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Tianqi Lithium (FRA:2220) Tax Rate % : 23.59% (As of Sep. 2024)


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What is Tianqi Lithium Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tianqi Lithium's Tax Expense for the three months ended in Sep. 2024 was €50 Mil. Tianqi Lithium's Pre-Tax Income for the three months ended in Sep. 2024 was €211 Mil. Therefore, Tianqi Lithium's Tax Rate % for the quarter that ended in Sep. 2024 was 23.59%.

Tianqi Lithium Tax Rate % Historical Data

The historical data trend for Tianqi Lithium'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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Tianqi Lithium Tax Rate % Chart

Tianqi Lithium Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial -6.76 24.62 22.19 29.28 309.65

Tianqi Lithium Quarterly Data
Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 28.27 -63.75 29.94 23.59 -1.19

Tianqi Lithium Tax Rate % Calculation

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

Tianqi Lithium's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=170.559/55.081
=309.65 %

Tianqi Lithium'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 )
=49.676/210.599
=23.59 %

* 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.

Tianqi Lithium Tax Rate % Related Terms

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Tianqi Lithium Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tianqi Lithium Corp (FRA:2220) » Definitions » Tax Rate %
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HKSE:03939 HKSE:02245 HKSE:01205 HKSE:03833 HKSE:08095 HKSE:01091 HKSE:00769 HKSE:00521 HKSE:02237 HKSE:00166 ASX:BHP ASX:RIO LSE:RIO SAU:1211 LSE:GLEN BSP:VALE3 MEX:GMEXICOB LSE:AAL ASX:FMG MIC:GMKN
Traded in Other Exchanges
09696:Hong Kong 2220:Germany
Address
No.166 Hongliang West 1st Street, Tianfu, Sichuan, Chengdu, CHN
Website
http://www.tianqilithium.com
Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

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