GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hongcheng Environmental Technology Co Ltd (HKSE:02265) » Definitions » Tax Rate %

Hongcheng Environmental Technology Co (HKSE:02265) Tax Rate % : 7.41% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Hongcheng Environmental Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hongcheng Environmental Technology Co's Tax Expense for the six months ended in Dec. 2023 was HK$0.6 Mil. Hongcheng Environmental Technology Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$8.2 Mil. Therefore, Hongcheng Environmental Technology Co's Tax Rate % for the quarter that ended in Dec. 2023 was 7.41%.

Hongcheng Environmental Technology Co Tax Rate % Historical Data

The historical data trend for Hongcheng Environmental Technology 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.

* Premium members only.

Hongcheng Environmental Technology Co Tax Rate % Chart

Hongcheng Environmental Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 23.55 24.48 26.92 22.69 17.28

Hongcheng Environmental Technology Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only 28.00 23.28 21.93 22.72 7.41

Hongcheng Environmental Technology Co Tax Rate % Calculation

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

Hongcheng Environmental Technology 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 )
=3.996/23.129
=17.28 %

Hongcheng Environmental Technology Co'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 )
=0.61/8.232
=7.41 %

* 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.

Hongcheng Environmental Technology Co Tax Rate % Related Terms

Thank you for viewing the detailed overview of Hongcheng Environmental Technology Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hongcheng Environmental Technology Co (HKSE:02265) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hongcheng Environmental Technology Co Ltd (HKSE:02265) » Definitions » Tax Rate %
Comparable Companies
HKSE:06805 HKSE:01483 HKSE:01790 HKSE:00154 HKSE:01845 HKSE:01397 HKSE:00436 HKSE:00979 HKSE:03989 HKSE:00923 WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340
Traded in Other Exchanges
N/A
Address
Yeyan Road North, Dadongzhuang Village North, Shahe Town, Shandong Province, Yantai, Laizhou, CHN
Website
http://www.sdhcgroup.cn
Hongcheng Environmental Technology Co Ltd is an investment holding company. The company and its subsidiaries are engaged in the provision of gold mine hazardous waste treatment services and recycling and extracting therefrom resources with economic value for sale, such as pyrite concentrate.
Executives
Zeming International Investment Co., Ltd. 2101 Beneficial owner
Liu Ze Ming 2201 Interest of corporation controlled by you
Li Li Yan 2202 Interest of your spouse

Hongcheng Environmental Technology Co (HKSE:02265) Headlines

No Headlines