Qingdao Foods Co (SZSE:001219) Tax Rate % : 24.77% (As of Mar. 2024)

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What is Qingdao Foods Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Qingdao Foods Co's Tax Expense for the three months ended in Mar. 2024 was ¥9.4 Mil. Qingdao Foods Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥38.1 Mil. Therefore, Qingdao Foods Co's Tax Rate % for the quarter that ended in Mar. 2024 was 24.77%.

Qingdao Foods Co Tax Rate % Historical Data

The historical data trend for Qingdao Foods 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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Qingdao Foods Co Tax Rate % Chart

Qingdao Foods Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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25.95

24.89

24.56

25.01

25.16

Qingdao Foods Co Quarterly Data
	Dec18	Jun19	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															25.18	24.83	24.93	26.36	24.77

Qingdao Foods Co Tax Rate % Calculation

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

Qingdao Foods 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 )
	=	28.955	/	115.063
	=	25.16 %

Qingdao Foods 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 )
	=	9.44	/	38.104
	=	24.77 %

Qingdao Foods Co Tax Rate % Related Terms

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Qingdao Foods Co (SZSE:001219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Qingdao Foods Co Ltd (SZSE:001219) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

No. 2, Siliu Zhongzhi Road, Licang District, Shandong Province, Qingdao, CHN, 266041

Website

https://www.qdfood.com

Qingdao Foods Co Ltd is engaged in the research and development, production and sales of snack foods such as biscuits and peanut butter.

Qingdao Foods Co (SZSE:001219) Headlines

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