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Sinopec Shandong Taishan Petroleum Co (SZSE:000554) Tax Rate % : 25.85% (As of Mar. 2024)


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What is Sinopec Shandong Taishan Petroleum Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sinopec Shandong Taishan Petroleum Co's Tax Expense for the three months ended in Mar. 2024 was ¥7 Mil. Sinopec Shandong Taishan Petroleum Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥25 Mil. Therefore, Sinopec Shandong Taishan Petroleum Co's Tax Rate % for the quarter that ended in Mar. 2024 was 25.85%.

Sinopec Shandong Taishan Petroleum Co Tax Rate % Historical Data

The historical data trend for Sinopec Shandong Taishan Petroleum 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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Sinopec Shandong Taishan Petroleum Co Tax Rate % Chart

Sinopec Shandong Taishan Petroleum 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 64.88 34.36 55.84 51.19 36.84

Sinopec Shandong Taishan Petroleum 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 23.28 54.66 30.07 37.35 25.85

Sinopec Shandong Taishan Petroleum Co Tax Rate % Calculation

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

Sinopec Shandong Taishan Petroleum 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 )
=20.571/55.846
=36.84 %

Sinopec Shandong Taishan Petroleum 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 )
=6.559/25.371
=25.85 %

* 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.

Sinopec Shandong Taishan Petroleum Co Tax Rate % Related Terms

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Sinopec Shandong Taishan Petroleum Co (SZSE:000554) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Shandong Taishan Petroleum Co Ltd (SZSE:000554) » Definitions » Tax Rate %
Comparable Companies
SZSE:000407 SZSE:000159 SZSE:300839 SHSE:603003 SZSE:002778 SHSE:600387 SHSE:603906 SZSE:000096 NSE:RELIANCE MPC PSX VLO NSE:IOC TPE:6505 XKAZ:KMGZ BOM:500547 OHEL:NESTE TSE:5020 IST:TUPRS DINO
Traded in Other Exchanges
N/A
Address
369 Dongyue Street, Shandong Province, Tai'an, CHN
Website
Sinopec Shandong Taishan Petroleum Co Ltd is a China-based company mainly engaged in the purchase and sale of refined oil, natural gas and diesel fuel.
Executives
Ren Jun Director
Sun Wei Executives
Wu Yan Ming Supervisors

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