China Resources Microelectronics (SHSE:688396) Tax Rate %: 16.06% (As of Jun. 2026)

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SHSE:688396 China Resources Microelectronics Ltd SHSE:688396
85 GF Score
Price ¥61.52
GF Value ¥56.92
Valuation Fairly Valued
! 5 Warning Signs
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What is China Resources Microelectronics Tax Rate %?

China Resources Microelectronics SHSE:688396 -2.35% 85 Tax Rate % is 16.06% as of Jun. 2026. GuruFocus rates SHSE:688396 with a GF Score™ of 85/100 and a GF Value™ of ¥56.92 (Fairly Valued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Resources Microelectronics's Tax Expense for the three months ended in Jun. 2026 was ¥70 Mil. China Resources Microelectronics's Pre-Tax Income for the three months ended in Jun. 2026 was ¥434 Mil. Therefore, China Resources Microelectronics's Tax Rate % for the quarter that ended in Jun. 2026 was 16.06%.

China Resources Microelectronics Tax Rate % Related Terms

China Resources Microelectronics Tax Rate % Historical Data

* Premium members only.

The historical data trend for China Resources Microelectronics'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.

China Resources Microelectronics Tax Rate % Chart

China Resources Microelectronics 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 4.09 2.01 14.74 16.73 23.24

China Resources Microelectronics 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 18.27 27.13 20.51 23.04 16.06
SHSE:688396
85GF Score
China Resources Microelectronics Ltd SHSE:688396
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Resources Microelectronics Tax Rate % Calculation

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

China Resources Microelectronics'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 )
=167.856/722.393
=23.24 %

China Resources Microelectronics'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 )
=69.777/434.496
=16.06 %

* 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 16.06% mean?
China Resources Microelectronics (SHSE:688396) has a Tax Rate % of 16.06% as of Jun. 2026.
Is China Resources Microelectronics' Tax Rate % too high?
China Resources Microelectronics' current Tax Rate % is 16.06%. Overall, China Resources Microelectronics has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Resources Microelectronics' Tax Rate % compare to NVDA and AVGO?
China Resources Microelectronics' Tax Rate % of 16.06% can be compared against companies in the Semiconductors 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 a Semiconductors company?
A good Tax Rate % depends on the Semiconductors 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. China Resources Microelectronics's current Tax Rate % is 16.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, China Resources Microelectronics (SHSE:688396) is currently considered Fairly Valued. The stock's GF Value™ is ¥56.92, compared to a current price of ¥61.52 — trading 8.1% above its estimated fair value. The current Tax Rate % is 16.06%. China Resources Microelectronics' overall GF Score™ is 85/100 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 China Resources Microelectronics (SHSE:688396), the current Tax Rate % is 16.06% 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 China Resources Microelectronics (SHSE:688396) Overvalued in 2026?

Based on GuruFocus' analysis, China Resources Microelectronics stock appears to be overvalued. The current stock price of ¥61.52 is trading 8.1% above its estimated GF Value™ of ¥56.92. GuruFocus considers China Resources Microelectronics to be Fairly Valued.

Key valuation signals for SHSE:688396:

  • Tax Rate %: 16.06%
  • GF Value™: ¥56.92 vs. price of ¥61.52 (8.1% above fair value)
  • GF Score™: 85/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Resources Microelectronics Business Description

Address No. 14, Liangxi Road, No. 12, Lane 299, Wenshui Road, Jiangsu Province, Wuxi City, Zhihuiyuan, Shibei District, Jing'an District, Shanghai, CHN, 214061
China Resources Microelectronics Ltd is engaged in designing, producing, and selling power semiconductors, smart sensors and smart control products, as well as providing open wafer manufacturing, packaging and testing, and other manufacturing services.
85GF Score

Get the complete analysis for SHSE:688396

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

¥61.52
Price
¥56.92
GF Value