Bank of Communications Co (SHSE:601328) Tax Rate % : 6.43% (As of Sep. 2024)

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What is Bank of Communications Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank of Communications Co's Tax Expense for the three months ended in Sep. 2024 was ¥1,621 Mil. Bank of Communications Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥25,208 Mil. Therefore, Bank of Communications Co's Tax Rate % for the quarter that ended in Sep. 2024 was 6.43%.

Bank of Communications Co Tax Rate % Historical Data

The historical data trend for Bank of Communications 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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Bank of Communications Co Tax Rate % Chart

Bank of Communications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.49

7.93

5.34

6.28

6.47

Bank of Communications 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															3.36	9.71	7.66	-1.20	6.43

Bank of Communications Co Tax Rate % Calculation

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

Bank of Communications 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 )
	=	6446	/	99698
	=	6.47 %

Bank of Communications 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 )
	=	1621	/	25208
	=	6.43 %

Bank of Communications Co Tax Rate % Related Terms

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Bank of Communications Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Communications Co Ltd (SHSE:601328) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BKFCF:USA BCMXY:USA 03328:Hong Kong C4C:Germany

Address

No.188, Yin Cheng Zhong Lu, Pilot Free Trade Zone, Pudong New District, Shanghai, CHN, 200120

Website

https://www.bankcomm.com

Bank of Communications, or Bocom, is the only state-owned bank with headquarters in Shanghai. As one of China's four oldest banks, Bocom became China's first state-owned shareholding commercial bank in 1987. Today, Bocom is amid a strategic transformation, building itself into a global wealth-management bank with wide-ranging financial operations, including insurance, brokerage, trust, and asset management.

Executives

Ren De Qi	Director
Guan Xing She	Supervisors
Lin Zhi Hong	Supervisors
Po Ying	Supervisors
Lin Hua	senior management
Tu Hong	senior management
He Zhao Bin	senior management
Liu Jian Jun	senior management
Wang Wen Jin	senior management
Wang Feng	senior management
Du Ya Rong	Supervisors
Zhang Hui	senior management
Chen Shao Zong	Director
Xu Han	senior management
Fu Wan Jun	senior management

Bank of Communications Co Headlines

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