Sumec (SHSE:600710) Tax Rate %: 23.66% (As of Mar. 2026)

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SHSE:600710 Sumec Corp Ltd SHSE:600710
79 GF Score
Price ¥10.16
GF Value ¥9.67
Valuation Fairly Valued
! 2 Warning Signs
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What is Sumec Tax Rate %?

Sumec SHSE:600710 -0.49% 79 Tax Rate % is 23.66% as of Mar. 2026. GuruFocus rates SHSE:600710 with a GF Score™ of 79/100 and a GF Value™ of ¥9.67 (Fairly Valued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sumec's Tax Expense for the three months ended in Mar. 2026 was ¥235 Mil. Sumec's Pre-Tax Income for the three months ended in Mar. 2026 was ¥995 Mil. Therefore, Sumec's Tax Rate % for the quarter that ended in Mar. 2026 was 23.66%.

Sumec Tax Rate % Related Terms

Sumec Tax Rate % Historical Data

* Premium members only.

The historical data trend for Sumec'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.

Sumec Tax Rate % Chart

Sumec Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.36 23.90 21.64 21.62 18.16

Sumec Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 18.53 18.99 15.74 19.65 23.66
SHSE:600710
79GF Score
Sumec Corp Ltd SHSE:600710
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sumec Tax Rate % Calculation

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

Sumec's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=808.454/4451.135
=18.16 %

Sumec's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=235.291/994.52
=23.66 %

* 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 23.66% mean?
Sumec (SHSE:600710) has a Tax Rate % of 23.66% as of Mar. 2026.
Is Sumec's Tax Rate % too high?
Sumec's current Tax Rate % is 23.66%. Overall, Sumec has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sumec's Tax Rate % compare to CAT and DE?
Sumec's Tax Rate % of 23.66% can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Tax Rate % depends on the Farm & Heavy Construction Machinery 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. Sumec's current Tax Rate % is 23.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumec stock overvalued right now?
Based on GuruFocus' analysis, Sumec (SHSE:600710) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.67, compared to a current price of ¥10.16 — trading 5.1% above its estimated fair value. The current Tax Rate % is 23.66%. Sumec's overall GF Score™ is 79/100 with 2 warning signs to review. 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 Sumec (SHSE:600710), the current Tax Rate % is 23.66% as of Mar. 2026. 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.

Is Sumec (SHSE:600710) Overvalued in 2026?

Based on GuruFocus' analysis, Sumec stock appears to be overvalued. The current stock price of ¥10.16 is trading 5.1% above its estimated GF Value™ of ¥9.67. GuruFocus considers Sumec to be Fairly Valued.

Key valuation signals for SHSE:600710:

  • Tax Rate %: 23.66%
  • GF Value™: ¥9.67 vs. price of ¥10.16 (5.1% above fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600710 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sumec Business Description

Address Changjiang Road, SUMEC Building, No. 198, Xuanwu District, Nanjing, CHN, 210018
Sumec Corp Ltd is engaged in trade and service, engineering contracting, and investment and development. The trade and service cover import and export of the bulk commodities including gardening instruments, electric tools, high-pressure washer, power generation equipment, garment, household textiles, automobile parts, medical devices, and others. Engineering contracting includes environmental engineering, energy engineering, and marine engineering; investment development includes strategic investment, industrial investment, project investment and financial investment.
79GF Score

Get the complete analysis for SHSE:600710

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥10.16
Price
¥9.67
GF Value