Niutech Technology Group Co (SHSE:688309) Tax Rate %: 16.62% (As of Jun. 2026)

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SHSE:688309 Niutech Technology Group Co Ltd SHSE:688309
73 GF Score
Price ¥77.65
GF Value ¥53.64
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Niutech Technology Group Co Tax Rate %?

Niutech Technology Group Co SHSE:688309 -5.19% 73 Tax Rate % is 16.62% as of Jun. 2026. GuruFocus rates SHSE:688309 with a GF Score™ of 73/100 and a GF Value™ of ¥53.64 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Niutech Technology Group Co's Tax Expense for the three months ended in Jun. 2026 was ¥7.8 Mil. Niutech Technology Group Co's Pre-Tax Income for the three months ended in Jun. 2026 was ¥47.1 Mil. Therefore, Niutech Technology Group Co's Tax Rate % for the quarter that ended in Jun. 2026 was 16.62%.

Niutech Technology Group Co Tax Rate % Related Terms

Niutech Technology Group Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for Niutech Technology Group 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.

Niutech Technology Group Co Tax Rate % Chart

Niutech Technology Group Co 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 14.14 14.04 9.34 10.61 15.09

Niutech Technology Group Co 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 45.77 11.43 16.70 18.72 16.62
SHSE:688309
73GF Score
Niutech Technology Group Co Ltd SHSE:688309
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Niutech Technology Group Co Tax Rate % Calculation

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

Niutech Technology Group Co'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 )
=6.262/41.488
=15.09 %

Niutech Technology Group Co'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 )
=7.822/47.059
=16.62 %

* 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 16.62% mean?
Niutech Technology Group Co (SHSE:688309) has a Tax Rate % of 16.62% as of Jun. 2026.
Is Niutech Technology Group Co's Tax Rate % too high?
Niutech Technology Group Co's current Tax Rate % is 16.62%. Overall, Niutech Technology Group Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Niutech Technology Group Co's Tax Rate % compare to VLTO and ZWS?
Niutech Technology Group Co's Tax Rate % of 16.62% 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. Niutech Technology Group Co's current Tax Rate % is 16.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niutech Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Niutech Technology Group Co (SHSE:688309) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥53.64, compared to a current price of ¥77.65 — trading 44.8% above its estimated fair value. The current Tax Rate % is 16.62%. Niutech Technology Group Co's overall GF Score™ is 73/100 with 5 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 Niutech Technology Group Co (SHSE:688309), the current Tax Rate % is 16.62% 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 Niutech Technology Group Co (SHSE:688309) Overvalued in 2026?

Based on GuruFocus' analysis, Niutech Technology Group Co stock appears to be overvalued. The current stock price of ¥77.65 is trading 44.8% above its estimated GF Value™ of ¥53.64. GuruFocus considers Niutech Technology Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:688309:

  • Tax Rate %: 16.62%
  • GF Value™: ¥53.64 vs. price of ¥77.65 (44.8% above fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Niutech Technology Group Co Business Description

Address No. 9889 Haitang Road, High-tech Zone, Shandong Province, Jinan, CHN, 250031
Niutech Environment Technology Corp is engaged in organic waste cracking technology research and development and related equipment design, production and sales. The company specializes in high polymer waste, such as waste tyre, waste plastic, oil sludge, waste oil, biomass, hazard waste and municipal sludge Pyrolysis technology and equipment manufacturing and product sales.
73GF Score

Get the complete analysis for SHSE:688309

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

¥77.65
Price
¥53.64
GF Value