Suzhou Veichi Electric Co (SHSE:688698) Tax Rate %: 5.10% (As of Jun. 2026)

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SHSE:688698 Suzhou Veichi Electric Co Ltd SHSE:688698
88 GF Score
Price ¥42.97
GF Value ¥60.17
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Suzhou Veichi Electric Co Tax Rate %?

Suzhou Veichi Electric Co SHSE:688698 -0.67% 88 Tax Rate % is 5.10% as of Jun. 2026. GuruFocus rates SHSE:688698 with a GF Score™ of 88/100 and a GF Value™ of ¥60.17 (Modestly Undervalued). The stock has 5 warning signs investors should review.

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 Jun. 2026 was ¥3 Mil. Suzhou Veichi Electric Co's Pre-Tax Income for the three months ended in Jun. 2026 was ¥62 Mil. Therefore, Suzhou Veichi Electric Co's Tax Rate % for the quarter that ended in Jun. 2026 was 5.10%.

Suzhou Veichi Electric Co Tax Rate % Related Terms

Suzhou Veichi Electric Co Tax Rate % Historical Data

* Premium members only.

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.

Suzhou Veichi Electric Co Tax Rate % Chart

Suzhou Veichi Electric Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 7.57 6.21 5.27 0.84 4.83

Suzhou Veichi Electric Co 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 8.94 6.73 -17.57 2.28 5.10
SHSE:688698
88GF Score
Suzhou Veichi Electric Co Ltd SHSE:688698
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=13.128/271.902
=4.83 %

Suzhou Veichi Electric Co'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 )
=3.155/61.896
=5.10 %

* 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 5.10% mean?
Suzhou Veichi Electric Co (SHSE:688698) has a Tax Rate % of 5.10% as of Jun. 2026.
Is Suzhou Veichi Electric Co's Tax Rate % too high?
Suzhou Veichi Electric Co's current Tax Rate % is 5.10%. Overall, Suzhou Veichi Electric Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Veichi Electric Co's Tax Rate % compare to GEV and ETN?
Suzhou Veichi Electric Co's Tax Rate % of 5.10% can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Tax Rate % depends on the Industrial Products 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. Suzhou Veichi Electric Co's current Tax Rate % is 5.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Veichi Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Veichi Electric Co (SHSE:688698) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥60.17, compared to a current price of ¥42.97 — trading 28.6% below its estimated fair value. The current Tax Rate % is 5.10%. Suzhou Veichi Electric Co's overall GF Score™ is 88/100 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 Suzhou Veichi Electric Co (SHSE:688698), the current Tax Rate % is 5.10% 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 Suzhou Veichi Electric Co (SHSE:688698) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Veichi Electric Co stock appears to be undervalued. The current stock price of ¥42.97 is trading 28.6% below its estimated GF Value™ of ¥60.17. GuruFocus considers Suzhou Veichi Electric Co to be Modestly Undervalued.

Key valuation signals for SHSE:688698:

  • Tax Rate %: 5.10%
  • GF Value™: ¥60.17 vs. price of ¥42.97 (28.6% below fair value)
  • GF Score™: 88/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Suzhou Veichi Electric Co Business Description

Address No. 1000, Songjia Road, Guoxiang Street, Wuzhong Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215000
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.
88GF Score

Get the complete analysis for SHSE:688698

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

¥42.97
Price
¥60.17
GF Value