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Ping An Bank Co (SZSE:000001) Tax Rate % : 19.40% (As of Mar. 2024)


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What is Ping An Bank Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ping An Bank Co's Tax Expense for the three months ended in Mar. 2024 was ¥3,593 Mil. Ping An Bank Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥18,525 Mil. Therefore, Ping An Bank Co's Tax Rate % for the quarter that ended in Mar. 2024 was 19.40%.

Ping An Bank Co Tax Rate % Historical Data

The historical data trend for Ping An Bank 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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Ping An Bank Co Tax Rate % Chart

Ping An Bank 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 22.20 21.29 20.80 20.50 19.51

Ping An Bank Co 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 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 20.50 20.50 16.48 21.83 19.40

Ping An Bank Co Tax Rate % Calculation

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

Ping An Bank 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 )
=11263/57718
=19.51 %

Ping An Bank Co'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 )
=3593/18525
=19.40 %

* 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.

Ping An Bank Co Tax Rate % Related Terms

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Ping An Bank Co (SZSE:000001) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ping An Bank Co Ltd (SZSE:000001) » Definitions » Tax Rate %
Comparable Companies
SHSE:600000 SHSE:601998 SHSE:601818 SZSE:002142 SHSE:600016 SHSE:600919 SHSE:601169 SHSE:600015 SHSE:601229 SHSE:601166 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
5047 East Shennan Road, Board Office of Ping On Bank, Guangdong, Shenzhen, CHN, 518001
Website
http://www.bank.pingan.com
Ping An Bank is a leading nationwide joint-stock commercial bank with headquarters in Shenzhen. Its parent, Ping An Group, the second-largest insurance company in China, owns about a 58% stake in Ping An Bank. The bank was formerly known as Shenzhen Development Bank and was merged with Ping An Bank in mid-2012. The bank offers a full range of commercial banking services, operating 91 branches and 1,058 outlets in China.

Ping An Bank Co (SZSE:000001) Headlines

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