China Cinda Asset Management Co (HKSE:01359) Tax Rate % : 9.48% (As of Jun. 2024)

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What is China Cinda Asset Management Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Cinda Asset Management Co's Tax Expense for the six months ended in Jun. 2024 was HK$299 Mil. China Cinda Asset Management Co's Pre-Tax Income for the six months ended in Jun. 2024 was HK$3,159 Mil. Therefore, China Cinda Asset Management Co's Tax Rate % for the quarter that ended in Jun. 2024 was 9.48%.

China Cinda Asset Management Co Tax Rate % Historical Data

The historical data trend for China Cinda Asset Management 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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China Cinda Asset Management Co Tax Rate % Chart

China Cinda Asset Management Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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29.86

32.64

32.91

30.85

14.57

China Cinda Asset Management Co 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															29.18	34.29	15.50	12.83	9.48

China Cinda Asset Management Co Tax Rate % Calculation

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

China Cinda Asset Management 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 )
	=	1304.697	/	8954.014
	=	14.57 %

China Cinda Asset Management Co'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 )
	=	299.419	/	3159.442
	=	9.48 %

China Cinda Asset Management Co Tax Rate % Related Terms

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China Cinda Asset Management Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China Cinda Asset Management Co Ltd (HKSE:01359) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CCGDF:USA 0CI:Germany

Address

9 Naoshikou Street, No.1 Building, Xicheng District, Beijing, CHN, 100031

Website

https://www.cinda.com.cn

China Cinda Asset Management Co Ltd is an asset management firm with operations in mainland China and Hong Kong. Its parent company was founded with approval from the State Council, with the intent of instituting reforms of state-owned banks. Its principal business segments include primarily Distressed asset management and, secondarily, Financial Services. The company has a wide presence throughout the Chinese provinces and operates a few Tier 1 entities. The majority of company's income is derived from the distressed asset management business segment that comprises debt asset management conducted with respect to distressed assets, DES Assets management, other distressed asset management, and entrusted operation businesses.

Executives

Quan Guo She Hui Bao Zhang Ji Jin Li Shi Hui	2101 Beneficial owner
Dbs Group Holdings Ltd	2101 Beneficial owner

China Cinda Asset Management Co Headlines

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