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Shenzhen MTC Co (SZSE:002429) Tax Rate % : 5.14% (As of Mar. 2024)


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What is Shenzhen MTC Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shenzhen MTC Co's Tax Expense for the three months ended in Mar. 2024 was ¥25 Mil. Shenzhen MTC Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥478 Mil. Therefore, Shenzhen MTC Co's Tax Rate % for the quarter that ended in Mar. 2024 was 5.14%.


Shenzhen MTC Co Tax Rate % Historical Data

The historical data trend for Shenzhen MTC 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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Shenzhen MTC Co Tax Rate % Chart

Shenzhen MTC 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 6.09 6.90 26.15 2.24 3.53

Shenzhen MTC 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 0.14 5.34 1.12 9.10 5.14

Shenzhen MTC Co Tax Rate % Calculation

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

Shenzhen MTC 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 )
=60.406/1709.815
=3.53 %

Shenzhen MTC 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 )
=24.583/478.42
=5.14 %

* 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.


Shenzhen MTC Co Tax Rate % Related Terms

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Shenzhen MTC Co (SZSE:002429) Business Description

Traded in Other Exchanges
N/A
Address
Pengzhou Industrial Zone, Fuyong Street, Futian District, Shenzhen, Guangdong, CHN, 518103
Shenzhen MTC Co Ltd is a China-based company that manufactures and designs LCD TVs, set-top boxes, LED components and components, network communications terminals and internet entertainment products.

Shenzhen MTC Co (SZSE:002429) Headlines

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