GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Haitong Securities Co Ltd (SHSE:600837) » Definitions » Tax Rate %

Haitong Securities Co (SHSE:600837) Tax Rate % : 26.30% (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Haitong Securities Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Haitong Securities Co's Tax Expense for the three months ended in Mar. 2024 was ¥373 Mil. Haitong Securities Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥1,418 Mil. Therefore, Haitong Securities Co's Tax Rate % for the quarter that ended in Mar. 2024 was 26.30%.


Haitong Securities Co Tax Rate % Historical Data

The historical data trend for Haitong Securities 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.

* Premium members only.

Haitong Securities Co Tax Rate % Chart

Haitong Securities 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 24.01 23.61 25.86 35.04 119.86

Haitong Securities 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 21.71 31.51 40.67 -3.12 26.30

Haitong Securities Co Tax Rate % Calculation

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

Haitong Securities 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 )
=1876.918/1565.875
=119.86 %

Haitong Securities 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 )
=373.079/1418.427
=26.30 %

* 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.


Haitong Securities Co Tax Rate % Related Terms

Thank you for viewing the detailed overview of Haitong Securities Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Haitong Securities Co (SHSE:600837) Business Description

Traded in Other Exchanges
Address
No. 689 Guangdong Road, Haitong Securities Building, Shanghai, CHN, 200001
Haitong Securities Co Ltd is engaged in the securities and futures brokerage business, which trades securities and futures for customers such as individuals, enterprises, and financial institutions; investment banking businesses. It operates in Wealth Management; Investment Banking; Asset Management; Trading and Institution; Finance Lease; and other segments. The Wealth Management Segment derives the majority of revenue and engages in the provision of a full range of financial services and investment solutions to retail and high-net-worth clients. Services provided include brokering and dealing in securities and futures, investment consulting, wealth management as well as financial services such as margin financing, security lending, and stock pledge.

Haitong Securities Co (SHSE:600837) Headlines

No Headlines