Minth Group (FRA:M3I) Tax Rate % : 15.30% (As of Dec. 2023)

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What is Minth Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Minth Group's Tax Expense for the six months ended in Dec. 2023 was €25 Mil. Minth Group's Pre-Tax Income for the six months ended in Dec. 2023 was €162 Mil. Therefore, Minth Group's Tax Rate % for the quarter that ended in Dec. 2023 was 15.30%.

Minth Group Tax Rate % Historical Data

The historical data trend for Minth Group'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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Minth Group Tax Rate % Chart

Minth Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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16.00

12.90

14.43

13.98

15.18

Minth Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															15.87	14.88	13.25	15.03	15.30

Minth Group Tax Rate % Calculation

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

Minth Group'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 )
	=	45.14	/	297.371
	=	15.18 %

Minth Group'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 )
	=	24.751	/	161.722
	=	15.30 %

Minth Group Tax Rate % Related Terms

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Minth Group (FRA:M3I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Minth Group Ltd (FRA:M3I) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MNTHY:USA MNTHF:USA 00425:Hong Kong M3I:Germany

Address

No. 1 Yazhong Road, Nanhu District, Zhejiang Province, Jiaxing, CHN, 314006

Website

http://www.minthgroup.com

Minth Group Ltd is an investment holding company with its subsidiaries engaged in the design, manufacturing, processing, developing, and sales of automobile body parts and moulds for passenger cars. It operates in five segments: Aluminium, Plastic, Battery housing, Metal & Trim, and Others. Some of its products consist of trims, decorative parts, body-structural parts, seat frame systems, roof racks, and others. Its geographical operations are located in the PRC, the United States of America (the USA), Japan, Thailand, Germany, Serbia, and Mexico.

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