Shandong Hi-Speed Co (SHSE:600350) Tax Rate % : 25.42% (As of Mar. 2024)

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What is Shandong Hi-Speed Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shandong Hi-Speed Co's Tax Expense for the three months ended in Mar. 2024 was ¥317 Mil. Shandong Hi-Speed Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥1,246 Mil. Therefore, Shandong Hi-Speed Co's Tax Rate % for the quarter that ended in Mar. 2024 was 25.42%.

Shandong Hi-Speed Co Tax Rate % Historical Data

The historical data trend for Shandong Hi-Speed 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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Shandong Hi-Speed Co Tax Rate % Chart

Shandong Hi-Speed Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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27.19

27.59

24.44

22.03

23.01

Shandong Hi-Speed Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															24.75	22.40	25.69	18.77	25.42

Shandong Hi-Speed Co Tax Rate % Calculation

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

Shandong Hi-Speed 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 )
	=	1242.512	/	5399.581
	=	23.01 %

Shandong Hi-Speed Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	316.85	/	1246.348
	=	25.42 %

Shandong Hi-Speed Co Tax Rate % Related Terms

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Shandong Hi-Speed Co (SHSE:600350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shandong Hi-Speed Co Ltd (SHSE:600350) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101

Website

http://www.sdecl.com.cn

Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.

Shandong Hi-Speed Co (SHSE:600350) Headlines

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