Ningbo Water Meter (Group) Co (SHSE:603700) Tax Provision: ¥-0 Mil (TTM As of Jun. 2026)

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SHSE:603700 Ningbo Water Meter (Group) Co Ltd SHSE:603700
73 GF Score
Price ¥11.73
GF Value ¥14.07
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ningbo Water Meter (Group) Co Tax Provision?

Ningbo Water Meter (Group) Co SHSE:603700 +4.83% 73 Tax Provision is ¥-0 Mil as of Jun. 2026. GuruFocus rates SHSE:603700 with a GF Score™ of 73/100 and a GF Value™ of ¥14.07 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Ningbo Water Meter (Group) Co's tax provision for the three months ended in Jun. 2026 was ¥-3 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2026 was ¥-0 Mil.

Ningbo Water Meter (Group) Co Tax Provision Historical Data

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The historical data trend for Ningbo Water Meter (Group) Co's Tax Provision 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.

Ningbo Water Meter (Group) Co Tax Provision Chart

Ningbo Water Meter (Group) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.93 -16.37 -15.31 -4.05 -2.60

Ningbo Water Meter (Group) Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Provision 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 -3.62 -1.05 5.03 -1.09 -3.25
SHSE:603700
73GF Score
Ningbo Water Meter (Group) Co Ltd SHSE:603700
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Water Meter (Group) Co Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of ¥-0 Mil mean?
Ningbo Water Meter (Group) Co (SHSE:603700) has a Tax Provision of ¥-0 Mil as of Jun. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Ningbo Water Meter (Group) Co and its competitors.
Is Ningbo Water Meter (Group) Co's Tax Provision too high?
Ningbo Water Meter (Group) Co's current Tax Provision is ¥-0 Mil. Overall, Ningbo Water Meter (Group) Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Water Meter (Group) Co's Tax Provision compare to VRT and BE?
Ningbo Water Meter (Group) Co's Tax Provision of ¥-0 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for an Industrial Products company?
A good Tax Provision depends on the Industrial Products industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Ningbo Water Meter (Group) Co and its competitors. Ningbo Water Meter (Group) Co's current Tax Provision is ¥-0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Water Meter (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co (SHSE:603700) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.07, compared to a current price of ¥11.73 — trading 16.6% below its estimated fair value. The current Tax Provision is ¥-0 Mil. Ningbo Water Meter (Group) Co's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Ningbo Water Meter (Group) Co (SHSE:603700), the current Tax Provision is ¥-0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ningbo Water Meter (Group) Co (SHSE:603700) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co stock appears to be undervalued. The current stock price of ¥11.73 is trading 16.6% below its estimated GF Value™ of ¥14.07. GuruFocus considers Ningbo Water Meter (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:603700:

  • Tax Provision: ¥-0 Mil
  • GF Value™: ¥14.07 vs. price of ¥11.73 (16.6% below fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Water Meter (Group) Co Business Description

Address No. 355, Hongxing Road, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315033
Ningbo Water Meter (Group) Co Ltd is engaged in manufacturing water meters. The product portfolio includes liquid sealed water meters, volumetric rotary piston water meter, manual batch control water meter, multi-jet dry type water meter and others.
73GF Score

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Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥11.73
Price
¥14.07
GF Value