Tianye Innovation (BJSE:832023) Tax Rate % : 26.61% (As of Sep. 2024)

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What is Tianye Innovation Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tianye Innovation's Tax Expense for the three months ended in Sep. 2024 was ¥1.7 Mil. Tianye Innovation's Pre-Tax Income for the three months ended in Sep. 2024 was ¥6.3 Mil. Therefore, Tianye Innovation's Tax Rate % for the quarter that ended in Sep. 2024 was 26.61%.

Tianye Innovation Tax Rate % Historical Data

The historical data trend for Tianye Innovation'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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Tianye Innovation Tax Rate % Chart

Tianye Innovation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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5.30

12.82

9.88

9.90

8.66

Tianye Innovation Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															32.15	-6.48	5.59	11.36	26.61

Tianye Innovation Tax Rate % Calculation

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

Tianye Innovation'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 )
	=	3.163	/	36.541
	=	8.66 %

Tianye Innovation's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	1.677	/	6.302
	=	26.61 %

Tianye Innovation Tax Rate % Related Terms

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Tianye Innovation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tianye Innovation Corp (BJSE:832023) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Chuangye Avenue, Industrial Park, Hepu County, Guangxi Zhuang Autonomous Region, Beihai City, CHN, 536100

Website

http://www.tygfny.cn

Tianye Innovation Corp engages in research and development, production, and sales of tropical fruit and vegetable raw material products. Its product range consists NFC frozen powder, juice series, Juice Concentrate, Frozen block, diced series, Preserved fruit freeze-dried series, Beverage series, and Fresh Fruit Series.

Tianye Innovation Headlines

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