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2018-01-16 20:46 | Report Abuse
the article for the link above gone liao
2018-01-02 14:07 | Report Abuse
have you take into account of income taxes in Q4????
Blog: 第七篇:HENGYUAN恒源(第四季度的盈利和未来利润的可持续性)
2018-01-17 08:16 | Report Abuse
As per annual report 2016 (and also the print screen captured above), the tax losses c/f & unabsorbed reinvestment allowance are "stated at gross amount". It means you should knock it off against profit before tax level(gross@100%) instead of the income tax amount (net@25%)