Chongqing Wangbian Electric (Group)Corp (SHSE:603191) Tax Rate %: -34.50% (As of Jun. 2026)

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SHSE:603191 Chongqing Wangbian Electric (Group)Corp Ltd SHSE:603191
86 GF Score
Price ¥15.04
GF Value ¥19.36
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Chongqing Wangbian Electric (Group)Corp Tax Rate %?

Chongqing Wangbian Electric (Group)Corp SHSE:603191 +4.37% 86 Tax Rate % is -34.50% as of Jun. 2026. GuruFocus rates SHSE:603191 with a GF Score™ of 86/100 and a GF Value™ of ¥19.36 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Chongqing Wangbian Electric (Group)Corp's Tax Expense for the three months ended in Jun. 2026 was ¥-2 Mil. Chongqing Wangbian Electric (Group)Corp's Pre-Tax Income for the three months ended in Jun. 2026 was ¥7 Mil. Therefore, Chongqing Wangbian Electric (Group)Corp's Tax Rate % for the quarter that ended in Jun. 2026 was -34.50%.

Chongqing Wangbian Electric (Group)Corp Tax Rate % Related Terms

Chongqing Wangbian Electric (Group)Corp Tax Rate % Historical Data

* Premium members only.

The historical data trend for Chongqing Wangbian Electric (Group)Corp'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.

Chongqing Wangbian Electric (Group)Corp Tax Rate % Chart

Chongqing Wangbian Electric (Group)Corp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.64 12.40 15.14 13.84 7.07

Chongqing Wangbian Electric (Group)Corp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14.77 11.81 39.90 16.73 -34.50
SHSE:603191
86GF Score
Chongqing Wangbian Electric (Group)Corp Ltd SHSE:603191
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Wangbian Electric (Group)Corp Tax Rate % Calculation

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

Chongqing Wangbian Electric (Group)Corp's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=5.616/79.394
=7.07 %

Chongqing Wangbian Electric (Group)Corp's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=-2.317/6.716
=-34.50 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -34.50% mean?
Chongqing Wangbian Electric (Group)Corp (SHSE:603191) has a Tax Rate % of -34.50% as of Jun. 2026.
Is Chongqing Wangbian Electric (Group)Corp's Tax Rate % too high?
Chongqing Wangbian Electric (Group)Corp's current Tax Rate % is -34.50%. Overall, Chongqing Wangbian Electric (Group)Corp has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Wangbian Electric (Group)Corp's Tax Rate % compare to VRT and BE?
Chongqing Wangbian Electric (Group)Corp's Tax Rate % of -34.50% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Industrial Products company?
A good Tax Rate % depends on the Industrial Products industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Chongqing Wangbian Electric (Group)Corp's current Tax Rate % is -34.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Wangbian Electric (Group)Corp stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Wangbian Electric (Group)Corp (SHSE:603191) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.36, compared to a current price of ¥15.04 — trading 22.3% below its estimated fair value. The current Tax Rate % is -34.50%. Chongqing Wangbian Electric (Group)Corp's overall GF Score™ is 86/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Chongqing Wangbian Electric (Group)Corp (SHSE:603191), the current Tax Rate % is -34.50% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chongqing Wangbian Electric (Group)Corp (SHSE:603191) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Wangbian Electric (Group)Corp stock appears to be undervalued. The current stock price of ¥15.04 is trading 22.3% below its estimated GF Value™ of ¥19.36. GuruFocus considers Chongqing Wangbian Electric (Group)Corp to be Modestly Undervalued.

Key valuation signals for SHSE:603191:

  • Tax Rate %: -34.50%
  • GF Value™: ¥19.36 vs. price of ¥15.04 (22.3% below fair value)
  • GF Score™: 86/100 with 9 warning signs

No single metric tells the full story. See the SHSE:603191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chongqing Wangbian Electric (Group)Corp Business Description

Address No. 10, Qixin East Road, Yanjia Street, Changshou District, Chongqing, CHN, 401220
Chongqing Wangbian Electric (Group)Corp Ltd is engaged in the research and development, production and sales of power transmission and distribution and control equipment and grain-oriented silicon steel.
86GF Score

Get the complete analysis for SHSE:603191

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥15.04
Price
¥19.36
GF Value