Glory Health Industry (HKSE:02329) Tax Rate % : 48.51% (As of Jun. 2024)

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What is Glory Health Industry Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Glory Health Industry's Tax Expense for the six months ended in Jun. 2024 was HK$-65 Mil. Glory Health Industry's Pre-Tax Income for the six months ended in Jun. 2024 was HK$-135 Mil. Therefore, Glory Health Industry's Tax Rate % for the quarter that ended in Jun. 2024 was 48.51%.

Glory Health Industry Tax Rate % Historical Data

The historical data trend for Glory Health Industry'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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Glory Health Industry Tax Rate % Chart

Glory Health Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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40.40

74.14

60.71

8.72

12.54

Glory Health Industry 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															9.00	7.70	5.42	17.71	48.51

Glory Health Industry Tax Rate % Calculation

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

Glory Health Industry'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 )
	=	-93.099	/	-742.26
	=	12.54 %

Glory Health Industry'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 )
	=	-65.367	/	-134.743
	=	48.51 %

Glory Health Industry Tax Rate % Related Terms

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Glory Health Industry Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Glory Health Industry Ltd (HKSE:02329) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

No. 8 Yard, Chongwenmenwai Street, Building 1, East Block, Hademen Plaza, Dongcheng District, Beijing, CHN, 100062

Website

http://www.glorypty.com

Glory Health Industry Ltd formerly Guorui Properties Ltd is an investment holding company. The company's operating segments are Property development that develops and sells commercial and residential properties; primary land construction and development services that derive revenue from primary land development, including services for resettlement, construction of land infrastructure, and ancillary public facilities on land owned by the local governments; Property investment that derives rental income from investment properties developed by the group; and Property management that derive income from property management and related services. The majority of the revenue is derived from the Property development segment. All the revenue of the company is derived from the PRC.

Executives

Alltogether Land Company Limited	2101 Beneficial owner
Ruan Wenjuan	2202 Interest of your spouse
Zhang Zhangsun	2201 Interest of corporation controlled by you

Glory Health Industry Headlines

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