Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Tax Rate % : 49.69% (As of Mar. 2024)

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What is Hefei Metalforming Intelligent Manufacturing Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hefei Metalforming Intelligent Manufacturing Co's Tax Expense for the three months ended in Mar. 2024 was ¥5 Mil. Hefei Metalforming Intelligent Manufacturing Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥11 Mil. Therefore, Hefei Metalforming Intelligent Manufacturing Co's Tax Rate % for the quarter that ended in Mar. 2024 was 49.69%.

Hefei Metalforming Intelligent Manufacturing Co Tax Rate % Historical Data

The historical data trend for Hefei Metalforming Intelligent Manufacturing 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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Hefei Metalforming Intelligent Manufacturing Co Tax Rate % Chart

Hefei Metalforming Intelligent Manufacturing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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9.27

-4.56

2.96

36.62

75.49

Hefei Metalforming Intelligent Manufacturing 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															10.47	6.95	-9.57	-357.08	49.69

Hefei Metalforming Intelligent Manufacturing Co Tax Rate % Calculation

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

Hefei Metalforming Intelligent Manufacturing 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 )
	=	47.574	/	63.021
	=	75.49 %

Hefei Metalforming Intelligent Manufacturing 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 )
	=	5.35	/	10.766
	=	49.69 %

Hefei Metalforming Intelligent Manufacturing Co Tax Rate % Related Terms

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Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hefei Metalforming Intelligent Manufacturing Co Ltd (SHSE:603011) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hefei Economic and Technological Development Zone, Ziyun Road 123, Hefei, CHN

Website

http://www.hfpress.com

Hefei Metalforming Intelligent Manufacturing Co Ltd is engaged in the manufacturing of hydraulic press, mechanical press and other intelligent forming equipment and industrial automation equipment. The company's products and services offerings include Precision drop forging hydraulic press, Pipe straightening machine, Elbow forging hydraulic press, Door plank automatic production line, Internal high pressure forming equipment and others. It provides its solutions to Metal forming field, a Non-metal material forming, Vessal field, Aerospace field, Automobile manufacturing field, Light industry and home, Petrochemical pipe fittings field, Rail transportation field, and others.

Executives

Zhang Lan Jun	senior management
Wang Yu Shan	senior management
Zhang An Ping	Director
Li Gui Shan	senior management
Han Xiao Feng	Director
Wang Xiao Feng	Director
Sun Ge	senior management
Wang Lei	Director
Li Hui	senior management
Shi Jian Wei	senior management
Yan Jian Wen	Director

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