OKE Precision Cutting Tools Co (SHSE:688308) Tax Rate % : 19.54% (As of Mar. 2024)

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What is OKE Precision Cutting Tools Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. OKE Precision Cutting Tools Co's Tax Expense for the three months ended in Mar. 2024 was ¥7 Mil. OKE Precision Cutting Tools Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥37 Mil. Therefore, OKE Precision Cutting Tools Co's Tax Rate % for the quarter that ended in Mar. 2024 was 19.54%.

OKE Precision Cutting Tools Co Tax Rate % Historical Data

The historical data trend for OKE Precision Cutting Tools 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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OKE Precision Cutting Tools Co Tax Rate % Chart

OKE Precision Cutting Tools Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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12.81

12.93

12.86

10.30

6.85

OKE Precision Cutting Tools 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															13.98	11.53	11.28	264.86	19.54

OKE Precision Cutting Tools Co Tax Rate % Calculation

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

OKE Precision Cutting Tools 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 )
	=	12.209	/	178.213
	=	6.85 %

OKE Precision Cutting Tools 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 )
	=	7.249	/	37.098
	=	19.54 %

OKE Precision Cutting Tools Co Tax Rate % Related Terms

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OKE Precision Cutting Tools Co (SHSE:688308) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » OKE Precision Cutting Tools Co Ltd (SHSE:688308) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8, Chuangye 4th Road, Small and Medium Enterprise Pioneer Park, Hunan Province. Lusong District, Yanling County, Zhuzhou, CHN, 412500

Website

http://www.oke-carbide.com

OKE Precision Cutting Tools Co Ltd is involved in the research and development, production and sales of cemented carbide products and CNC tool products. It offers CNC tool, carbide serrated blade, carbide disc and other cemented and carbide products.

Executives

Tan Wen Qing	Director
Su Zhen Hua	Director
Liang Bao Yu	Director
Han Hong Tao	Director
Yuan Mei He	Director

OKE Precision Cutting Tools Co (SHSE:688308) Headlines

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