Shanghai International Port (Group) Co (SHSE:600018) Tax Rate % : 15.77% (As of Mar. 2024)

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What is Shanghai International Port (Group) Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shanghai International Port (Group) Co's Tax Expense for the three months ended in Mar. 2024 was ¥745 Mil. Shanghai International Port (Group) Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥4,725 Mil. Therefore, Shanghai International Port (Group) Co's Tax Rate % for the quarter that ended in Mar. 2024 was 15.77%.

Shanghai International Port (Group) Co Tax Rate % Historical Data

The historical data trend for Shanghai International Port (Group) 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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Shanghai International Port (Group) Co Tax Rate % Chart

Shanghai International Port (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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16.05

13.15

13.81

11.00

13.78

Shanghai International Port (Group) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															13.34	11.74	13.89	18.13	15.77

Shanghai International Port (Group) Co Tax Rate % Calculation

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

Shanghai International Port (Group) 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 )
	=	2239.068	/	16246.856
	=	13.78 %

Shanghai International Port (Group) Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	745.24	/	4724.535
	=	15.77 %

Shanghai International Port (Group) Co Tax Rate % Related Terms

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Shanghai International Port (Group) Co (SHSE:600018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai International Port (Group) Co Ltd (SHSE:600018) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

358 East Daming Road, Shanghai, CHN, 200080

Website

http://www.portshanghai.com.cn

Shanghai International Port Group, or SIPG, is the world's largest container port in terms of throughput volume, and a major trans-shipment hub in China. It engages in handling port containers and bulk cargo along with other container-related services in the Yangtze River Delta. The gross profit in core port operation is approximately 72% in containers, 2% in bulk cargo, and 26% in port logistics and services. The Shanghai state-owned Asset Supervision and Administration Commission holds approximately a 44% stake in SIPG.

Executives

Wang Hai Jian	senior management
Ding Xiang Ming	senior management
Zhang Min	senior management
Yan Jun	Directors, senior managers
Fang Huai Jin	senior management
Yang Zhi Yong	senior management
Zhang Xin	senior management
Wang Lin Lin	senior management
Liu Gang	Supervisors
Yu Wei	senior management
Yang Hai Feng	Supervisors
Zhou Yuan Kang	Supervisors
Zhuang Xiao Qing	Director
Zhang You Lin	Supervisors

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