Lotus Technology (FRA:5EP) Tax Rate % : -0.06% (As of Mar. 2024)

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What is Lotus Technology Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lotus Technology's Tax Expense for the three months ended in Mar. 2024 was €0.1 Mil. Lotus Technology's Pre-Tax Income for the three months ended in Mar. 2024 was €-237.4 Mil. Therefore, Lotus Technology's Tax Rate % for the quarter that ended in Mar. 2024 was -0.06%.

Lotus Technology Tax Rate % Historical Data

The historical data trend for Lotus Technology'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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Lotus Technology Tax Rate % Chart

Lotus Technology Annual Data

Trend

Dec21

Dec22

Dec23

Tax Rate %

-1.71

-0.04

-0.15

Lotus Technology Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial			-0.04	0.06	-0.04	-	-0.06

Lotus Technology Tax Rate % Calculation

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

Lotus Technology'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 )
	=	1.021	/	-686.963
	=	-0.15 %

Lotus Technology'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 )
	=	0.131	/	-237.436
	=	-0.06 %

Lotus Technology Tax Rate % Related Terms

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Lotus Technology (FRA:5EP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lotus Technology Inc (FRA:5EP) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

LOT:USA

Address

No. 800 Century Avenue, Pudong District, Shanghai, CHN, 200120

Website

https://www.group-lotus.com

Lotus Technology Inc is a battery electric vehicle (BEV) maker that designs, develops, and sells BEV lifestyle vehicles under the Lotus brand. The Group is also a distributor that sells luxury sports cars under the Lotus brand.

Lotus Technology (FRA:5EP) Headlines

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