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Morimatsu International Holdings Co (FRA:1S5) Tax Rate % : 13.61% (As of Dec. 2023)


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What is Morimatsu International Holdings Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Morimatsu International Holdings Co's Tax Expense for the six months ended in Dec. 2023 was €8.5 Mil. Morimatsu International Holdings Co's Pre-Tax Income for the six months ended in Dec. 2023 was €62.7 Mil. Therefore, Morimatsu International Holdings Co's Tax Rate % for the quarter that ended in Dec. 2023 was 13.61%.

Morimatsu International Holdings Co Tax Rate % Historical Data

The historical data trend for Morimatsu International Holdings 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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Morimatsu International Holdings Co Tax Rate % Chart

Morimatsu International Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 15.11 15.24 14.99 12.45 14.40

Morimatsu International Holdings Co Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 15.12 11.34 13.35 15.19 13.61

Morimatsu International Holdings Co Tax Rate % Calculation

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

Morimatsu International Holdings 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 )
=18.209/126.416
=14.40 %

Morimatsu International Holdings Co's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=8.526/62.66
=13.61 %

* 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.

Morimatsu International Holdings Co Tax Rate % Related Terms

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Morimatsu International Holdings Co (FRA:1S5) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Morimatsu International Holdings Co Ltd (FRA:1S5) » Definitions » Tax Rate %
Comparable Companies
HKSE:00558 HKSE:02285 HKSE:01133 HKSE:01286 HKSE:00658 HKSE:01665 HKSE:02722 HKSE:01597 HKSE:09882 HKSE:00057 GE XTER:SIE XPAR:SU ETN ITW XKRX:373220 OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
02155:Hong Kong
Address
No. 29 Jinwen Road, Pudong New District, Zhuqiao Town, Shanghai, CHN, 201323
Website
http://www.morimatsu-online.com
Morimatsu International Holdings Co Ltd is a pressure equipment manufacturer and comprehensive pressure equipment solution provider in China. It offers traditional pressure equipment, modular pressure equipment, and pressure equipment-related value-added services. Geographically, the group has a presence in China, North America, Asia, Europe, Africa, and others, from which the majority of revenue derives from China.

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