GreenTree Hospitality Group (STU:GT1A) Tax Rate % : 27.30% (As of Sep. 2024)

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What is GreenTree Hospitality Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GreenTree Hospitality Group's Tax Expense for the three months ended in Sep. 2024 was €3.1 Mil. GreenTree Hospitality Group's Pre-Tax Income for the three months ended in Sep. 2024 was €11.4 Mil. Therefore, GreenTree Hospitality Group's Tax Rate % for the quarter that ended in Sep. 2024 was 27.30%.

GreenTree Hospitality Group Tax Rate % Historical Data

The historical data trend for GreenTree Hospitality 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.

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GreenTree Hospitality Group Tax Rate % Chart

GreenTree Hospitality Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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30.28

31.18

57.44

8.74

31.14

GreenTree Hospitality Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															21.61	74.04	31.70	29.64	27.30

GreenTree Hospitality Group Tax Rate % Calculation

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

GreenTree Hospitality 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 )
	=	15.213	/	48.85
	=	31.14 %

GreenTree Hospitality Group'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 )
	=	3.098	/	11.35
	=	27.30 %

GreenTree Hospitality Group Tax Rate % Related Terms

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GreenTree Hospitality Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » GreenTree Hospitality Group Ltd (STU:GT1A) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GHG:USA

Address

1228 Zhongshan North Road, Putuo District, Shanghai, CHN, 200065

Website

https://www.998.com

GreenTree Hospitality Group Ltd is a franchised hotel operator in China as franchised and managed hotels represent almost all the hotels in its hotel network. The hotel network of the company comprised approximately 4,059 hotels with nearly 302,497 rooms in China, covering all centrally administrated municipalities and cities throughout all provinces and autonomous regions in China. The company operates its hotels under GreenTree Inns, GreenTree Eastern, Gme, Gya and VX, GreenTree Alliance, Vatica, and others. The company operates solely in China and generates all its revenue from China itself.

GreenTree Hospitality Group Headlines

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