Longfor Group Holdings (HKSE:00960) Tax Rate % : 23.61% (As of Jun. 2024)

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What is Longfor Group Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Longfor Group Holdings's Tax Expense for the six months ended in Jun. 2024 was HK$2,321 Mil. Longfor Group Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was HK$9,829 Mil. Therefore, Longfor Group Holdings's Tax Rate % for the quarter that ended in Jun. 2024 was 23.61%.

Longfor Group Holdings Tax Rate % Historical Data

The historical data trend for Longfor Group Holdings'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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Longfor Group Holdings Tax Rate % Chart

Longfor Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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42.23

37.80

33.26

28.37

30.72

Longfor Group Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															31.67	26.61	24.88	36.57	23.61

Longfor Group Holdings Tax Rate % Calculation

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

Longfor Group Holdings'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 )
	=	8309.167	/	27048.388
	=	30.72 %

Longfor Group Holdings'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 )
	=	2320.547	/	9829.425
	=	23.61 %

Longfor Group Holdings Tax Rate % Related Terms

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Longfor Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Longfor Group Holdings Ltd (HKSE:00960) » Definitions » Tax Rate %

Traded in Other Exchanges

LNGPF:USA LGFRY:USA RLF:Germany

Address

No. 8 Beiyuan Street, Building 6, Beijing Longfor Blue Engine Industrial Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.longfor.com

Longfor Group Holdings, or Longfor, is a non-state-owned real estate developer in China with contracted sales value placing it among the top 10 of all China's developers. The company focuses on developing high quality residential projects, as well as operating shopping malls and rental apartments in China's wealthier cities. Property development represents the majority of Longfor's revenue and gross profit, while income from commercial properties, property management and project management services have been growing fast. As at end-2023, Wu Yajun remained the largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.

Executives

Hsbc International Trustee Limited	2301 Trustee
Junson Development International Limited
Cai Kui	2307 Founder of a discretionary trust who can infl
Silverland Assets Limited
Charm Talent International Limited	2101 Beneficial owner
Cai Xinyi	2307 Founder of a discretionary trust who can infl
Wu Yajun	2501 Other
Jumbomax Investments Limited	2201 Interest of corporation controlled by you
Pao Pui Yung Bessie	2202 Interest of your spouse
Woo Kwong Ching Peter	2201 Interest of corporation controlled by you

Longfor Group Holdings Headlines

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