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Triumph New Energy Co (SHSE:600876) Tax Rate % : 75.14% (As of Mar. 2024)


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What is Triumph New Energy Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Triumph New Energy Co's Tax Expense for the three months ended in Mar. 2024 was ¥4 Mil. Triumph New Energy Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥5 Mil. Therefore, Triumph New Energy Co's Tax Rate % for the quarter that ended in Mar. 2024 was 75.14%.

Triumph New Energy Co Tax Rate % Historical Data

The historical data trend for Triumph New Energy 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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Triumph New Energy Co Tax Rate % Chart

Triumph New Energy 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 20.97 12.94 5.63 2.36 7.29

Triumph New Energy Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 21.35 4.80 14.83 3.56 75.14

Triumph New Energy Co Tax Rate % Calculation

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

Triumph New Energy 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 )
=36.556/501.374
=7.29 %

Triumph New Energy Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=3.655/4.864
=75.14 %

* 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.

Triumph New Energy Co Tax Rate % Related Terms

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Triumph New Energy Co (SHSE:600876) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Triumph New Energy Co Ltd (SHSE:600876) » Definitions » Tax Rate %
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Traded in Other Exchanges
01108:Hong Kong LUG:Germany
Address
No. 9, Tang Gong Zhong Lu, Xigong District, Henan Province, Luoyang, CHN, 471009
Website
http://www.zhglb.com
Triumph New Energy Co Ltd formerly Luoyang Glass Co Ltd is a float glass manufacturing company. It manufactures ultra-thin float glass in the series of 0.12mm-2.0mm in China. The ultra-thin glass substrate is used for displaying, touching, window protection and functions in the panel display devices and touch equipment. The company generates revenue from production and sales of float sheet glass, and sale of raw materials to produce float sheet glass. Its business segments are namely information display glass, new energy glass and Other functional glass.

Triumph New Energy Co (SHSE:600876) Headlines

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