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Shandong Tengda Fasten Tech Co (SZSE:001379) Tax Rate % : 25.73% (As of Mar. 2024)


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What is Shandong Tengda Fasten Tech Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shandong Tengda Fasten Tech Co's Tax Expense for the three months ended in Mar. 2024 was ¥6 Mil. Shandong Tengda Fasten Tech Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥24 Mil. Therefore, Shandong Tengda Fasten Tech Co's Tax Rate % for the quarter that ended in Mar. 2024 was 25.73%.

Shandong Tengda Fasten Tech Co Tax Rate % Historical Data

The historical data trend for Shandong Tengda Fasten Tech 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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Shandong Tengda Fasten Tech Co Tax Rate % Chart

Shandong Tengda Fasten Tech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
20.06 21.25 23.37 22.89 22.56

Shandong Tengda Fasten Tech Co Quarterly Data
Dec19 Dec20 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 22.86 24.01 22.66 19.33 25.73

Shandong Tengda Fasten Tech Co Tax Rate % Calculation

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

Shandong Tengda Fasten Tech 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 )
=24.944/110.551
=22.56 %

Shandong Tengda Fasten Tech 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 )
=6.057/23.544
=25.73 %

* 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.

Shandong Tengda Fasten Tech Co Tax Rate % Related Terms

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Shandong Tengda Fasten Tech Co (SZSE:001379) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shandong Tengda Fasten Tech Co Ltd (SZSE:001379) » Definitions » Tax Rate %
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Shandong Tengda Fasten Tech Co Ltd is engaged in research and development, production and sales of stainless steel fastener products. Its product include bolt, nut, screws, washer, rivet, wood etc.

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