GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Guangdong Zhongnan Iron & Steel Co Ltd (SZSE:000717) » Definitions » Tax Expense

Guangdong Zhongnan Iron & Steel Co (SZSE:000717) Tax Expense : ¥-134 Mil (TTM As of Jun. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Guangdong Zhongnan Iron & Steel Co Tax Expense?

Guangdong Zhongnan Iron & Steel Co's tax expense for the months ended in Jun. 2024 was ¥-43 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-134 Mil.


Guangdong Zhongnan Iron & Steel Co Tax Expense Historical Data

The historical data trend for Guangdong Zhongnan Iron & Steel 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.

Guangdong Zhongnan Iron & Steel Co Tax Expense Chart

Guangdong Zhongnan Iron & Steel Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.10 362.09 339.00 -239.20 -35.89

Guangdong Zhongnan Iron & Steel Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.36 1.16 -37.91 -54.28 -43.10

Guangdong Zhongnan Iron & Steel 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-134 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.


Guangdong Zhongnan Iron & Steel Co  (SZSE:000717) 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.


Guangdong Zhongnan Iron & Steel Co Tax Expense Related Terms

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


Guangdong Zhongnan Iron & Steel Co Business Description

Traded in Other Exchanges
N/A
Address
Shaogang Office Building, Qujiang District, Maba, Guangdong Province, Shaoguan, CHN, 512123
Guangdong Zhongnan Iron & Steel Co Ltd is engaged in the manufacturing, processing, and sales of steel and metallurgical products, metal products, coke, coal chemical products, technology development, transfer, introduction and consulting services.
Executives
Cai Jian Qun Supervisors
Deng Yong Supervisors
Wu Jian Ping Executives
Shou Yao Ming Executives
He Ping Chang Supervisors
He Shi Qiang Director
Lu Xue Yun Director
Wang San Wu Directors, executives
Chen Jian Ju Supervisors

Guangdong Zhongnan Iron & Steel Co Headlines

No Headlines