Zhejiang Zhenshi New Materials Co (SHSE:601112) Tax Rate %: 11.25% (As of Jun. 2026)

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SHSE:601112 Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
16 GF Score
Price ¥16.11
! 3 Warning Signs
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What is Zhejiang Zhenshi New Materials Co Tax Rate %?

Zhejiang Zhenshi New Materials Co SHSE:601112 +3.40% 16 Tax Rate % is 11.25% as of Jun. 2026. GuruFocus rates SHSE:601112 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zhejiang Zhenshi New Materials Co's Tax Expense for the three months ended in Jun. 2026 was ¥34 Mil. Zhejiang Zhenshi New Materials Co's Pre-Tax Income for the three months ended in Jun. 2026 was ¥298 Mil. Therefore, Zhejiang Zhenshi New Materials Co's Tax Rate % for the quarter that ended in Jun. 2026 was 11.25%.

Zhejiang Zhenshi New Materials Co Tax Rate % Related Terms

Zhejiang Zhenshi New Materials Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for Zhejiang Zhenshi New Materials 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.

Zhejiang Zhenshi New Materials Co Tax Rate % Chart

Zhejiang Zhenshi New Materials Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Tax Rate %
15.76 13.31 14.85 14.10

Zhejiang Zhenshi New Materials Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.60 12.72 13.46 18.42 11.25
SHSE:601112
16GF Score
Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Zhenshi New Materials Co Tax Rate % Calculation

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

Zhejiang Zhenshi New Materials Co'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 )
=120.569/854.993
=14.10 %

Zhejiang Zhenshi New Materials Co's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=33.544/298.09
=11.25 %

* 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 11.25% mean?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a Tax Rate % of 11.25% as of Jun. 2026.
Is Zhejiang Zhenshi New Materials Co's Tax Rate % too high?
Zhejiang Zhenshi New Materials Co's current Tax Rate % is 11.25%. Overall, Zhejiang Zhenshi New Materials Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhenshi New Materials Co's Tax Rate % compare to GEV and ETN?
Zhejiang Zhenshi New Materials Co's Tax Rate % of 11.25% can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Tax Rate % depends on the Industrial Products 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. Zhejiang Zhenshi New Materials Co's current Tax Rate % is 11.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhenshi New Materials Co stock overvalued right now?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a current Tax Rate % of 11.25%. The current Tax Rate % is 11.25%. Zhejiang Zhenshi New Materials Co's overall GF Score™ is 16/100 with 3 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 Zhejiang Zhenshi New Materials Co (SHSE:601112), the current Tax Rate % is 11.25% as of Jun. 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.

Zhejiang Zhenshi New Materials Co Business Description

Address No. 1 Guangyun South Road, Tongxiang Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500
Zhejiang Zhenshi New Materials Co Ltd is engaged in the research and development, production, and sale of fiber reinforcement materials for clean energy applications. Its activities include the manufacturing and sale of fiberglass, glass fiber reinforced plastic products, high-performance fibers and composites, as well as related power electronic components. The company specializes in the research and development, production and sales of high-performance fiber weaving, thermosetting and thermoplastic composite products. The products are used in new energy wind power, solar photovoltaic, new energy vehicles, transportation, building materials and home furnishings.
16GF Score

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

¥16.11
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