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Wolong Electric Group Co (SHSE:600580) Tax Rate % : 17.32% (As of Sep. 2024)


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What is Wolong Electric Group Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wolong Electric Group Co's Tax Expense for the three months ended in Sep. 2024 was ¥56 Mil. Wolong Electric Group Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥325 Mil. Therefore, Wolong Electric Group Co's Tax Rate % for the quarter that ended in Sep. 2024 was 17.32%.


Wolong Electric Group Co Tax Rate % Historical Data

The historical data trend for Wolong Electric Group Co'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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Wolong Electric Group Co Tax Rate % Chart

Wolong Electric Group Co 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 15.05 13.81 17.75 16.05 27.95

Wolong Electric Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 13.12 -17.71 15.23 7.27 17.32

Wolong Electric Group Co Tax Rate % Calculation

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

Wolong Electric Group Co'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 )
=214.515/767.393
=27.95 %

Wolong Electric Group Co'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 )
=56.29/324.93
=17.32 %

* 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.


Wolong Electric Group Co Tax Rate % Related Terms

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Wolong Electric Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1801 Renmin West Road, Shangyu, Zhejiang, CHN, 312300
Wolong Electric Group Co Ltd is engaged in the development, manufacture and sales of motors, electronic-controlled devices, power transmission and transformation equipment, electro-mechanical and power products in China.
Executives
Zheng Yan Wen Director
Zhang Wen Gang Director
Zhang Hong Xin Director
Zhu Ya Juan Director
Wu Jian Bo Director
Li Ming Director
Wan Chuang Qi Director
Pang Xin Yuan Director
Wang Jian Qiao Director
Zheng Li Juan senior management
Liu Hong Qi Director
Ni Yu Tai senior management
Yan Wei Can senior management
Chen Ti Yin Supervisors
Qiu Yue Director

Wolong Electric Group Co Headlines

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