Liaoning HeZhan Energy Group Co (SZSE:000809) Tax Rate % : -2.24% (As of Mar. 2024)

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What is Liaoning HeZhan Energy Group Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Liaoning HeZhan Energy Group Co's Tax Expense for the three months ended in Mar. 2024 was ¥0.73 Mil. Liaoning HeZhan Energy Group Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-32.44 Mil. Therefore, Liaoning HeZhan Energy Group Co's Tax Rate % for the quarter that ended in Mar. 2024 was -2.24%.

Liaoning HeZhan Energy Group Co Tax Rate % Historical Data

The historical data trend for Liaoning HeZhan Energy 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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Liaoning HeZhan Energy Group Co Tax Rate % Chart

Liaoning HeZhan Energy Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.38

-0.27

-19.35

-0.59

0.62

Liaoning HeZhan Energy 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															-	-	-	2.62	-2.24

Liaoning HeZhan Energy Group Co Tax Rate % Calculation

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

Liaoning HeZhan Energy 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 )
	=	-0.696	/	-112.734
	=	0.62 %

Liaoning HeZhan Energy 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 )
	=	0.726	/	-32.437
	=	-2.24 %

Liaoning HeZhan Energy Group Co Tax Rate % Related Terms

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Liaoning HeZhan Energy Group Co (SZSE:000809) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Liaoning HeZhan Energy Group Co Ltd (SZSE:000809) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

No. 12, Jinshajiang Road, Fanhe New District, Liaoning Province, Tieling, CHN, 112000

Website

http://www.tielingnewcity.com.cn

Tieling Newcity Investment Holding Ltd is a China-based company engaged in the land development projects. Its business activities include first-level development business and urban operations. The first-level development business division includes municipal infrastructure construction and land project development. And the urban operations division includes water supply, sewage treatment, taxi operations, and advertising media.

Executives

Han Guang Lin	Director
Li Shi Fan	Director
Zhu Heng	Director
Li Jing Chuan	Supervisors

Liaoning HeZhan Energy Group Co (SZSE:000809) Headlines

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