China Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air China Ltd (HKSE:00753) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

AIRYY:USA AICAF:USA AD2:Germany 601111:China AD2:Austria

Address

12 Tung Fai Road, 5th Floor, CNAC House, Hong Kong International Airport, Hong Kong, HKG

Website

http://www.airchina.com.cn

Air China is based in Beijing. It is one of the largest state-owned airlines and the flag carrier in China. The group operated a fleet of 905 aircraft as of 2023 and carried more than 115 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs such as Beijing, Chengdu, and Shanghai.

Executives

Cathay Pacific Airways Limited	2101 Beneficial owner
John Swire & Sons Limited	2201 Interest of corporation controlled by you
Swire Pacific Limited	2201 Interest of corporation controlled by you
China National Aviation Corporation (group) Limited	2101 Beneficial owner
China National Aviation Holding Corporation Limited	2201 Interest of corporation controlled by you

Air China Headlines

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