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Ganglong China Property Group (HKSE:06968) Tax Rate % : 73.73% (As of Dec. 2023)


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What is Ganglong China Property Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ganglong China Property Group's Tax Expense for the six months ended in Dec. 2023 was HK$556 Mil. Ganglong China Property Group's Pre-Tax Income for the six months ended in Dec. 2023 was HK$753 Mil. Therefore, Ganglong China Property Group's Tax Rate % for the quarter that ended in Dec. 2023 was 73.73%.

Ganglong China Property Group Tax Rate % Historical Data

The historical data trend for Ganglong China Property Group'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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Ganglong China Property Group Tax Rate % Chart

Ganglong China Property Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 38.46 37.29 26.71 45.96 53.53

Ganglong China Property Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.43 35.15 66.03 37.30 73.73

Ganglong China Property Group Tax Rate % Calculation

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

Ganglong China Property Group'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 )
=905.314/1691.132
=53.53 %

Ganglong China Property Group'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 )
=555.525/753.466
=73.73 %

* 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.

Ganglong China Property Group Tax Rate % Related Terms

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Ganglong China Property Group (HKSE:06968) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ganglong China Property Group Ltd (HKSE:06968) » Definitions » Tax Rate %
Comparable Companies
HKSE:01172 HKSE:03639 HKSE:01218 HKSE:00832 HKSE:00075 HKSE:00983 HKSE:03616 HKSE:00185 HKSE:03366 HKSE:00298 HKSE:00016 HKSE:01109 HKSE:00688 HKSE:01113 TSE:1925 SHSE:600048 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979
Traded in Other Exchanges
52J:Germany
Address
No. 2177 Shenkun Road, No. 11 Building, Hongqiao International Exhibition Center, PortMix South District, Miuhang District, Shanghai, CHN
Website
https://www.glchina.group
Ganglong China Property Group Ltd is an investment holding company engaged in property development. It develops residential, retail, and commercial properties. The majority of its revenue comes from sales of properties in Changzhou city.
Executives
Huaxing Development Co., Ltd.
Hualian Development Co., Ltd.
Hualong Development Co., Ltd.
Chan Mei Kam
Lui Ming
Lui Wing Nam
Wong Sau Suet
Lui Chi Chung Jimmy
Lui Wing Mau
Wong Kwai Fa
Lui Jin Ling

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