Shanghai Huafon Aluminium (SHSE:601702) Tax Rate % : 14.13% (As of Mar. 2024)

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What is Shanghai Huafon Aluminium Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shanghai Huafon Aluminium's Tax Expense for the three months ended in Mar. 2024 was ¥42 Mil. Shanghai Huafon Aluminium's Pre-Tax Income for the three months ended in Mar. 2024 was ¥295 Mil. Therefore, Shanghai Huafon Aluminium's Tax Rate % for the quarter that ended in Mar. 2024 was 14.13%.

Shanghai Huafon Aluminium Tax Rate % Historical Data

The historical data trend for Shanghai Huafon Aluminium'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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Shanghai Huafon Aluminium Tax Rate % Chart

Shanghai Huafon Aluminium Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.40

8.49

9.22

7.78

11.28

Shanghai Huafon Aluminium 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															14.31	8.68	11.43	11.49	14.13

Shanghai Huafon Aluminium Tax Rate % Calculation

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

Shanghai Huafon Aluminium'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 )
	=	114.369	/	1013.597
	=	11.28 %

Shanghai Huafon Aluminium'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 )
	=	41.736	/	295.309
	=	14.13 %

Shanghai Huafon Aluminium Tax Rate % Related Terms

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Shanghai Huafon Aluminium (SHSE:601702) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shanghai Huafon Aluminium Corp (SHSE:601702) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

1111 Yuegong Road, Jinshan District, Shanghai, CHN, 201506

Website

http://www.huafonal.com

Shanghai Huafon Aluminium Corp is engaged in production and sales of aluminum sheet, strip and foil. The company's products include brazed heat exchangers material; water tanks, heaters, air coolers; condenser; evaporator, heater, oil cooler; and Other Industrial Products Materials. Its products line covers all kinds of alloyed material and specifications which is widely used in the automobile and construction machinery and equipment cooling systems, power station cooling system, micro-channel cooler and all kinds of both commercial and residential air-conditioners. It also processes all kinds of aluminum products processing 1,3,4,5,7 series, which are widely used in transportation construction, food packaging, electronics information industry and other fields.

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