Laplace Renewable Energy Technology Co (SHSE:688726) Tax Rate %: 11.48% (As of Jun. 2026)

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SHSE:688726 Laplace Renewable Energy Technology Co Ltd SHSE:688726
15 GF Score
Price ¥44.00
! 5 Warning Signs
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What is Laplace Renewable Energy Technology Co Tax Rate %?

Laplace Renewable Energy Technology Co SHSE:688726 -0.14% 15 Tax Rate % is 11.48% as of Jun. 2026. GuruFocus rates SHSE:688726 with a GF Score™ of 15/100. The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Laplace Renewable Energy Technology Co's Tax Expense for the three months ended in Jun. 2026 was ¥26 Mil. Laplace Renewable Energy Technology Co's Pre-Tax Income for the three months ended in Jun. 2026 was ¥222 Mil. Therefore, Laplace Renewable Energy Technology Co's Tax Rate % for the quarter that ended in Jun. 2026 was 11.48%.

Laplace Renewable Energy Technology Co Tax Rate % Related Terms

Laplace Renewable Energy Technology Co Tax Rate % Historical Data

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The historical data trend for Laplace Renewable Energy Technology 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.

Laplace Renewable Energy Technology Co Tax Rate % Chart

Laplace Renewable Energy Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial 24.81 -1.09 8.10 14.42 12.41

Laplace Renewable Energy Technology Co Quarterly Data
Dec20 Dec21 Dec22 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 9.37 12.16 5.10 9.03 11.48
SHSE:688726
15GF Score
Laplace Renewable Energy Technology Co Ltd SHSE:688726
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Laplace Renewable Energy Technology Co Tax Rate % Calculation

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

Laplace Renewable Energy Technology 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 )
=88.338/711.615
=12.41 %

Laplace Renewable Energy Technology 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 )
=25.539/222.444
=11.48 %

* 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 11.48% mean?
Laplace Renewable Energy Technology Co (SHSE:688726) has a Tax Rate % of 11.48% as of Jun. 2026.
Is Laplace Renewable Energy Technology Co's Tax Rate % too high?
Laplace Renewable Energy Technology Co's current Tax Rate % is 11.48%. Overall, Laplace Renewable Energy Technology Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Laplace Renewable Energy Technology Co's Tax Rate % compare to GEV and ETN?
Laplace Renewable Energy Technology Co's Tax Rate % of 11.48% 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. Laplace Renewable Energy Technology Co's current Tax Rate % is 11.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laplace Renewable Energy Technology Co stock overvalued right now?
Laplace Renewable Energy Technology Co (SHSE:688726) has a current Tax Rate % of 11.48%. The current Tax Rate % is 11.48%. Laplace Renewable Energy Technology Co's overall GF Score™ is 15/100 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 Laplace Renewable Energy Technology Co (SHSE:688726), the current Tax Rate % is 11.48% 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.

Laplace Renewable Energy Technology Co Business Description

Address No. 1, Jikang Road, Kengzi Street, Pingshan District, Guangdong, Shenzhen, CHN, 518122
Laplace Renewable Energy Technology Co Ltd is engaged in research & develoment, production and sales of high-performance thermal processes, coatings and supporting automation equipment required for photovoltaic cell manufacturing.
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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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