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Laopu Gold Co (HKSE:06181) Tax Expense : HK$ Mil (TTM As of Dec. 2023)


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What is Laopu Gold Co Tax Expense?

Laopu Gold Co's tax expense for the months ended in Dec. 2023 was HK$150 Mil.


Laopu Gold Co Tax Expense Historical Data

The historical data trend for Laopu Gold 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.

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Laopu Gold Co Tax Expense Chart

Laopu Gold Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Tax Expense
49.38 36.00 150.03 505.48

Laopu Gold Co Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Tax Expense 49.38 36.00 150.03 299.86

Laopu Gold 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.


Laopu Gold Co  (HKSE:06181) 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.


Laopu Gold Co Tax Expense Related Terms

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Laopu Gold Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Dong Chang’an Avenue, No. 3 West Building, Rooms 3-6, 6th floor, The Towers at Oriental Plaza, Dongcheng District, Beijing, CHN
Laopu Gold Co Ltd is a Chinese heritage gold jewelry brand. It design, manufacture and sell pure gold jewelry which combines ancient wisdom and modern fashions. Our gold jewelry products primarily comprise pure gold jewelry and gem-set jewelry (with diamonds or other gemstones inlaid in pure gold) The company operated 33 boutiques in reputable commercial centers in 14 cities across China.
Executives
Xu Dongbo
Xu Gaoming
Beijing Hongqiao Jinji Consulting Co., Ltd.
Chen Guodong
Huang River Investment Limited
Tencent Holdings Limited

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