China Merchants Land (HKSE:00978) Tax Rate % : -14.03% (As of Jun. 2024)

View and export this data going back to 1997. Start your Free Trial

What is China Merchants Land Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Merchants Land's Tax Expense for the six months ended in Jun. 2024 was HK$32 Mil. China Merchants Land's Pre-Tax Income for the six months ended in Jun. 2024 was HK$-228 Mil. Therefore, China Merchants Land's Tax Rate % for the quarter that ended in Jun. 2024 was -14.03%.

China Merchants Land Tax Rate % Historical Data

The historical data trend for China Merchants Land'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.

China Merchants Land Tax Rate % Chart

China Merchants Land Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

Get a 7-Day Free Trial

58.02

55.17

41.96

53.48

-44.98

China Merchants Land 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															29.94	46.91	62.18	-14.03	-51.83

China Merchants Land Tax Rate % Calculation

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

China Merchants Land'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 )
	=	1574.227	/	2943.436
	=	53.48 %

China Merchants Land'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 )
	=	31.92	/	-227.54
	=	-14.03 %

China Merchants Land Tax Rate % Related Terms

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

China Merchants Land Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Merchants Land Ltd (HKSE:00978) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Nos. 168-200 Connaught Road Central, Room 2603 to 2606, 26th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.cmland.hk

China Merchants Land Ltd is an investment holding company that along with its subsidiaries operates in two segments; The Properties segment, which generates a majority of the company's sales, is engaged in the development and sales of properties, and property leasing, and the Asset Management segment which represents its investment in office premises and shopping malls.

Executives

China Merchants Group Co., Ltd.	2201 Interest of corporation controlled by you
China Merchants Shekou Industrial Zone Holdings Company Limited	2201 Interest of corporation controlled by you

China Merchants Land Headlines

No Headlines