SIELY (Shanghai Electric Group Co) Tax Rate % : 28.86% (As of Sep. 2024)

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What is Shanghai Electric Group Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shanghai Electric Group Co's Tax Expense for the three months ended in Sep. 2024 was $42 Mil. Shanghai Electric Group Co's Pre-Tax Income for the three months ended in Sep. 2024 was $147 Mil. Therefore, Shanghai Electric Group Co's Tax Rate % for the quarter that ended in Sep. 2024 was 28.86%.

Shanghai Electric Group Co Tax Rate % Historical Data

The historical data trend for Shanghai Electric 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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Shanghai Electric Group Co Tax Rate % Chart

Shanghai Electric Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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18.04

17.02

0.48

-17.10

34.60

Shanghai Electric Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															16.00	172.15	31.46	20.53	28.86

Shanghai Electric Group Co Tax Rate % Calculation

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

Shanghai Electric 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 )
	=	159.643	/	461.445
	=	34.60 %

Shanghai Electric 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 )
	=	42.428	/	147.013
	=	28.86 %

Shanghai Electric Group Co Tax Rate % Related Terms

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Shanghai Electric Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Electric Group Co Ltd (OTCPK:SIELY) » Definitions » Tax Rate %

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Traded in Other Exchanges

SIELF:USA 02727:Hong Kong USR:Germany 601727:China

Address

No. 110 Sichuan Middle Road, Huangpu District, Shanghai, CHN, 200002

Website

https://www.shanghai-electric.com

Shanghai Electric Group Co Ltd is an integrated equipment manufacturing group specializing in industrial equipment. Its products include thermal generator sets, nuclear power units, wind power equipment, power T&D equipment, environmental protection equipment, automation equipment, elevators, rail transit, and Industrial Internet. The operating segments are energy equipment, industrial equipment, and integrated services segments, with maximum revenue from the energy equipment segment.