Shenzhen VMAX New Energy Group Co (SHSE:688612) Tax Rate % : 23.06% (As of Sep. 2024)

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What is Shenzhen VMAX New Energy Group Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shenzhen VMAX New Energy Group Co's Tax Expense for the three months ended in Sep. 2024 was ¥25 Mil. Shenzhen VMAX New Energy Group Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥109 Mil. Therefore, Shenzhen VMAX New Energy Group Co's Tax Rate % for the quarter that ended in Sep. 2024 was 23.06%.

Shenzhen VMAX New Energy Group Co Tax Rate % Historical Data

The historical data trend for Shenzhen VMAX New Energy 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.

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Shenzhen VMAX New Energy Group Co Tax Rate % Chart

Shenzhen VMAX New Energy Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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28.23

73.87

31.39

11.58

9.41

Shenzhen VMAX New Energy Group Co Quarterly Data
	Dec16	Dec17	Dec18	Mar19	Sep19	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial														9.90	13.07	21.72	3.00	23.06

Shenzhen VMAX New Energy Group Co Tax Rate % Calculation

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

Shenzhen VMAX New Energy Group 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 )
	=	52.111	/	553.807
	=	9.41 %

Shenzhen VMAX New Energy Group 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 )
	=	25.036	/	108.576
	=	23.06 %

Shenzhen VMAX New Energy Group Co Tax Rate % Related Terms

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Shenzhen VMAX New Energy Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shenzhen VMAX New Energy Group Co Ltd (SHSE:688612) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Fifth Industrial Zone, Beihuan Road, One of 501, Fengyun Technology Building, Nanshan, Guangdong, Shenzhen, CHN, 518000

Website

http://www.vmaxpower.com.cn

Shenzhen VMAX New Energy Group Co Ltd is engaged in Research and development, production, sales and technical services of power electronic products related to new energy vehicles. VMAX works with many automobile manufacturers to provide customers with high-quality automotive power domain products and efficient solutions, including but not limited to OBCs, DCDCs, inverters, gearboxes, Electric Vehicle Communication Controller (EVCC), Wireless Electric Vehicle Charging (WEVC) and so on.

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