ReneSola (XSWX:RESOL1) Tax Rate % : -27.34% (As of Dec. 2023)

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What is ReneSola Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ReneSola's Tax Expense for the three months ended in Dec. 2023 was CHF1.83 Mil. ReneSola's Pre-Tax Income for the three months ended in Dec. 2023 was CHF-6.69 Mil. Therefore, ReneSola's Tax Rate % for the quarter that ended in Dec. 2023 was -27.34%.

ReneSola Tax Rate % Historical Data

The historical data trend for ReneSola'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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ReneSola Tax Rate % Chart

ReneSola Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-10.45

7.04

10.48

-72.87

-28.17

ReneSola Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-171.71	-75.08	-0.48	-2.87	-27.34

ReneSola Tax Rate % Calculation

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

ReneSola'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 )
	=	2.244	/	-7.967
	=	-28.17 %

ReneSola's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1.83	/	-6.694
	=	-27.34 %

ReneSola Tax Rate % Related Terms

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ReneSola (XSWX:RESOL1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ReneSola Ltd (XSWX:RESOL1) » Definitions » Tax Rate %

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Address

100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902

Website

https://www.emeren.com

Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.

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