QuMei Home Furnishings Group Co (SHSE:603818) Tax Rate % : 21.70% (As of Mar. 2024)

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What is QuMei Home Furnishings Group Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. QuMei Home Furnishings Group Co's Tax Expense for the three months ended in Mar. 2024 was ¥-23 Mil. QuMei Home Furnishings Group Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-106 Mil. Therefore, QuMei Home Furnishings Group Co's Tax Rate % for the quarter that ended in Mar. 2024 was 21.70%.

QuMei Home Furnishings Group Co Tax Rate % Historical Data

The historical data trend for QuMei Home Furnishings Group 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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QuMei Home Furnishings Group Co Tax Rate % Chart

QuMei Home Furnishings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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6.51

19.65

17.80

18.12

7.46

QuMei Home Furnishings Group 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															20.38	20.54	20.82	-41.08	21.70

QuMei Home Furnishings Group Co Tax Rate % Calculation

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

QuMei Home Furnishings Group 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 )
	=	-25.12	/	-336.599
	=	7.46 %

QuMei Home Furnishings Group 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 )
	=	-22.917	/	-105.593
	=	21.70 %

QuMei Home Furnishings Group Co Tax Rate % Related Terms

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QuMei Home Furnishings Group Co (SHSE:603818) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » QuMei Home Furnishings Group Co Ltd (SHSE:603818) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

No. 51, Wangjing North Road, Building 8, Chaoyang District, Beijing, CHN, 100102

Website

http://www.qumei.com

QuMei Home Furnishings Group Co Ltd is mainly engaged in the design, production, and sales of medium and high-end civilian furniture and supporting household products, providing consumers with a whole home. It offers wooden furniture including solid wood furniture, man-made board furniture, and integrated furniture. Its products are divided into custom furniture, finished furniture and home accessories by category, divided into solid wood and board wood according to materials.

QuMei Home Furnishings Group Co (SHSE:603818) Headlines

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