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Daqin Railway Co (SHSE:601006) Tax Rate % : 23.87% (As of Mar. 2024)


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What is Daqin Railway Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Daqin Railway Co's Tax Expense for the three months ended in Mar. 2024 was ¥1,067 Mil. Daqin Railway Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥4,470 Mil. Therefore, Daqin Railway Co's Tax Rate % for the quarter that ended in Mar. 2024 was 23.87%.

Daqin Railway Co Tax Rate % Historical Data

The historical data trend for Daqin Railway 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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Daqin Railway Co Tax Rate % Chart

Daqin Railway Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.35 21.70 23.92 23.49 23.51

Daqin Railway 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 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 23.55 24.52 21.33 27.00 23.87

Daqin Railway Co Tax Rate % Calculation

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

Daqin Railway 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 )
=4168.377/17726.905
=23.51 %

Daqin Railway 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 )
=1066.758/4469.683
=23.87 %

* 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.

Daqin Railway Co Tax Rate % Related Terms

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Daqin Railway Co (SHSE:601006) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Daqin Railway Co Ltd (SHSE:601006) » Definitions » Tax Rate %
Comparable Companies
SHSE:601333 SZSE:001213 SZSE:000927 SHSE:600125 SZSE:000557 SHSE:603111 SHSE:600368 SHSE:603680 SZSE:300587 SHSE:603069 UNP TSX:CNR TSX:CP CSX NSC SHSE:601816 WAB HKSE:01766 TSE:9022 HKSE:00066
Traded in Other Exchanges
N/A
Address
No. 14 Zhanbei Street, Shanxi, Datong, CHN, 037005
Website
http://www.daqintielu.com
Daqin Railway is a state-owned rail-transport operator in China. The company's core asset, Daqin Line, and its 41%-owned Shuohuang Line, are China's busiest east-west coal railways. Their combined volume accounts for about one quarter of China's railway coal volume. Coal rail-transport contributes the bulk of Daqin's operating profit. Daqin also hauls other bulk and non-bulk freight and provides passenger rail service.
Executives
Yang Hong Ming Director

Daqin Railway Co (SHSE:601006) Headlines

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