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LOT (Lotus Technology) Tax Rate % : -0.39% (As of Sep. 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 Sep. 2024 was $1 Mil. Lotus Technology's Pre-Tax Income for the three months ended in Sep. 2024 was $-205 Mil. Therefore, Lotus Technology's Tax Rate % for the quarter that ended in Sep. 2024 was -0.39%.

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 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.79 0.11 -0.06 -0.11 -0.39

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 )
=1.113/-749.142
=-0.15 %

Lotus Technology'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 )
=0.8/-205.468
=-0.39 %

* 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.

Lotus Technology Tax Rate % Related Terms

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Lotus Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lotus Technology Inc (NAS:LOT) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
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. It also provides other sales and ancillary services to customers.