Industrial Bank Co (SHSE:601166) Tax Rate % : 10.90% (As of Sep. 2024)

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What is Industrial Bank Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Industrial Bank Co's Tax Expense for the three months ended in Sep. 2024 was ¥2,438 Mil. Industrial Bank Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥22,377 Mil. Therefore, Industrial Bank Co's Tax Rate % for the quarter that ended in Sep. 2024 was 10.90%.

Industrial Bank Co Tax Rate % Historical Data

The historical data trend for Industrial Bank 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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Industrial Bank Co Tax Rate % Chart

Industrial Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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10.47

11.69

12.06

13.00

7.92

Industrial Bank Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															7.38	-9.72	11.78	12.47	10.90

Industrial Bank Co Tax Rate % Calculation

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

Industrial Bank 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 )
	=	6675	/	84329
	=	7.92 %

Industrial Bank Co's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	2438	/	22377
	=	10.90 %

Industrial Bank Co Tax Rate % Related Terms

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Industrial Bank Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial Bank Co Ltd (SHSE:601166) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

No. 398 Jiangbin Middle Avenue, Industrial Bank Building, Taijiang District, Fujian Province, Fuzhou, CHN, 350014

Website

https://www.cib.com.cn

Industrial Bank was founded in 1988 and started as a regional bank in Fujian province. It has grown to become the second-largest joint-stock bank in China with more than CNY 10 trillion in assets as of December 2023. The bank offers a full range of commercial banking services. Its specialty is bank-bank cooperation. It also operates a proprietary "Yinyin platform" that offers complete financial service solutions to other financial institutions such as payments and settlements, wealth management, and technology output services.

Executives

Bao Luo Xi Er	Director
Lai Fu Rong	Supervisors
Li Wei Min	Directors, senior managers
Chen Jin Guang	Directors, senior managers
Jiang Yun Ming	Supervisors
Tao Yi Ping	Directors, senior managers
Lin Hua	Director
Sun Xiong Peng	senior management
Chen Xin Jian	Directors, senior managers
Lin Teng Jiao	Director
Xia Da Wei	Supervisors
Xue He Feng	senior management
Li Jian	Supervisors
Lin Zhang Yi	senior management

Industrial Bank Co Headlines

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