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Shandong Iron & Steel Co (SHSE:600022) Tax Rate % : -0.12% (As of Mar. 2024)


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What is Shandong Iron & Steel Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shandong Iron & Steel Co's Tax Expense for the three months ended in Mar. 2024 was ¥1 Mil. Shandong Iron & Steel Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-788 Mil. Therefore, Shandong Iron & Steel Co's Tax Rate % for the quarter that ended in Mar. 2024 was -0.12%.

Shandong Iron & Steel Co Tax Rate % Historical Data

The historical data trend for Shandong Iron & Steel 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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Shandong Iron & Steel Co Tax Rate % Chart

Shandong Iron & Steel 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 9.78 19.85 26.58 5.99 28.11

Shandong Iron & Steel 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 -3.94 8.38 -324.11 68.79 -0.12

Shandong Iron & Steel Co Tax Rate % Calculation

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

Shandong Iron & Steel 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 )
=-27.604/-98.216
=28.11 %

Shandong Iron & Steel Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=0.935/-787.782
=-0.12 %

* 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.

Shandong Iron & Steel Co Tax Rate % Related Terms

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Shandong Iron & Steel Co (SHSE:600022) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shandong Iron & Steel Co Ltd (SHSE:600022) » Definitions » Tax Rate %
Comparable Companies
SHSE:601969 SZSE:000778 SZSE:000761 SHSE:600782 SZSE:001203 SHSE:600399 SHSE:600808 SHSE:601005 SHSE:600126 SHSE:600507 NUE BOM:500228 NSE:TATASTEEL XKRX:005490 SHSE:600019 STLD XAMS:MT TSE:5401 MIC:CHMF RS
Traded in Other Exchanges
N/A
Address
No. 21, Gongye North Road, Licheng District, Shandong Province, Jinan, CHN, 250101
Website
http://www.jigang.com.cn
Shandong Iron & Steel Co Ltd is a China-based company engaged in manufacturing and marketing steel materials. The company produces cold-formed steel, galvanized coil, composite board, hot rolled equal angle steel, hot-rolled channel steel and other products.

Shandong Iron & Steel Co (SHSE:600022) Headlines

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