SmartHeat (FRA:S2TN) Tax Rate %: 9.88% (As of Jun. 2022)

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What is SmartHeat Tax Rate %?

SmartHeat FRA:S2TN Tax Rate % is 9.88% as of Jun. 2022. The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SmartHeat's Tax Expense for the three months ended in Jun. 2022 was €-0.02 Mil. SmartHeat's Pre-Tax Income for the three months ended in Jun. 2022 was €-0.17 Mil. Therefore, SmartHeat's Tax Rate % for the quarter that ended in Jun. 2022 was 9.88%.

SmartHeat Tax Rate % Related Terms

SmartHeat Tax Rate % Historical Data

* Premium members only.

The historical data trend for SmartHeat'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.

SmartHeat Tax Rate % Chart

SmartHeat Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 15.01 -223.53 -62.60 -4.40

SmartHeat Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 22.45 -2.28 -1.43 0.00 9.88

SmartHeat Tax Rate % Calculation

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

SmartHeat's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=0.162/-3.685
=-4.40 %

SmartHeat's Tax Rate % for the quarter that ended in Jun. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2022 )/Pre-Tax Income (Q: Jun. 2022 )
=-0.017/-0.172
=9.88 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 9.88% mean?
SmartHeat (FRA:S2TN) has a Tax Rate % of 9.88% as of Jun. 2022.
Is SmartHeat's Tax Rate % too high?
SmartHeat's current Tax Rate % is 9.88%.
How does SmartHeat's Tax Rate % compare to ATYG and GRST?
SmartHeat's Tax Rate % of 9.88% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Chemicals company?
A good Tax Rate % depends on the Chemicals industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. SmartHeat's current Tax Rate % is 9.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartHeat stock overvalued right now?
SmartHeat (FRA:S2TN) has a current Tax Rate % of 9.88%. The current Tax Rate % is 9.88%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For SmartHeat (FRA:S2TN), the current Tax Rate % is 9.88% as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SmartHeat Business Description

Address 60 East Ren-Min Road, Xai Xi County, Qing Hai Province, Da-Chai Dan, CHN, 817000
Lithium & Boron Technology Inc is a Chinese boric acid manufacturing company. The company focuses on the comprehensive development and utilization of salt lake resources and product research and development, and is a resource-based enterprise integrating boron ore mining, boric acid production, deep processing of borate compounds, and production and sales of industrial salt.