GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tencent Holdings Ltd (OTCPK:TCEHY) » Definitions » Tax Rate %

TCEHY (Tencent Holdings) Tax Rate % : 14.15% (As of Sep. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Tencent Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tencent Holdings's Tax Expense for the three months ended in Sep. 2024 was $1,258 Mil. Tencent Holdings's Pre-Tax Income for the three months ended in Sep. 2024 was $8,887 Mil. Therefore, Tencent Holdings's Tax Rate % for the quarter that ended in Sep. 2024 was 14.15%.

Tencent Holdings Tax Rate % Historical Data

The historical data trend for Tencent Holdings'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.

* Premium members only.

Tencent Holdings Tax Rate % Chart

Tencent Holdings 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 12.35 11.05 8.16 10.23 26.83

Tencent Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 23.03 25.75 24.94 17.37 14.15

Tencent Holdings Tax Rate % Calculation

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

Tencent Holdings'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 )
=6060.895/22593.765
=26.83 %

Tencent Holdings'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 )
=1257.773/8886.8
=14.15 %

* 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.

Tencent Holdings Tax Rate % Related Terms

Thank you for viewing the detailed overview of Tencent Holdings's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tencent Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tencent Holdings Ltd (OTCPK:TCEHY) » Definitions » Tax Rate %
Comparable Companies
HKSE:01024 HKSE:00772 HKSE:09899 HKSE:01357 HKSE:01896 HKSE:03700 HKSE:02008 HKSE:01980 HKSE:00150 HKSE:00543 GOOGL META SPOT XAMS:PRX TSE:6098 DASH JSE:NPN BIDU RDDT ASX:REA
Traded in Other Exchanges
TCTZF:USA HTCD:Singapore TCEHY:Mexico 00700:Hong Kong 0LEA:UK 0Z4S:UK NNN:Germany NNND:Bulgaria NNND:Austria NNN1:Austria
Address
No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054
Website
http://www.tencent.com
Tencent holds a prominent position in China's internet sector, with a diverse portfolio of products and services used daily by a significant portion of the population. The company is the world's largest video game publisher and owns Honor of Kings, a top-grossing mobile game globally. Tencent also operates WeChat, China's largest social media super app, which has become deeply integrated into the daily lives of Chinese people for communication, entertainment, shopping, and more. Beyond its offerings, Tencent is a significant player in global venture capital and investment. The company holds substantial stakes in leading tech companies, including PDD, Kuaishou, and Epic Games.