Leader Harmonious Drive Systems Co (SHSE:688017) Tax Rate % : 10.50% (As of Sep. 2024)

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What is Leader Harmonious Drive Systems Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Leader Harmonious Drive Systems Co's Tax Expense for the three months ended in Sep. 2024 was ¥2.6 Mil. Leader Harmonious Drive Systems Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥25.2 Mil. Therefore, Leader Harmonious Drive Systems Co's Tax Rate % for the quarter that ended in Sep. 2024 was 10.50%.

Leader Harmonious Drive Systems Co Tax Rate % Historical Data

The historical data trend for Leader Harmonious Drive Systems 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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Leader Harmonious Drive Systems Co Tax Rate % Chart

Leader Harmonious Drive Systems Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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8.33

13.86

12.31

8.26

7.36

Leader Harmonious Drive Systems 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															9.54	-15.46	10.21	6.54	10.50

Leader Harmonious Drive Systems Co Tax Rate % Calculation

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

Leader Harmonious Drive Systems 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 )
	=	6.739	/	91.571
	=	7.36 %

Leader Harmonious Drive Systems 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 )
	=	2.644	/	25.175
	=	10.50 %

Leader Harmonious Drive Systems Co Tax Rate % Related Terms

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Leader Harmonious Drive Systems Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Leader Harmonious Drive Systems Co Ltd (SHSE:688017) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, Muxu West Road, Mudu Town, Wuzhong District, Jiangsu Province, Suzhou, CHN, 215101

Website

http://www.leaderdrive.com

Leader Harmonious Drive Systems Co Ltd is engaged in design, production and sales of precision transmission devices. The company's products include harmonic reducers, mechatronics actuators and precision parts. Its products are widely used in high-end manufacturing fields such as industrial robots, service robots, CNC machine tools, aerospace, medical equipment, semiconductor production equipment, and new energy equipment.

Executives

Li Qian	Director
Zuo Yu Yu	Director
Zuo Jing	Director

Leader Harmonious Drive Systems Co Headlines

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