MIE Holdings (HKSE:01555) Tax Rate % : -37.29% (As of Jun. 2024)

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What is MIE Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MIE Holdings's Tax Expense for the six months ended in Jun. 2024 was HK$32 Mil. MIE Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was HK$-86 Mil. Therefore, MIE Holdings's Tax Rate % for the quarter that ended in Jun. 2024 was -37.29%.

MIE Holdings Tax Rate % Historical Data

The historical data trend for MIE 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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MIE Holdings Tax Rate % Chart

MIE Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-4.47

-3.25

-41.91

5.10

-113.72

MIE 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															2.76	-290.50	-184.16	-85.11	-37.29

MIE Holdings Tax Rate % Calculation

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

MIE 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 )
	=	91.683	/	-80.62
	=	-113.72 %

MIE 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 )
	=	32.191	/	-86.326
	=	-37.29 %

MIE Holdings Tax Rate % Related Terms

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MIE Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MIE Holdings Corp (HKSE:01555) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Star East Road, North Star Times Tower No.8, Room 1301-1303, Chaoyang, Beijing, CHN, 100101

Website

http://www.mienergy.com.cn

MIE Holdings Corp is an investment holding company. It is principally engaged in the exploration, development, production, and sale of crude oil in the People's Republic of China. There is only one segment which is principally engaged in the exploration, development, production, and sale of oil under PSCs in the PRC. It has the following oil and gas properties: two producing production oil sharing contracts in northeast China; participating interests in an exploration contract and six production contracts in Kazakhstan held by Emir-Oil. The majority of the company's revenue comes from China.

Executives

Ohc Opportunity Investment Limited	2201 Interest of corporation controlled by you
Soochow Securities (international) Financial Holdings Limited	2201 Interest of corporation controlled by you
Billion Capital Shine Inc.	2201 Interest of corporation controlled by you
China Orient Asset Management (international) Holding Limited	2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Dong Yin Development (holdings) Limited	2201 Interest of corporation controlled by you
Wise Leader Assets Ltd.	2201 Interest of corporation controlled by you
Orient Energy Opportunity Investment Limited Partnership Fund	2106 Person having a security interest in shares
Excel Link Capital Inc.	2201 Interest of corporation controlled by you
Far East Energy Limited	2401 A concert party to an agreement to buy shares
Zhao Jiangbo	2401 A concert party to an agreement to buy shares
Zhang Ruilin	2401 A concert party to an agreement to buy shares
Zhao Jiangwei	2101 Beneficial owner
Celestial Energy Limited
Ho Chi Sing

MIE Holdings Headlines

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