Maanshan Iron And Steel Co (FRA:YM9A) Tax Rate % : -39.72% (As of Dec. 2023)

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What is Maanshan Iron And Steel Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Maanshan Iron And Steel Co's Tax Expense for the three months ended in Dec. 2023 was €-7 Mil. Maanshan Iron And Steel Co's Pre-Tax Income for the three months ended in Dec. 2023 was €19 Mil. Therefore, Maanshan Iron And Steel Co's Tax Rate % for the quarter that ended in Dec. 2023 was -39.72%.

Maanshan Iron And Steel Co Tax Rate % Historical Data

The historical data trend for Maanshan Iron And Steel 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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Maanshan Iron And Steel Co Tax Rate % Chart

Maanshan Iron And Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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25.41

16.32

14.57

-46.13

-2.71

Maanshan Iron And Steel Co 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															4.26	-8.13	-1.55	4.76	-39.72

Maanshan Iron And Steel Co Tax Rate % Calculation

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

Maanshan Iron And Steel 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 )
	=	5.553	/	-205.055
	=	-2.71 %

Maanshan Iron And Steel Co'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 )
	=	-7.476	/	18.822
	=	-39.72 %

Maanshan Iron And Steel Co Tax Rate % Related Terms

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Maanshan Iron And Steel Co (FRA:YM9A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Maanshan Iron And Steel Co Ltd (FRA:YM9A) » Definitions » Tax Rate %

Traded in Other Exchanges

MAANF:USA 00323:Hong Kong 600808:China

Address

No. 8 Jiu Hua Xi Road, Anhui Province, Maanshan, CHN, 243003

Website

https://www.magang.com.hk

Maanshan Iron And Steel Co Ltd produces and sells iron and steel products. It has two segments. Production and sale of iron and steel products and related by-products, and Financial service. The company's principal product is steel, which is categorized into steel plates, section steel, wire rods, and train wheels. Thin plate products are further categorized into hot and rolled plates, galvanized plates, and coil-coating plates. The products in the wire rod category comprise wire rod materials and hot-rolled reinforced steel used in armored concrete. The Train wheel category includes train wheels and wheel rims.

Maanshan Iron And Steel Co (FRA:YM9A) Headlines

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