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Ninebot (SHSE:689009) Tax Rate % : 26.16% (As of Mar. 2024)


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What is Ninebot Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ninebot's Tax Expense for the three months ended in Mar. 2024 was ¥48 Mil. Ninebot's Pre-Tax Income for the three months ended in Mar. 2024 was ¥184 Mil. Therefore, Ninebot's Tax Rate % for the quarter that ended in Mar. 2024 was 26.16%.


Ninebot Tax Rate % Historical Data

The historical data trend for Ninebot'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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Ninebot Tax Rate % Chart

Ninebot Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial -13.66 51.73 18.34 20.18 6.98

Ninebot 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.46 12.49 11.34 -12.63 26.16

Ninebot Tax Rate % Calculation

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

Ninebot'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 )
=44.708/640.911
=6.98 %

Ninebot'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 )
=48/183.509
=26.16 %

* 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.


Ninebot Tax Rate % Related Terms

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Ninebot (SHSE:689009) Business Description

Traded in Other Exchanges
N/A
Address
66 Xixiaokou Road, Zhongguancun Dongsheng Science and Technology Park, Building A, Haidian District, Beijing, CHN, 100192
Ninebot Ltd is engaged in the research and development, design, manufacturing, distribution and sales of short-distance transportation products. The products offered by the company include electric balance bikes and electric scooters for short distance commuting.
Executives
Zhao Xin senior management
Liu Miao senior management
Fan Xiao Jin senior management
Zhang Zhen Yuan Senior management, core technical personnel
Huang Chen senior management
Chen Zi Chong Core technical personnel

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