China Railway Group (SHSE:601390) Tax Rate % : 18.60% (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is China Railway Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Railway Group's Tax Expense for the three months ended in Mar. 2024 was ¥1,834 Mil. China Railway Group's Pre-Tax Income for the three months ended in Mar. 2024 was ¥9,861 Mil. Therefore, China Railway Group's Tax Rate % for the quarter that ended in Mar. 2024 was 18.60%.

China Railway Group Tax Rate % Historical Data

The historical data trend for China Railway Group'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.

China Railway Group Tax Rate % Chart

China Railway Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

19.00

18.37

18.93

17.89

18.31

China Railway Group 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															17.70	18.19	17.41	19.49	18.60

China Railway Group Tax Rate % Calculation

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

China Railway Group'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 )
	=	8433.453	/	46069.901
	=	18.31 %

China Railway Group'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 )
	=	1834.205	/	9861.266
	=	18.60 %

China Railway Group Tax Rate % Related Terms

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

China Railway Group (SHSE:601390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Railway Group Ltd (SHSE:601390) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CRWOF:USA 00390:Hong Kong CNO:Germany

Address

49 Hoi Yuen Road, Unit 1201-1203, 12th Floor, APEC Plaza, Kowloon, Hong Kong, HKG

Website

http://www.crec.cn

China Railway Group Ltd is a construction conglomerate company. The company's operating segment includes Infrastructure construction; Survey, design and consulting services; Engineering equipment and component manufacturing; Property development, and Other businesses. It generates maximum revenue from the Infrastructure construction segment. The Infrastructure construction segment includes the construction of railways, highways, bridges, tunnels, metropolitan railways (including subways and light railways), buildings, irrigation works, hydroelectricity projects, ports, docks, airports, and other municipal works.

China Railway Group (SHSE:601390) Headlines

No Headlines