Ping An Insurance (Group) Co. of China (SHSE:601318) Tax Rate % : 7.37% (As of Sep. 2024)

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What is Ping An Insurance (Group) Co. of China Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ping An Insurance (Group) Co. of China's Tax Expense for the three months ended in Sep. 2024 was ¥4,088 Mil. Ping An Insurance (Group) Co. of China's Pre-Tax Income for the three months ended in Sep. 2024 was ¥55,438 Mil. Therefore, Ping An Insurance (Group) Co. of China's Tax Rate % for the quarter that ended in Sep. 2024 was 7.37%.

Ping An Insurance (Group) Co. of China Tax Rate % Historical Data

The historical data trend for Ping An Insurance (Group) Co. of China'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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Ping An Insurance (Group) Co. of China Tax Rate % Chart

Ping An Insurance (Group) Co. of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.03

15.13

12.74

5.28

9.03

Ping An Insurance (Group) Co. of China 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															-4.96	-79.20	14.38	13.62	7.37

Ping An Insurance (Group) Co. of China Tax Rate % Calculation

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

Ping An Insurance (Group) Co. of China'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 )
	=	10843	/	120117
	=	9.03 %

Ping An Insurance (Group) Co. of China'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 )
	=	4088	/	55438
	=	7.37 %

Ping An Insurance (Group) Co. of China Tax Rate % Related Terms

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Ping An Insurance (Group) Co. of China Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ping An Insurance (Group) Co. of China Ltd (SHSE:601318) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PNGAY:USA PIAIF:USA 02318:Hong Kong PZX:Germany PZX:Austria

Address

No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, CHN, 518033

Website

https://www.pingan.cn

Founded in 1988, Ping An Insurance is an integrated financial service provider headquartered in Shenzhen. The company has a focus on the offerings of healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, other financial services, and technology. These business segments contributed 89%, 8%, 23%, -18%, and 2% of the company's operating profits, respectively, in 2023.

Executives

Yang Xiao Ping	Director
Gu Li Ji	Supervisors
Huang Bao Xin	senior management
Ma Ming Zhe	Director
Wang Zhi Liang	Supervisors
Chen Xin Ying	Director
Chen Ke Xiang	senior management
Zhang Wang Jin	Supervisors
Cai Fang Fang	Director
Hu Jian Feng	senior management
Zhang Xiao Lu	senior management
Xie Yong Lin	Director
Sun Jian Yi	Supervisors
Yao Bo	Directors, senior managers
Sheng Rui Sheng	senior management

Ping An Insurance (Group) Co. of China Headlines

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