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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Tax Rate % : -41.47% (As of Sep. 2024)


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What is Solax Power Network Technology (Zhejiang) Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Solax Power Network Technology (Zhejiang) Co's Tax Expense for the three months ended in Sep. 2024 was ¥-17 Mil. Solax Power Network Technology (Zhejiang) Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥41 Mil. Therefore, Solax Power Network Technology (Zhejiang) Co's Tax Rate % for the quarter that ended in Sep. 2024 was -41.47%.

Solax Power Network Technology (Zhejiang) Co Tax Rate % Historical Data

The historical data trend for Solax Power Network Technology (Zhejiang) 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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Solax Power Network Technology (Zhejiang) Co Tax Rate % Chart

Solax Power Network Technology (Zhejiang) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
85.88 19.35 6.15 13.28 11.80

Solax Power Network Technology (Zhejiang) Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 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 -8.69 -20.49 12.04 2.02 -41.47

Solax Power Network Technology (Zhejiang) Co Tax Rate % Calculation

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

Solax Power Network Technology (Zhejiang) 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 )
=142.485/1207.102
=11.80 %

Solax Power Network Technology (Zhejiang) 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 )
=-16.846/40.619
=-41.47 %

* 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.

Solax Power Network Technology (Zhejiang) Co Tax Rate % Related Terms

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Solax Power Network Technology (Zhejiang) Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solax Power Network Technology (Zhejiang) Co Ltd (SHSE:688717) » Definitions » Tax Rate %
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 333 Lianhua Street, 9th Floor, Tower C, Lianhua Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063
Website
https://www.solaxpower.com.cn
Solax Power Network Technology (Zhejiang) Co Ltd is engaged in providing photovoltaic energy storage systems and products.
Executives
Mei Jian Jun Supervisors

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