GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Qingdao Co Ltd (HKSE:03866) » Definitions » Tax Expense

Bank of Qingdao Co (HKSE:03866) Tax Expense : HK$641 Mil (TTM As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Bank of Qingdao Co Tax Expense?

Bank of Qingdao Co's tax expense for the months ended in Dec. 2024 was HK$-52 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$641 Mil.


Bank of Qingdao Co Tax Expense Historical Data

The historical data trend for Bank of Qingdao Co'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.

* Premium members only.

Bank of Qingdao Co Tax Expense Chart

Bank of Qingdao Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 325.99 284.32 -35.25 286.55 630.36

Bank of Qingdao Co Quarterly Data
Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Expense 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 -159.20 203.74 359.89 129.06 -51.96

Bank of Qingdao Co 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.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$641 Mil.

* 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.


Bank of Qingdao Co  (HKSE:03866) 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.


Bank of Qingdao Co Tax Expense Related Terms

Thank you for viewing the detailed overview of Bank of Qingdao Co's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of Qingdao Co Business Description

Traded in Other Exchanges
Address
No. 6 Qinling Road, Building 3, Laoshan District, Shandong Province, Qingdao, CHN, 266061
Bank of Qingdao Co Ltd is engaged in the banking business. Its main segments include corporate banking, retail banking, and financial market business. The corporate banking segment offers financial products and services to corporations, government agencies, and financial institutions. The retail banking segments comprise personal loans and deposit services, whereas the financial market business covers inter-bank money market transactions, repurchases transactions, investments in debt securities, and non-standardized debt investments, and others. It generates majority of its revenue from the corporate business segment.
Executives
Ji Nan Bin He Xin Qu Jian She Tou Zi Ji Tuan You Xian Gong Si 2101 Beneficial owner
Nan Fang Ji Jin Guan Li Gu Fen You Xian Gong Si 2102 Investment manager
World Media And Entertainment Universal Inc. 2201 Interest of corporation controlled by you
Amtd Idea Group 2201 Interest of corporation controlled by you
Amtd Group Inc. 2201 Interest of corporation controlled by you
Amtd Digital Inc. 2201 Interest of corporation controlled by you
Qing Dao Guo Xin Jin Rong Kong Gu You Xian Gong Si 2101 Beneficial owner
Guo Xin Zheng Quan Gu Fen You Xian Gong Si Dai Guo Xin Zheng Quan Hui Cheng Hao Dan Yi Zi Chan Guan
Ji Nan Xian Xing Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2101 Beneficial owner
Deutsche Bank Aktiengesellschaft 2106 Person having a security interest in shares
Dbs Group Holdings Ltd 2101 Beneficial owner
Citic Securities Company Limited 2201 Interest of corporation controlled by you
Haitian (hk) Holdings Limited 2101 Beneficial owner
Intesa Sanpaolo Spa 2101 Beneficial owner
Ariana Capital Investment Limited 2101 Beneficial owner

Bank of Qingdao Co Headlines

No Headlines