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Jinshang Bank Co (HKSE:02558) Tax Rate % : 2.55% (As of Dec. 2023)


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What is Jinshang Bank Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Jinshang Bank Co's Tax Expense for the six months ended in Dec. 2023 was HK$28 Mil. Jinshang Bank Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$1,086 Mil. Therefore, Jinshang Bank Co's Tax Rate % for the quarter that ended in Dec. 2023 was 2.55%.


Jinshang Bank Co Tax Rate % Historical Data

The historical data trend for Jinshang Bank 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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Jinshang Bank Co Tax Rate % Chart

Jinshang Bank Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 7.78 2.57 0.74 1.13 1.64

Jinshang Bank Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.15 0.42 1.91 0.77 2.55

Jinshang Bank Co Tax Rate % Calculation

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

Jinshang Bank 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 )
=36.465/2224.626
=1.64 %

Jinshang Bank 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 )
=27.721/1085.982
=2.55 %

* 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.


Jinshang Bank Co Tax Rate % Related Terms

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Jinshang Bank Co (HKSE:02558) Business Description

Traded in Other Exchanges
N/A
Address
No. 59 Changfeng Street, Xiaodian District, Shanxi Province, Taiyuan, CHN, 030000
Jinshang Bank Co Ltd operates as a commercial bank. It offers deposits, loans, credit card, and other banking services. The bank's operating segments are Corporate banking, Retail banking, Treasury business, and others segment. It generates a majority of its revenue from the corporate banking segment which is engaged in the provision of a range of financial products and services to corporations, government agencies, and financial institutions. These products and services include corporate loans and advances, trade financing, deposit-taking activities, agency services, wealth management services, consulting and advisory services, remittance and settlement services and guarantee services among others.

Jinshang Bank Co (HKSE:02558) Headlines

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