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Shanxi Meineng Clean Energy Co (SZSE:001299) Tax Rate % : 16.50% (As of Mar. 2024)


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What is Shanxi Meineng Clean Energy Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shanxi Meineng Clean Energy Co's Tax Expense for the three months ended in Mar. 2024 was ¥4.0 Mil. Shanxi Meineng Clean Energy Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥24.0 Mil. Therefore, Shanxi Meineng Clean Energy Co's Tax Rate % for the quarter that ended in Mar. 2024 was 16.50%.

Shanxi Meineng Clean Energy Co Tax Rate % Historical Data

The historical data trend for Shanxi Meineng Clean Energy 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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Shanxi Meineng Clean Energy Co Tax Rate % Chart

Shanxi Meineng Clean Energy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 15.10 16.07 13.98 16.19 15.82

Shanxi Meineng Clean Energy Co Quarterly Data
Dec16 Dec17 Dec18 Jun19 Dec19 Dec20 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 12.60 18.61 19.21 15.15 16.50

Shanxi Meineng Clean Energy Co Tax Rate % Calculation

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

Shanxi Meineng Clean Energy 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 )
=15.313/96.781
=15.82 %

Shanxi Meineng Clean Energy 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 )
=3.953/23.963
=16.50 %

* 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.

Shanxi Meineng Clean Energy Co Tax Rate % Related Terms

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Shanxi Meineng Clean Energy Co (SZSE:001299) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shanxi Meineng Clean Energy Co Ltd (SZSE:001299) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
No. 48 Keji Road, Room B1605, Pioneer Plaza, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710016
Website
http://www.meinenggas.com
Shanxi Meineng Clean Energy Co Ltd is an innovative and energetic professional gas operation enterprise. It is mainly engaged in investment in urban gas, compressed natural gas filling stations, LNG production plants and filling stations, coal-to-natural gas production plants, and gas pipelines; consulting in the gas industry, training and management.

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