Huaneng Renewables (HKSE:00958) Tax Rate % : 14.77% (As of Jun. 2019)

View and export this data going back to 2011. Start your Free Trial

What is Huaneng Renewables Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Huaneng Renewables's Tax Expense for the six months ended in Jun. 2019 was HK$619 Mil. Huaneng Renewables's Pre-Tax Income for the six months ended in Jun. 2019 was HK$4,194 Mil. Therefore, Huaneng Renewables's Tax Rate % for the quarter that ended in Jun. 2019 was 14.77%.

Huaneng Renewables Tax Rate % Historical Data

The historical data trend for Huaneng Renewables'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.

Huaneng Renewables Tax Rate % Chart

Huaneng Renewables Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Tax Rate %

Get a 7-Day Free Trial

6.95

6.93

10.16

15.34

Huaneng Renewables Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Tax Rate %	Get a 7-Day Free Trial														8.94	12.67	14.27	18.69	14.77

Huaneng Renewables Tax Rate % Calculation

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

Huaneng Renewables's Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2018 )	/	Pre-Tax Income (A: Dec. 2018 )
	=	643.759	/	4197.47
	=	15.34 %

Huaneng Renewables's Tax Rate % for the quarter that ended in Jun. 2019 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2019 )	/	Pre-Tax Income (Q: Jun. 2019 )
	=	619.321	/	4193.809
	=	14.77 %

Huaneng Renewables Tax Rate % Related Terms

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

Huaneng Renewables (HKSE:00958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huaneng Renewables Corp Ltd (HKSE:00958) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23A Fuxing Road, 10-11 Floor, Haidian District, Beijing, CHN

Website

http://www.hnr.com.cn

Huaneng Renewables Corp Ltd is a Chinese electric utility of which the China Huaneng Group, one of the largest state-owned electric utility companies in China, owns a majority stake. Huaneng Renewables invests in, constructs, acquires, and operates renewable energy projects throughout China. Primarily, these projects take the form of onshore and offshore wind farms in northern China and solar power generating facilities in central China. The company generates the vast majority of its revenue by selling electricity produced at its alternative energy projects. Most of the energy generated by the firm comes from its wind power plants, while its solar power plants also produce a substantial amount.

Huaneng Renewables (HKSE:00958) Headlines

No Headlines