China Automotive Systems (STU:RYV) Tax Rate % : 14.80% (As of Mar. 2024)

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What is China Automotive Systems Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Automotive Systems's Tax Expense for the three months ended in Mar. 2024 was €1.6 Mil. China Automotive Systems's Pre-Tax Income for the three months ended in Mar. 2024 was €10.8 Mil. Therefore, China Automotive Systems's Tax Rate % for the quarter that ended in Mar. 2024 was 14.80%.

China Automotive Systems Tax Rate % Historical Data

The historical data trend for China Automotive Systems'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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China Automotive Systems Tax Rate % Chart

China Automotive Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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7.74

-17.73

47.68

13.38

10.65

China Automotive Systems 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															9.66	11.07	6.13	14.23	14.80

China Automotive Systems Tax Rate % Calculation

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

China Automotive Systems'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 )
	=	4.711	/	44.231
	=	10.65 %

China Automotive Systems'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 )
	=	1.604	/	10.841
	=	14.80 %

China Automotive Systems Tax Rate % Related Terms

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China Automotive Systems (STU:RYV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Automotive Systems Inc (STU:RYV) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CAAS:USA RYV:Germany

Address

No. 1 Henglong Road, Yu Qiao Development Zone, Shashi District, Hubei Province, Jing Zhou, CHN, 434000

Website

http://www.caasauto.com

China Automotive Systems Inc is a holding company. The firm through its subsidiary is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series, more than 310 models of power steering including rack and pinion power steering, integral power steering, electronic power steering and manual steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of revenue from China.

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