HK Electric Investments and HK Electric Investments (HKSE:02638) Tax Rate % : 17.58% (As of Dec. 2023)

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What is HK Electric Investments and HK Electric Investments Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. HK Electric Investments and HK Electric Investments's Tax Expense for the six months ended in Dec. 2023 was HK$345 Mil. HK Electric Investments and HK Electric Investments's Pre-Tax Income for the six months ended in Dec. 2023 was HK$1,962 Mil. Therefore, HK Electric Investments and HK Electric Investments's Tax Rate % for the quarter that ended in Dec. 2023 was 17.58%.

HK Electric Investments and HK Electric Investments Tax Rate % Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments'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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HK Electric Investments and HK Electric Investments Tax Rate % Chart

HK Electric Investments and HK Electric Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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19.13

17.92

18.17

17.73

17.87

HK Electric Investments and HK Electric Investments 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															18.28	18.15	17.42	18.20	17.58

HK Electric Investments and HK Electric Investments Tax Rate % Calculation

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

HK Electric Investments and HK Electric Investments'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 )
	=	646	/	3616
	=	17.87 %

HK Electric Investments and HK Electric Investments'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 )
	=	345	/	1962
	=	17.58 %

HK Electric Investments and HK Electric Investments Tax Rate % Related Terms

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HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » HK Electric Investments and HK Electric Investments Ltd (HKSE:02638) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

HKVTY:USA HKCVF:USA HKT:Germany

Address

44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG

Website

https://www.hkelectric.com

HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

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