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Suzhou Veichi Electric Co (SHSE:688698) Tax Rate % : -29.00% (As of Dec. 2024)


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What is Suzhou Veichi Electric Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Suzhou Veichi Electric Co's Tax Expense for the three months ended in Dec. 2024 was ¥-8 Mil. Suzhou Veichi Electric Co's Pre-Tax Income for the three months ended in Dec. 2024 was ¥29 Mil. Therefore, Suzhou Veichi Electric Co's Tax Rate % for the quarter that ended in Dec. 2024 was -29.00%.

Suzhou Veichi Electric Co Tax Rate % Historical Data

The historical data trend for Suzhou Veichi Electric 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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Suzhou Veichi Electric Co Tax Rate % Chart

Suzhou Veichi Electric Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial 10.03 7.57 6.21 5.27 0.84

Suzhou Veichi Electric Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.36 4.68 4.00 5.93 -29.00

Suzhou Veichi Electric Co Tax Rate % Calculation

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

Suzhou Veichi Electric Co's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=2.053/243.786
=0.84 %

Suzhou Veichi Electric Co's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=-8.401/28.97
=-29.00 %

* 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.

Suzhou Veichi Electric Co Tax Rate % Related Terms

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Suzhou Veichi Electric Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Veichi Electric Co Ltd (SHSE:688698) » Definitions » Tax Rate %
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SZSE:200771 SHSE:600619 SHSE:688700 SHSE:601882 SHSE:603915 SHSE:688596 SHSE:603033 SHSE:603277 SZSE:300031 SHSE:603283 XTER:SIE XPAR:SU ETN PH OSTO:ATCO A ITW EMR TSE:7011 XTER:ENR CMI
Traded in Other Exchanges
N/A
Address
No. 1000, Songjia Road, Guoxiang Street, Wuzhong Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215000
Website
http://www.veichi.com
Suzhou Veichi Electric Co Ltd is engaged in the development, manufacturing and marketing of industrial automation control products. The products include Frequency Inverter, Servo System, Solar Pump Inverter, Automation Equipment and more, mainly serving smart factories, intelligent equipment's, robots, new energy and other applications.

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