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Ningbo Energy Group Co (SHSE:600982) Tax Rate % : -32.94% (As of Mar. 2024)


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What is Ningbo Energy Group Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ningbo Energy Group Co's Tax Expense for the three months ended in Mar. 2024 was ¥-10 Mil. Ningbo Energy Group Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥30 Mil. Therefore, Ningbo Energy Group Co's Tax Rate % for the quarter that ended in Mar. 2024 was -32.94%.

Ningbo Energy Group Co Tax Rate % Historical Data

The historical data trend for Ningbo Energy 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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Ningbo Energy Group Co Tax Rate % Chart

Ningbo Energy 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 24.62 15.83 4.92 12.81 3.14

Ningbo Energy Group 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 -112.56 -2.55 -34.34 23.14 -32.94

Ningbo Energy Group Co Tax Rate % Calculation

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

Ningbo Energy 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 )
=14.562/464.015
=3.14 %

Ningbo Energy Group 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 )
=-9.929/30.143
=-32.94 %

* 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.

Ningbo Energy Group Co Tax Rate % Related Terms

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Ningbo Energy Group Co (SHSE:600982) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ningbo Energy Group Co Ltd (SHSE:600982) » Definitions » Tax Rate %
Comparable Companies
SZSE:300982 SHSE:600758 SZSE:000601 SHSE:600505 SHSE:600644 SHSE:600292 SHSE:600979 SZSE:000534 SZSE:000037 SZSE:002479 NEE SO DUK LSE:NG. PCG AEP D BOM:532555 PEG EXC
Traded in Other Exchanges
N/A
Address
Ningbo Economic and Technological Development Zone, Dagang Industrial City, Zhejiang Province, Ningbo, CHN, 315042
Website
http://www.nbtp.com.cn
Ningbo Energy Group Co Ltd is a China-based electricity producer. The company is engaged in the generation and distribution of electricity, heat, and ash. Its main business is cogeneration. The company conducts its business mainly in Beilun Chunxiao area and part of the heating area of Beilun City, Jinhua Jinxi Development Zone, and Yujiao Huangjiatun Town.

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