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Ruichang International Holdings (HKSE:01334) Tax Expense : HK$ Mil (TTM As of Dec. 2023)


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What is Ruichang International Holdings Tax Expense?

Ruichang International Holdings's tax expense for the months ended in Dec. 2023 was HK$13.4 Mil.


Ruichang International Holdings Tax Expense Historical Data

The historical data trend for Ruichang International Holdings's Tax Expense 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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Ruichang International Holdings Tax Expense Chart

Ruichang International Holdings Annual Data
Trend Dec21 Dec22 Dec23
Tax Expense
5.38 8.45 13.42

Ruichang International Holdings Semi-Annual Data
Dec21 Dec22 Dec23
Tax Expense 5.38 8.45 13.42

Ruichang International Holdings Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.


Ruichang International Holdings  (HKSE:01334) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Ruichang International Holdings Tax Expense Related Terms

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Ruichang International Holdings Business Description

Traded in Other Exchanges
N/A
Address
Qinzhou North Road, Room 201, 2nd Floor, No.1001, Xuhui District, Shanghai, CHN
Ruichang International Holdings Ltd is a petroleum refinery and petrochemical equipment manufacturer. Its products are divided into four product categories, namely (i) SRU and VOCs incineration equipment; (ii) catalytic cracking equipment; (iii) process burners; and (iv) heat exchangers. The group also provides installation services for the equipment manufactured and ancillary facilities such as electrical erection work and mechanical erection work.
Executives
Huang Shan Jian Tou Si Mu Ji Jin Guan Li You Xian Gong Si 2101 Beneficial owner
Bai Wei 2202 Interest of your spouse
Lu Bo 2501 Other
Lu Xiaojing 2501 Other
Shao Song 2202 Interest of your spouse
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