GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tingyi (Cayman Islands) Holding Corp (OTCPK:TYCMY) » Definitions » Tax Rate %

TYCMY (Tingyi (Cayman Islands) Holding) Tax Rate % : 26.58% (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Tingyi (Cayman Islands) Holding Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tingyi (Cayman Islands) Holding's Tax Expense for the six months ended in Jun. 2024 was $112 Mil. Tingyi (Cayman Islands) Holding's Pre-Tax Income for the six months ended in Jun. 2024 was $420 Mil. Therefore, Tingyi (Cayman Islands) Holding's Tax Rate % for the quarter that ended in Jun. 2024 was 26.58%.

Tingyi (Cayman Islands) Holding Tax Rate % Historical Data

The historical data trend for Tingyi (Cayman Islands) Holding'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.

Tingyi (Cayman Islands) Holding Tax Rate % Chart

Tingyi (Cayman Islands) Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.98 24.53 25.86 26.42 28.67

Tingyi (Cayman Islands) Holding Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 26.52 26.42 26.42 26.58 30.79

Tingyi (Cayman Islands) Holding Tax Rate % Calculation

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

Tingyi (Cayman Islands) Holding'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 )
=176.857/669.374
=26.42 %

Tingyi (Cayman Islands) Holding'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 )
=111.532/419.617
=26.58 %

* 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.

Tingyi (Cayman Islands) Holding Tax Rate % Related Terms

Thank you for viewing the detailed overview of Tingyi (Cayman Islands) Holding's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tingyi (Cayman Islands) Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tingyi (Cayman Islands) Holding Corp (OTCPK:TYCMY) » Definitions » Tax Rate %
Comparable Companies
HKSE:02319 HKSE:06186 HKSE:00151 HKSE:00288 HKSE:09985 HKSE:00142 HKSE:01579 HKSE:02555 HKSE:00345 HKSE:01610 XSWX:NESN XPAR:BN KHC GIS SHSE:603288 K NSE:NESTLEIND SHSE:600887 SZSE:300999 MKC
Traded in Other Exchanges
TCYMF:USA 910322:Taiwan 00322:Hong Kong TYG:Germany
Address
No. 1688, Wuzhong Road, Building A, Minhang District, Shanghai, CHN, 201103
Website
https://www.masterkong.com.cn
Tingyi is a major producer of instant noodles and ready-to-drink beverages in China, with its Master Kong brand being the most popular. The company commenced its instant noodle business in the country in 1992 and expanded into beverages in 1996. In March 2012, Tingyi formed a strategic alliance with PepsiCo and became the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.

Tingyi (Cayman Islands) Holding Headlines

From GuruFocus

Tingyi (Cayman Islands) Holding Corp's Dividend Analysis

By GuruFocus Research • 06-12-2024

Matthews China Fund Third Quarter 2015 Commentary

By Holly LaFon Holly LaFon • 10-22-2015

Matthews China Comments on Tingyi

By Holly LaFon • 10-22-2015