Shenzhen Xinyuren Technology Co (SHSE:688573) Tax Rate % : 20.10% (As of Sep. 2024)

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What is Shenzhen Xinyuren Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shenzhen Xinyuren Technology Co's Tax Expense for the three months ended in Sep. 2024 was ¥-8.5 Mil. Shenzhen Xinyuren Technology Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥-42.5 Mil. Therefore, Shenzhen Xinyuren Technology Co's Tax Rate % for the quarter that ended in Sep. 2024 was 20.10%.

Shenzhen Xinyuren Technology Co Tax Rate % Historical Data

The historical data trend for Shenzhen Xinyuren Technology 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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Shenzhen Xinyuren Technology Co Tax Rate % Chart

Shenzhen Xinyuren Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

4.02

-36.65

-5.10

2.99

-4.80

Shenzhen Xinyuren Technology Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial									90.37	4.20	7.00	-5.34	20.10

Shenzhen Xinyuren Technology Co Tax Rate % Calculation

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

Shenzhen Xinyuren Technology 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 )
	=	-2.658	/	55.399
	=	-4.80 %

Shenzhen Xinyuren Technology 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 )
	=	-8.533	/	-42.46
	=	20.10 %

Shenzhen Xinyuren Technology Co Tax Rate % Related Terms

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Shenzhen Xinyuren Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Xinyuren Technology Co Ltd (SHSE:688573) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Longcheng Street, 1st - 4th Floor, No. 2 Factory Building, Huilongpu Community, Hongfeng (Longgang) Industrial Factory, Longgang District, Guangdong, Shenzhen, CHN, 518172

Website

https://www.xinyuren.com

Shenzhen Xinyuren Technology Co Ltd is a national high-tech enterprise focusing on high-end equipment. It is mainly engaged in the research and development, production and sales of intelligent manufacturing high-end equipment. The products mainly include lithium-ion battery production equipment and its key components parts and other automation equipment, providing high-end equipment and automation solutions for customers in industries such as lithium-ion batteries, optoelectronics, medical supplies, and hydrogen fuel cells.

Shenzhen Xinyuren Technology Co Headlines

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