MTR (HKSE:00066) Tax Rate % : 20.24% (As of Dec. 2023)

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What is MTR Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MTR's Tax Expense for the six months ended in Dec. 2023 was HK$948 Mil. MTR's Pre-Tax Income for the six months ended in Dec. 2023 was HK$4,683 Mil. Therefore, MTR's Tax Rate % for the quarter that ended in Dec. 2023 was 20.24%.

MTR Tax Rate % Historical Data

The historical data trend for MTR'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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MTR Tax Rate % Chart

MTR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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13.71

-36.96

18.94

13.69

16.30

MTR Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															18.12	26.11	-2.62	12.59	20.24

MTR Tax Rate % Calculation

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

MTR'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 )
	=	1575	/	9663
	=	16.30 %

MTR's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	948	/	4683
	=	20.24 %

MTR Tax Rate % Related Terms

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MTR (HKSE:00066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MTR Corp Ltd (HKSE:00066) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MTCPY:USA MTRJF:USA MRI:Germany

Address

33 Wai Yip Street, MTR Headquarters Building, GPO Box 9916, Telford Plaza, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.mtr.com.hk

MTR constructs and operates Hong Kong's rail network, giving it a monopoly position. In addition to rail operation, the firm makes recurring income from commercial business within the stations. This includes rental of retail outlets and advertisement within the station and investment properties in shopping malls above stations. Residential real estate development forms part of MTR's return for the rail operation. Average operating profit, in a normalized environment, is approximately 20% in rail operation, 60% in station commercial and property leasing business, and 20% in property development. The Hong Kong government owns 75% of MTR.

MTR (HKSE:00066) Headlines

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