Zhejiang Renzhi Co (SZSE:002629) Tax Rate % : 0.95% (As of Mar. 2024)

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What is Zhejiang Renzhi Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zhejiang Renzhi Co's Tax Expense for the three months ended in Mar. 2024 was ¥-0.1 Mil. Zhejiang Renzhi Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-7.9 Mil. Therefore, Zhejiang Renzhi Co's Tax Rate % for the quarter that ended in Mar. 2024 was 0.95%.

Zhejiang Renzhi Co Tax Rate % Historical Data

The historical data trend for Zhejiang Renzhi 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.
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Zhejiang Renzhi Co Tax Rate % Chart

Zhejiang Renzhi Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-2.92

-12.03

-6.18

4.19

-0.77

Zhejiang Renzhi 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															-0.34	-1.00	2.95	0.78	0.95

Zhejiang Renzhi Co Tax Rate % Calculation

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

Zhejiang Renzhi 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 )
	=	0.258	/	-33.662
	=	-0.77 %

Zhejiang Renzhi 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 )
	=	-0.075	/	-7.854
	=	0.95 %

Zhejiang Renzhi Co Tax Rate % Related Terms

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Zhejiang Renzhi Co (SZSE:002629) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zhejiang Renzhi Co Ltd (SZSE:002629) » Definitions » Tax Rate %

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Traded in Other Exchanges

N/A

Address

2180 Binhai 6th Road, Room 108, Building 1, Wenzhou Economic and Technological Development Zone, Wenzhou, CHN, 200135

Website

http://www.chinarenzhi.com

Zhejiang Renzhi Co Ltd is engaged in the oil service industry which include providing professional services like oil and gas drilling engineering field, oilfield special equipment inspection and maintenance technology.

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