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Hong Kong and China Gas Co (STU:HCG) Tax Rate % : 22.14% (As of Jun. 2024)


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What is Hong Kong and China Gas Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hong Kong and China Gas Co's Tax Expense for the six months ended in Jun. 2024 was €120 Mil. Hong Kong and China Gas Co's Pre-Tax Income for the six months ended in Jun. 2024 was €544 Mil. Therefore, Hong Kong and China Gas Co's Tax Rate % for the quarter that ended in Jun. 2024 was 22.14%.


Hong Kong and China Gas Co Tax Rate % Historical Data

The historical data trend for Hong Kong and China Gas 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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Hong Kong and China Gas Co Tax Rate % Chart

Hong Kong and China Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.01 19.19 25.71 22.72 21.83

Hong Kong and China Gas Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.92 25.73 24.05 18.22 22.14

Hong Kong and China Gas Co Tax Rate % Calculation

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

Hong Kong and China Gas 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 )
=235.197/1077.227
=21.83 %

Hong Kong and China Gas 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 )
=120.473/544.101
=22.14 %

* 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.


Hong Kong and China Gas Co Tax Rate % Related Terms

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Hong Kong and China Gas Co Business Description

Traded in Other Exchanges
Address
363 Java Road, 23rd Floor, North Point, Hong Kong, HKG
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. In the mainland, the company has a gas distribution business with 267 projects across 26 provinces. HKCG is also investing in water, upstream gas, and new energies. The business mix is approximately 90% gas utilities and 10% new energy. HKCG also holds a 15.8% stake in International Financial Center, a Grade A office building in the Hong Kong central business district.

Hong Kong and China Gas Co Headlines