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Ningbo Orient Wires & Cables Co (SHSE:603606) Tax Rate % : 14.05% (As of Mar. 2024)


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What is Ningbo Orient Wires & Cables Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ningbo Orient Wires & Cables Co's Tax Expense for the three months ended in Mar. 2024 was ¥43 Mil. Ningbo Orient Wires & Cables Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥306 Mil. Therefore, Ningbo Orient Wires & Cables Co's Tax Rate % for the quarter that ended in Mar. 2024 was 14.05%.


Ningbo Orient Wires & Cables Co Tax Rate % Historical Data

The historical data trend for Ningbo Orient Wires & Cables 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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Ningbo Orient Wires & Cables Co Tax Rate % Chart

Ningbo Orient Wires & Cables Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.65 13.74 13.24 12.34 12.70

Ningbo Orient Wires & Cables 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 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 Premium Member Only Premium Member Only 13.61 13.76 13.73 7.72 14.05

Ningbo Orient Wires & Cables Co Tax Rate % Calculation

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

Ningbo Orient Wires & Cables 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 )
=145.469/1145.508
=12.70 %

Ningbo Orient Wires & Cables 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 )
=43.062/306.42
=14.05 %

* 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.


Ningbo Orient Wires & Cables Co Tax Rate % Related Terms

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Ningbo Orient Wires & Cables Co (SHSE:603606) Business Description

Traded in Other Exchanges
N/A
Address
968 East JiangNan Road, Beilun District, Zhejiang, Ningbo, CHN
Ningbo Orient Wires & Cables Co Ltd is a China-based fiber optic cable manufacturing company. The company is a provider in design, manufacture, install, and service of land cables and subsea cables. Its products are mainly used by the energy companies and subsea service providers. Its subsea cables products include AC subsea power cables, DC subsea power cables, Subsea Equipment Umbilical, Subsea dynamic cables used in a submarine. Its power cable offerings include D.C Power Cable, LV Power Cable(1kV), MV Power Cable(6-35kV), HV Power Cable(110kV), among others.

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