Yantai Changyu Pioneer Wine Co (SZSE:000869) Tax Rate % : 27.49% (As of Mar. 2024)

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What is Yantai Changyu Pioneer Wine Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Yantai Changyu Pioneer Wine Co's Tax Expense for the three months ended in Mar. 2024 was ¥61 Mil. Yantai Changyu Pioneer Wine Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥221 Mil. Therefore, Yantai Changyu Pioneer Wine Co's Tax Rate % for the quarter that ended in Mar. 2024 was 27.49%.

Yantai Changyu Pioneer Wine Co Tax Rate % Historical Data

The historical data trend for Yantai Changyu Pioneer Wine 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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Yantai Changyu Pioneer Wine Co Tax Rate % Chart

Yantai Changyu Pioneer Wine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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26.21

28.85

29.21

31.05

29.62

Yantai Changyu Pioneer Wine 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															26.29	29.43	39.85	30.84	27.49

Yantai Changyu Pioneer Wine Co Tax Rate % Calculation

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

Yantai Changyu Pioneer Wine 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 )
	=	221.433	/	747.466
	=	29.62 %

Yantai Changyu Pioneer Wine 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 )
	=	60.789	/	221.158
	=	27.49 %

Yantai Changyu Pioneer Wine Co Tax Rate % Related Terms

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Yantai Changyu Pioneer Wine Co (SZSE:000869) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Yantai Changyu Pioneer Wine Co Ltd (SZSE:000869) » Definitions » Tax Rate %

Traded in Other Exchanges

200869:China

Address

56 Dama Road, Shandong, Yantai, CHN, 264000

Website

http://www.changyu.com.cn

Yantai Changyu Pioneer Wine Co Ltd produces and sells wine, brandy, and champagne. The company's brands include Changyu, Jiebaina, AFIP, Koyac, and Tinlot Reserva. Wine sales account for more than three-quarters of the company's total revenue. Yantai possesses vineyards in several Chinese provinces suitable for wine grape growing, such as Shandong, Ningxia, Xinjiang, Liaoning, Hebei, and Shanxi. Nearly all of the company's sales are in China, with the small amount of remaining revenue coming from France and Spain.

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