Kangxin New Materials Co (SHSE:600076) Tax Rate % : -0.01% (As of Mar. 2024)

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What is Kangxin New Materials Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kangxin New Materials Co's Tax Expense for the three months ended in Mar. 2024 was ¥0.0 Mil. Kangxin New Materials Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-34.5 Mil. Therefore, Kangxin New Materials Co's Tax Rate % for the quarter that ended in Mar. 2024 was -0.01%.

Kangxin New Materials Co Tax Rate % Historical Data

The historical data trend for Kangxin New Materials 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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Kangxin New Materials Co Tax Rate % Chart

Kangxin New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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7.21

19.56

3.82

-0.71

-3.63

Kangxin New Materials 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															-1.68	-0.32	-0.57	-6.11	-0.01

Kangxin New Materials Co Tax Rate % Calculation

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

Kangxin New Materials 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 )
	=	10.344	/	-284.835
	=	-3.63 %

Kangxin New Materials 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 )
	=	0.003	/	-34.481
	=	-0.01 %

Kangxin New Materials Co Tax Rate % Related Terms

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Kangxin New Materials Co (SHSE:600076) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Kangxin New Materials Co Ltd (SHSE:600076) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wuhan East Lake Central Lake Road No. 57, Jinyinhu Withub 30, Hubei Province, Wuhan, CHN

Website

http://www.hbkangxin.com.cn

Kangxin New Materials Co Ltd engages in the collection, afforestation, processing, and sale of timber products in China. It also designs and produces building structural materials; and produces wood structural housing products. The company's products include COSB composite, multi-layer solid wood, and bamboo and wood composite container flooring products; civil sheets comprise building templates, ordinary COSB boards, environmental protection boards, and COSB boards; and landscape and green seedlings.

Executives

Li Jie	Director
Guo Zhi Xian	Director
Yang Qi Li	senior management
Xu Feng Ji	Supervisors
Ren Song Guo	senior management

Kangxin New Materials Co (SHSE:600076) Headlines

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