Cathay Financial Holding Co (TPE:2882) Tax Rate % : 34.33% (As of Dec. 2023)

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What is Cathay Financial Holding Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cathay Financial Holding Co's Tax Expense for the three months ended in Dec. 2023 was NT$-4,303 Mil. Cathay Financial Holding Co's Pre-Tax Income for the three months ended in Dec. 2023 was NT$-12,533 Mil. Therefore, Cathay Financial Holding Co's Tax Rate % for the quarter that ended in Dec. 2023 was 34.33%.

Cathay Financial Holding Co Tax Rate % Historical Data

The historical data trend for Cathay Financial Holding 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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Cathay Financial Holding Co Tax Rate % Chart

Cathay Financial Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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9.49

6.93

11.68

24.00

11.90

Cathay Financial Holding Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															20.94	0.88	17.76	17.36	34.33

Cathay Financial Holding Co Tax Rate % Calculation

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

Cathay Financial Holding 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 )
	=	6955.472	/	58469.289
	=	11.90 %

Cathay Financial Holding 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 )
	=	-4302.786	/	-12532.906
	=	34.33 %

Cathay Financial Holding Co Tax Rate % Related Terms

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Cathay Financial Holding Co (TPE:2882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Cathay Financial Holding Co Ltd (TPE:2882) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

2882B.PFD:Taiwan 2882A.PFD:Taiwan

Address

No. 296, Section 4, Renai Road, Da'an District, Taipei, TWN, 106

Website

https://www.cathayholdings.com

Cathay Financial Holding Co Ltd is a financial holding company that primarily serves the Taiwan market. The scope of its business is limited by the operation of law to the investment and management of financial services enterprises. The company is a hub for financial services primarily in insurance and banking, and secondarily in asset management. Cathay Financial Holding emphasizes cross-selling and information technology integration in its business model. most of its insurance business, which constitutes approximately half of the company's revenue mix, is related to life insurance. Its banking business, which makes up nearly the other half of its business, is mostly related to consumer and corporate banking.

Cathay Financial Holding Co (TPE:2882) Headlines

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