Changhong Meiling Co (SZSE:000521) Tax Rate % : 11.37% (As of Mar. 2024)

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What is Changhong Meiling Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Changhong Meiling Co's Tax Expense for the three months ended in Mar. 2024 was ¥20 Mil. Changhong Meiling Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥179 Mil. Therefore, Changhong Meiling Co's Tax Rate % for the quarter that ended in Mar. 2024 was 11.37%.

Changhong Meiling Co Tax Rate % Historical Data

The historical data trend for Changhong Meiling 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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Changhong Meiling Co Tax Rate % Chart

Changhong Meiling Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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37.64

7.87

2.71

3.34

4.47

Changhong Meiling 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															5.53	-2.79	2.31	11.09	11.37

Changhong Meiling Co Tax Rate % Calculation

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

Changhong Meiling 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 )
	=	36.148	/	809.35
	=	4.47 %

Changhong Meiling 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 )
	=	20.355	/	178.995
	=	11.37 %

Changhong Meiling Co Tax Rate % Related Terms

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Changhong Meiling Co (SZSE:000521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Changhong Meiling Co Ltd (SZSE:000521) » Definitions » Tax Rate %

Traded in Other Exchanges

200521:China

Address

No. 2163, Lianhua Road, Economic and technology Development Zone, Hefei, Anhui, CHN, 230601

Website

http://www.meiling.com

Changhong Meiling Co Ltd functions in the consumer electronic industry of China. Its product portfolio comprises of refrigerators, air conditioners, washing machines and other household appliances. Hefei Meiling conducts its operations through five segments; Air-conditioning, Refrigerator & freezer & washing machine, Marketing, Small home appliance and Others. The company's washing machine varieties include fully automatic, roller and double barrel and the air conditioning products range include Guiji and Goodbye.

Changhong Meiling Co (SZSE:000521) Headlines

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