Tingyi (Cayman Islands) Holding (HKSE:00322) Tax Rate % : 26.42% (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Tingyi (Cayman Islands) Holding Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tingyi (Cayman Islands) Holding's Tax Expense for the six months ended in Dec. 2023 was HK$626 Mil. Tingyi (Cayman Islands) Holding's Pre-Tax Income for the six months ended in Dec. 2023 was HK$2,369 Mil. Therefore, Tingyi (Cayman Islands) Holding's Tax Rate % for the quarter that ended in Dec. 2023 was 26.42%.

Tingyi (Cayman Islands) Holding Tax Rate % Historical Data

The historical data trend for Tingyi (Cayman Islands) Holding'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.

* Premium members only.

Tingyi (Cayman Islands) Holding Tax Rate % Chart

Tingyi (Cayman Islands) Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

31.29

29.98

24.53

25.86

26.42

Tingyi (Cayman Islands) Holding 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															23.77	25.16	26.52	26.42	26.42

Tingyi (Cayman Islands) Holding Tax Rate % Calculation

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

Tingyi (Cayman Islands) Holding'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 )
	=	1381.217	/	5227.674
	=	26.42 %

Tingyi (Cayman Islands) Holding'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 )
	=	625.966	/	2369.218
	=	26.42 %

Tingyi (Cayman Islands) Holding Tax Rate % Related Terms

Thank you for viewing the detailed overview of Tingyi (Cayman Islands) Holding's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tingyi (Cayman Islands) Holding (HKSE:00322) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tingyi (Cayman Islands) Holding Corp (HKSE:00322) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TYCMY:USA TCYMF:USA 910322:Taiwan TYG:Germany

Address

No. 1688, Wuzhong Road, Building A, Minhang District, Shanghai, CHN, 201103

Website

https://www.masterkong.com.cn

Tingyi is a leading producer of instant noodles and RTD beverages in China, with its Master Kong brand being the most widely known. The company commenced its instant noodle business in the country in 1992 and expanded into beverages in 1996. In March 2012, Tingyi formed a strategic alliance with PepsiCo and became the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.

Executives

Wei Ing Chou	2101 Beneficial owner
Lion Trust (singapore) Limited	2301 Trustee

Tingyi (Cayman Islands) Holding (HKSE:00322) Headlines

No Headlines