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Zhejiang Mustang Battery Co (SHSE:605378) Tax Rate % : 16.66% (As of Mar. 2024)


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What is Zhejiang Mustang Battery Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zhejiang Mustang Battery Co's Tax Expense for the three months ended in Mar. 2024 was ¥5 Mil. Zhejiang Mustang Battery Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥29 Mil. Therefore, Zhejiang Mustang Battery Co's Tax Rate % for the quarter that ended in Mar. 2024 was 16.66%.

Zhejiang Mustang Battery Co Tax Rate % Historical Data

The historical data trend for Zhejiang Mustang Battery 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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Zhejiang Mustang Battery Co Tax Rate % Chart

Zhejiang Mustang Battery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 15.26 12.85 9.37 11.46 13.11

Zhejiang Mustang Battery Co Quarterly Data
Dec17 Dec18 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 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 14.98 9.59 13.82 14.49 16.66

Zhejiang Mustang Battery Co Tax Rate % Calculation

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

Zhejiang Mustang Battery 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 )
=15.93/121.47
=13.11 %

Zhejiang Mustang Battery 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 )
=4.814/28.894
=16.66 %

* 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.

Zhejiang Mustang Battery Co Tax Rate % Related Terms

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Zhejiang Mustang Battery Co (SHSE:605378) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Mustang Battery Co Ltd (SHSE:605378) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
818 Rongji Road, Luotuo Street, Zhenhai District, Zhejiang Province, Ningbo, CHN, 315202
Website
http://www.mustangbattery.com
Zhejiang Mustang Battery Co Ltd is engaged in the research and development, production and sales of high-performance, environmentally friendly zinc-manganese batteries.

Zhejiang Mustang Battery Co (SHSE:605378) Headlines

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