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ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) Tax Rate % : 2.11% (As of Dec. 2024)


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What is ShanDong Swan Cotton Industrial Machinery Stock Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ShanDong Swan Cotton Industrial Machinery Stock Co's Tax Expense for the three months ended in Dec. 2024 was ¥0.6 Mil. ShanDong Swan Cotton Industrial Machinery Stock Co's Pre-Tax Income for the three months ended in Dec. 2024 was ¥29.4 Mil. Therefore, ShanDong Swan Cotton Industrial Machinery Stock Co's Tax Rate % for the quarter that ended in Dec. 2024 was 2.11%.


ShanDong Swan Cotton Industrial Machinery Stock Co Tax Rate % Historical Data

The historical data trend for ShanDong Swan Cotton Industrial Machinery Stock 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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ShanDong Swan Cotton Industrial Machinery Stock Co Tax Rate % Chart

ShanDong Swan Cotton Industrial Machinery Stock Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.03 1.35 -1.14 2.44 4.19

ShanDong Swan Cotton Industrial Machinery Stock Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -8.22 18.15 -20.49 8.07 2.11

ShanDong Swan Cotton Industrial Machinery Stock Co Tax Rate % Calculation

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

ShanDong Swan Cotton Industrial Machinery Stock Co's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=3.029/72.32
=4.19 %

ShanDong Swan Cotton Industrial Machinery Stock Co's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.62/29.433
=2.11 %

* 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.


ShanDong Swan Cotton Industrial Machinery Stock Co Tax Rate % Related Terms

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ShanDong Swan Cotton Industrial Machinery Stock Co Business Description

Traded in Other Exchanges
N/A
Address
NO.99, East Road of Dawei Village, Tianqiao District, Jinan, CHN, 250032
ShanDong Swan Cotton Industrial Machinery Stock Co Ltd is engaged in manufacturing cotton processing machinery. It also manufactures agriculture machinery. Its products can be divided into two categories: ginning equipment and stripping equipment. The ginning equipment mainly includes ginning machine, seed cotton cleaning machine, and lint cleaning machine. The stripping equipment mainly includes a stripping machine.
Executives
Yang Bing Sheng senior management

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