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Hangzhou Advance Gearbox Group Co (SHSE:601177) Tax Rate % : 0.36% (As of Mar. 2024)


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What is Hangzhou Advance Gearbox Group Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hangzhou Advance Gearbox Group Co's Tax Expense for the three months ended in Mar. 2024 was ¥0 Mil. Hangzhou Advance Gearbox Group Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥54 Mil. Therefore, Hangzhou Advance Gearbox Group Co's Tax Rate % for the quarter that ended in Mar. 2024 was 0.36%.

Hangzhou Advance Gearbox Group Co Tax Rate % Historical Data

The historical data trend for Hangzhou Advance Gearbox 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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Hangzhou Advance Gearbox Group Co Tax Rate % Chart

Hangzhou Advance Gearbox 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 10.14 22.44 3.53 0.60 1.50

Hangzhou Advance Gearbox 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 0.94 2.74 1.39 0.92 0.36

Hangzhou Advance Gearbox Group Co Tax Rate % Calculation

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

Hangzhou Advance Gearbox 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 )
=3.312/220.866
=1.50 %

Hangzhou Advance Gearbox 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 )
=0.195/54.033
=0.36 %

* 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.

Hangzhou Advance Gearbox Group Co Tax Rate % Related Terms

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Hangzhou Advance Gearbox Group Co (SHSE:601177) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Advance Gearbox Group Co Ltd (SHSE:601177) » Definitions » Tax Rate %
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SHSE:601218 SHSE:601956 SZSE:300173 SHSE:603339 SZSE:300092 SZSE:301548 SZSE:300540 SHSE:600579 SZSE:300853 SHSE:603507 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
No. 45, Xiaojin Road, Xiaoshan, Zhejiang, CHN, 311203
Website
http://www.chinaadvance.com
Hangzhou Advance Gearbox Group Co Ltd is engaged in the design and manufacture of gear transmissions and powder metallurgy products. The product types offered by the company include marine products, engineering products, automotive products, wind power products, industrial transmission products, and agricultural machinery products.

Hangzhou Advance Gearbox Group Co (SHSE:601177) Headlines

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