Wuxi New Hongtai Electrical Technology Co (SHSE:603016) Tax Rate % : 16.69% (As of Mar. 2024)

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What is Wuxi New Hongtai Electrical Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wuxi New Hongtai Electrical Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥3.2 Mil. Wuxi New Hongtai Electrical Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥19.5 Mil. Therefore, Wuxi New Hongtai Electrical Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 16.69%.

Wuxi New Hongtai Electrical Technology Co Tax Rate % Historical Data

The historical data trend for Wuxi New Hongtai Electrical Technology 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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Wuxi New Hongtai Electrical Technology Co Tax Rate % Chart

Wuxi New Hongtai Electrical Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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12.70

12.11

8.84

9.81

10.75

Wuxi New Hongtai Electrical Technology 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															13.06	3.76	8.19	17.48	16.69

Wuxi New Hongtai Electrical Technology Co Tax Rate % Calculation

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

Wuxi New Hongtai Electrical Technology 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 )
	=	8.96	/	83.341
	=	10.75 %

Wuxi New Hongtai Electrical Technology 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 )
	=	3.249	/	19.461
	=	16.69 %

Wuxi New Hongtai Electrical Technology Co Tax Rate % Related Terms

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Wuxi New Hongtai Electrical Technology Co (SHSE:603016) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wuxi New Hongtai Electrical Technology Co Ltd (SHSE:603016) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

No.18 Yanxin Road, Yanqiao Town, Huishan District, Jiangsu, Wuxi, CHN, 214174

Website

http://www.newhongtai.com

Wuxi New Hongtai Electrical Technology Co Ltd is engaged in the development, production, and sale of electronic components including circuit breakers, low-voltage circuit breakers and fuse switch knife. Its main products include low voltage circuit breakers and circuit breakers, BMC/SMC molded insulating materials and products, micro motors and electric operating mechanisms, knife fuse switches.

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