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Friend Co (SHSE:605050) Tax Rate % : 24.89% (As of Sep. 2024)


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What is Friend Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Friend Co's Tax Expense for the three months ended in Sep. 2024 was ¥28 Mil. Friend Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥113 Mil. Therefore, Friend Co's Tax Rate % for the quarter that ended in Sep. 2024 was 24.89%.

Friend Co Tax Rate % Historical Data

The historical data trend for Friend 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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Friend Co Tax Rate % Chart

Friend Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 24.79 24.78 25.14 24.88 24.88

Friend Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 25.44 23.14 24.16 25.66 24.89

Friend Co Tax Rate % Calculation

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

Friend 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 )
=140.918/566.417
=24.88 %

Friend Co's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=28.193/113.272
=24.89 %

* 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.

Friend Co Tax Rate % Related Terms

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Friend Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Friend Co Ltd (SHSE:605050) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
No. 3759, Panjing Road, Baoshan District, Baoshan Industrial Park, Shanghai, CHN, 201900
Website
http://www.scmfriend.com
Friend Co Ltd is engaged in providing complete steel logistics supply chain services for mid-to-high-end automotive, home appliance and other industries or their supporting manufacturers, including procurement, processing, warehousing, cutting, and packaging , Transportation and distribution services, and corresponding technical support services.

Friend Co Headlines

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