CMST Development Co (SHSE:600787) Tax Rate % : 22.62% (As of Mar. 2024)

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What is CMST Development Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CMST Development Co's Tax Expense for the three months ended in Mar. 2024 was ¥86 Mil. CMST Development Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥381 Mil. Therefore, CMST Development Co's Tax Rate % for the quarter that ended in Mar. 2024 was 22.62%.

CMST Development Co Tax Rate % Historical Data

The historical data trend for CMST Development 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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CMST Development Co Tax Rate % Chart

CMST Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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29.68

28.19

19.28

19.49

23.13

CMST Development 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															26.17	22.89	23.41	22.39	22.62

CMST Development Co Tax Rate % Calculation

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

CMST Development 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 )
	=	253.428	/	1095.799
	=	23.13 %

CMST Development 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 )
	=	86.074	/	380.501
	=	22.62 %

CMST Development Co Tax Rate % Related Terms

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CMST Development Co (SHSE:600787) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CMST Development Co Ltd (SHSE:600787) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.188 Western Road of South 4th Ring Road, 18th Building of 6th section, Fengtai District, Beijing, CHN, 100070

Website

http://www.cmstd.com.cn

CMST Development Co Ltd provides logistics services. The company has modern logistics distribution centres in Beijing, Shanghai, Tianjin, Jiangsu, Zhejiang, Shandong, Hubei, Hunan, Guangdong, Sichuan, Hebei, Henan, Shaanxi, and Liaoning. It provides the following services: Warehouse and storage, Transportation and distribution, International freight forwarding, Movable assets supervision, logistics plan design, and processing and manufacturing.

Executives

Peng Xi De	senior management
Li Yong Zhao	Director
Li Da Wei	senior management
Wang Yong	senior management
Wang Hai Bin	Directors, senior managers
Ma De Yin	Director
Wei Guang	Director
Han Tie Lin	Director
Zhou Xiao Hong	Supervisors
Wang Xue Ming	Director
Xue Bin	senior management
Zhao Xiao Hong	Director
Dong Xu	senior management
Ceng Yong	senior management
Xie Jing Fu	Director

CMST Development Co (SHSE:600787) Headlines

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