SHTDF (Sinopharm Group Co) Tax Rate % : 22.34% (As of Jun. 2024)

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What is Sinopharm Group Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sinopharm Group Co's Tax Expense for the six months ended in Jun. 2024 was $234 Mil. Sinopharm Group Co's Pre-Tax Income for the six months ended in Jun. 2024 was $1,047 Mil. Therefore, Sinopharm Group Co's Tax Rate % for the quarter that ended in Jun. 2024 was 22.34%.

Sinopharm Group Co Tax Rate % Historical Data

The historical data trend for Sinopharm Group 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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Sinopharm Group Co Tax Rate % Chart

Sinopharm Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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22.44

23.16

22.72

23.07

25.55

Sinopharm Group Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Tax Rate %	Get a 7-Day Free Trial															23.14	22.25	23.76	22.34	29.36

Sinopharm Group Co Tax Rate % Calculation

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

Sinopharm Group 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 )
	=	630.558	/	2732.716
	=	23.07 %

Sinopharm Group Co's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	233.955	/	1047.113
	=	22.34 %

Sinopharm Group Co Tax Rate % Related Terms

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Sinopharm Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sinopharm Group Co Ltd (OTCPK:SHTDF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SHTDY:USA 01099:Hong Kong X2S:Germany

Address

No. 385, East Longhua Road, Sinopharm Group Building, Huangpu District, Shanghai, CHN, 200023

Website

http://www.sinopharmgroup.com.cn

Founded in 2003, Sinopharm is the largest wholesaler and retailer of drugs and medical devices in China and listed on the Hong Kong Stock Exchange in 2009. It is a core subsidiary of China National Pharmaceutical Group. Sinopharm's largest operating segment is pharmaceutical distribution, making up over 70% of its total revenue by the end of 2023. In 2018, Sinopharm acquired the largest Chinese medical device distributor, China National Scientific Instruments and Materials. Now, medical device distribution accounts for over 20% of Sinopharm's total revenue. Sinopharm's downstream customers range from hospitals and other health services institutions to end-customers.

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