Zhejiang Expressway Co (Zhejiang Expressway Co) Tax Rate % : 15.35% (As of Dec. 2023)

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What is Zhejiang Expressway Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zhejiang Expressway Co's Tax Expense for the three months ended in Dec. 2023 was $37 Mil. Zhejiang Expressway Co's Pre-Tax Income for the three months ended in Dec. 2023 was $242 Mil. Therefore, Zhejiang Expressway Co's Tax Rate % for the quarter that ended in Dec. 2023 was 15.35%.

Zhejiang Expressway Co Tax Rate % Historical Data

The historical data trend for Zhejiang Expressway 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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Zhejiang Expressway Co Tax Rate % Chart

Zhejiang Expressway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.44

25.59

22.95

14.15

15.66

Zhejiang Expressway Co Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															7.00	-	15.96	15.35	20.17

Zhejiang Expressway Co Tax Rate % Calculation

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

Zhejiang Expressway 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 )
	=	172.153	/	1099.624
	=	15.66 %

Zhejiang Expressway Co's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	37.148	/	242.072
	=	15.35 %

Zhejiang Expressway Co Tax Rate % Related Terms

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Zhejiang Expressway Co (Zhejiang Expressway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Expressway Co Ltd (OTCPK:ZHEXY) » Definitions » Tax Rate %

Traded in Other Exchanges

ZHEXF:USA 00576:Hong Kong ZHJ:Germany

Address

199 Wuxing Road, 5th Floor, No. 2, Mingzhu International Business Center, Zhejiang Province, Hangzhou, CHN, 310020

Website

https://www.zjec.com.cn

Zhejiang Expressway Co Ltd is a Chinese infrastructure company which, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll road business, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next most significant segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of revenue domestically.

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