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Meitu (FRA:M5U) Tax Rate % : 11.62% (As of Jun. 2024)


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What is Meitu Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Meitu's Tax Expense for the six months ended in Jun. 2024 was €5.1 Mil. Meitu's Pre-Tax Income for the six months ended in Jun. 2024 was €44.0 Mil. Therefore, Meitu's Tax Rate % for the quarter that ended in Jun. 2024 was 11.62%.

Meitu Tax Rate % Historical Data

The historical data trend for Meitu'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.

* Premium members only.

Meitu Tax Rate % Chart

Meitu Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.68 -66.55 -608.23 89.22 16.36

Meitu Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.27 30.59 11.45 22.12 11.62

Meitu Tax Rate % Calculation

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

Meitu'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 )
=9.204/56.262
=16.36 %

Meitu's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=5.114/44.007
=11.62 %

* 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.

Meitu Tax Rate % Related Terms

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Meitu Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meitu Inc (FRA:M5U) » Definitions » Tax Rate %
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Traded in Other Exchanges
MEIUF:USA 01357:Hong Kong
Address
No. 2557 Binhai West Avenue, Meitu Tower, Building 2, Meifeng Innovation Valley, Tong’an District, Fujian Province, Xiamen, CHN
Website
https://www.meitu.com
Meitu Inc is an investment holding company. It is engaged in the provision of online advertising and other Internet value-added services by offering a portfolio of photo and community apps that enjoys popularity in the PRC and overseas and the smart hardware business involving the production of MeituEve: a commercial artificial intelligence skin analyser, MeituKey: a contact skin analyser, MeituSpa: an artificial intelligence cleansing brush and Meitu Genius: an artificial intelligence smart mirror.

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