Triangle Tyre Co (SHSE:601163) Tax Rate % : 10.21% (As of Sep. 2023)

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What is Triangle Tyre Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Triangle Tyre Co's Tax Expense for the three months ended in Sep. 2023 was ¥51 Mil. Triangle Tyre Co's Pre-Tax Income for the three months ended in Sep. 2023 was ¥501 Mil. Therefore, Triangle Tyre Co's Tax Rate % for the quarter that ended in Sep. 2023 was 10.21%.

Triangle Tyre Co Tax Rate % Historical Data

The historical data trend for Triangle Tyre 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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Triangle Tyre Co Tax Rate % Chart

Triangle Tyre Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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13.25

13.46

13.31

11.69

11.43

Triangle Tyre Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Tax Rate %	Get a 7-Day Free Trial															5.44	12.74	15.98	14.53	10.21

Triangle Tyre Co Tax Rate % Calculation

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

Triangle Tyre Co's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	95.143	/	832.425
	=	11.43 %

Triangle Tyre Co's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	51.106	/	500.78
	=	10.21 %

Triangle Tyre Co Tax Rate % Related Terms

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Triangle Tyre Co (SHSE:601163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Triangle Tyre Co Ltd (SHSE:601163) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

56 Middle Qingdao Road, Shandong Province, Weihai, CHN, 264200

Website

http://www.triangle.com.cn

Triangle Tyre Co Ltd is a tire manufacturing company. Its range of products covers commercial tires, passenger tires, bias OTR tires, radial OTR tires, jumbo OTR tires and others. It holds enormous foreign and Chinese patent portfolio and plays the key role in setting national and professional tire industry standards. Further, it has built a global partnership with various brands such as Caterpillar, Terex, Doosan, Hyundai and Volvo and others. Geographically, its presence is seen in both Chinese and international market.

Triangle Tyre Co (SHSE:601163) Headlines

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