Li Ning Co (HKSE:02331) Tax Rate % : 26.78% (As of Dec. 2023)

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What is Li Ning Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Li Ning Co's Tax Expense for the six months ended in Dec. 2023 was HK$426 Mil. Li Ning Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$1,592 Mil. Therefore, Li Ning Co's Tax Rate % for the quarter that ended in Dec. 2023 was 26.78%.

Li Ning Co Tax Rate % Historical Data

The historical data trend for Li Ning 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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Li Ning Co Tax Rate % Chart

Li Ning Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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19.25

24.44

24.72

24.95

25.12

Li Ning Co 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															24.20	25.00	24.90	24.26	26.78

Li Ning Co Tax Rate % Calculation

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

Li Ning 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 )
	=	1169.476	/	4655.308
	=	25.12 %

Li Ning 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 )
	=	426.234	/	1591.851
	=	26.78 %

Li Ning Co Tax Rate % Related Terms

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Li Ning Co (HKSE:02331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Li Ning Co Ltd (HKSE:02331) » Definitions » Tax Rate %

Comparable Companies

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LNNGY:USA LNNGF:USA LNLB:Germany

Address

No. 8 Xing Guang 5th Street, Opto-Mechatronics Industrial Park, Zhongguancun Science and Technology Area, Tongzhou District, Beijing, CHN, 101111

Website

https://www.lining.com

Established in 1989, Li Ning is one of the largest sportswear companies in China. Headquartered in Beijing, Li Ning mainly sells professional and leisure footwear and apparel under the Li Ning brand. Despite having a single-brand strategy, Li Ning launched multiple sub-brands (such as China Li Ning and Li Ning 1990) to appeal to different demographics. As of the end of 2021, the company had 7,137 stores in China, of which 1,232 were directly operated, and 5,905 were franchised.

Li Ning Co (HKSE:02331) Headlines

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