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COSCO SHIPPING Energy Transportation Co (HKSE:01138) Tax Rate % : -64.22% (As of Dec. 2023)


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What is COSCO SHIPPING Energy Transportation Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. COSCO SHIPPING Energy Transportation Co's Tax Expense for the three months ended in Dec. 2023 was HK$150 Mil. COSCO SHIPPING Energy Transportation Co's Pre-Tax Income for the three months ended in Dec. 2023 was HK$-233 Mil. Therefore, COSCO SHIPPING Energy Transportation Co's Tax Rate % for the quarter that ended in Dec. 2023 was -64.22%.


COSCO SHIPPING Energy Transportation Co Tax Rate % Historical Data

The historical data trend for COSCO SHIPPING Energy Transportation 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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COSCO SHIPPING Energy Transportation Co Tax Rate % Chart

COSCO SHIPPING Energy Transportation 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 32.97 9.39 -3.09 35.05 22.83

COSCO SHIPPING Energy Transportation Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 23.37 21.34 8.30 -64.22 14.68

COSCO SHIPPING Energy Transportation Co Tax Rate % Calculation

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

COSCO SHIPPING Energy Transportation 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 )
=1183.857/5184.726
=22.83 %

COSCO SHIPPING Energy Transportation Co's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=149.825/-233.311
=-64.22 %

* 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.


COSCO SHIPPING Energy Transportation Co Tax Rate % Related Terms

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COSCO SHIPPING Energy Transportation Co (HKSE:01138) Business Description

Traded in Other Exchanges
Address
No.670 Dongdaming Road, 7th Floor, Hongkou District, Shanghai, CHN, 200080
COSCO SHIPPING Energy Transportation Co Ltd engages in the shipping business. The firm's business covers oil shipping, which includes vessel chartering. The company operates through the following segments: Oil shipment, LNG and Others. The majority of the firm's revenue gets dominated by the Oil shipment segment.

COSCO SHIPPING Energy Transportation Co (HKSE:01138) Headlines

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