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Swancor Advanced Materials Co (SHSE:688585) Tax Rate % : 32.50% (As of Sep. 2024)


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What is Swancor Advanced Materials Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Swancor Advanced Materials Co's Tax Expense for the three months ended in Sep. 2024 was ¥10 Mil. Swancor Advanced Materials Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥30 Mil. Therefore, Swancor Advanced Materials Co's Tax Rate % for the quarter that ended in Sep. 2024 was 32.50%.


Swancor Advanced Materials Co Tax Rate % Historical Data

The historical data trend for Swancor Advanced Materials 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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Swancor Advanced Materials Co Tax Rate % Chart

Swancor Advanced Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 21.86 21.70 -24.00 21.73 24.99

Swancor Advanced Materials 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 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 17.75 41.62 21.87 18.25 32.50

Swancor Advanced Materials Co Tax Rate % Calculation

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

Swancor Advanced Materials 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 )
=23.626/94.546
=24.99 %

Swancor Advanced Materials 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 )
=9.854/30.322
=32.50 %

* 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.


Swancor Advanced Materials Co Tax Rate % Related Terms

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Swancor Advanced Materials Co Business Description

Traded in Other Exchanges
N/A
Address
618 Songsheng Road, Songjiang District, Shanghai, CHN, 201613
Swancor Advanced Materials Co Ltd is a manufacturer of specialty chemicals. The company's main product lines of fine chemical are vinyl ester for anti-corrosion tank and pipe for factories, desulfurization tank, and chimney for power plants; and the other one is epoxy resin and hardener for wind turbine blade. Its products are Epoxy Vinyl Ester Resin & UPR, SMC/BMC Materials, Wind Turbine Materials, and LED Encapsulation Materials.
Executives
Wang Da Wei Director
Li Pei Yi senior management
Xiao Hong Core technical personnel

Swancor Advanced Materials Co Headlines

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