Nexteer Automotive Group (HKSE:01316) Tax Rate % : 57.82% (As of Dec. 2023)

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What is Nexteer Automotive Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nexteer Automotive Group's Tax Expense for the six months ended in Dec. 2023 was HK$83 Mil. Nexteer Automotive Group's Pre-Tax Income for the six months ended in Dec. 2023 was HK$144 Mil. Therefore, Nexteer Automotive Group's Tax Rate % for the quarter that ended in Dec. 2023 was 57.82%.

Nexteer Automotive Group Tax Rate % Historical Data

The historical data trend for Nexteer Automotive Group'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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Nexteer Automotive Group Tax Rate % Chart

Nexteer Automotive Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.09

-6.85

-10.87

28.75

29.66

Nexteer Automotive Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-86.18	142.26	-4.27	18.33	57.82

Nexteer Automotive Group Tax Rate % Calculation

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

Nexteer Automotive Group'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 )
	=	148.792	/	501.6
	=	29.66 %

Nexteer Automotive Group'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 )
	=	83.213	/	143.919
	=	57.82 %

Nexteer Automotive Group Tax Rate % Related Terms

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Nexteer Automotive Group (HKSE:01316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nexteer Automotive Group Ltd (HKSE:01316) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NTXVF:USA

Address

1272 Doris Road, Auburn Hills, MI, USA, 48326

Website

https://www.nexteer.com

Nexteer Automotive Group Ltd offers advanced steering and driveline systems. The company's customers are well-known automakers like BMW, Fiat Chrysler, Ford, GM, and Toyota, as well as automakers in India, South America, and China. The business units are electric power steering, hydraulic power steering, steering columns, driveline, and half shafts. The electric power steering includes columns, an intermediate shaft, and steering gear, EPS motors, sensors, controllers, and assist mechanisms. The Group classifies its businesses into three reportable segments: North America, Asia Pacific, and Europe, Middle East, Africa and South America (EMEASA). All of the Group's operating segments typically offer the same steering and driveline products, the majority are derived from North America.

Executives

Bei Jing Yi Zhuang Guo Ji Tou Zi Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Nai Shi Te Qi Che Xi Tong Xiang Gang Kong Gu You Xian Gong Si	2101 Beneficial owner
Zhong Guo Hang Kong Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Hang Kong Qi Che Xi Tong Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Tai Ping Yang Shi Ji Bei Jing Qi Che Ling Bu Jian You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Yi Zhuang Guo Ji Qi Che Tou Zi Guan Li You Xian Gong Si	2101 Beneficial owner

Nexteer Automotive Group (HKSE:01316) Headlines

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