SNI (Shenni Holdings) Tax Rate %: 24.22% (As of Sep. 2024)

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What is Shenni Holdings Tax Rate %?

Shenni Holdings SNI Tax Rate % is 24.22% as of Sep. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shenni Holdings's Tax Expense for the six months ended in Sep. 2024 was $0.60 Mil. Shenni Holdings's Pre-Tax Income for the six months ended in Sep. 2024 was $2.46 Mil. Therefore, Shenni Holdings's Tax Rate % for the quarter that ended in Sep. 2024 was 24.22%.

Shenni Holdings Tax Rate % Related Terms

Shenni Holdings Tax Rate % Historical Data

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The historical data trend for Shenni Holdings'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.

Shenni Holdings Tax Rate % Chart

Shenni Holdings Annual Data
Trend Mar23 Mar24
Tax Rate %
23.08 18.02

Shenni Holdings Semi-Annual Data
Mar23 Sep23 Mar24 Sep24
Tax Rate % 0.00 25.52 16.92 24.22

Shenni Holdings Tax Rate % Calculation

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

Shenni Holdings's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=0.338/1.876
=18.02 %

Shenni Holdings'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 )
=0.596/2.461
=24.22 %

* 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 24.22% mean?
Shenni Holdings (SNI) has a Tax Rate % of 24.22% as of Sep. 2024.
Is Shenni Holdings' Tax Rate % too high?
Shenni Holdings' current Tax Rate % is 24.22%.
How does Shenni Holdings' Tax Rate % compare to ?
Shenni Holdings' Tax Rate % of 24.22% can be compared against companies in the Medical Devices & Instruments 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 a Medical Devices & Instruments company?
A good Tax Rate % depends on the Medical Devices & Instruments 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. Shenni Holdings's current Tax Rate % is 24.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenni Holdings stock overvalued right now?
Shenni Holdings (SNI) has a current Tax Rate % of 24.22%. The current Tax Rate % is 24.22%. 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 Shenni Holdings (SNI), the current Tax Rate % is 24.22% as of Sep. 2024. 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.

Shenni Holdings Business Description

Comparable Companies
Address Biopharmaceutical Industry Park, South Bridge Yongfeng County, Jiangxi Province, Jian, CHN, 331500
Shenni Holdings Ltd is a holding company. Through its operating subsidiaries in China, it is engaged in the business of the manufacture and distribution of urology medical devices and care products as well as the distribution of cardiovascular and cerebrovascular medical devices. Its products include Guide Wire, Catheter Sheath, and PTA Balloon Catheter. The company derives its revenue from three sources: (i) sales and distribution of urology medical devices (ii) sales and distribution of urology care products, and (iii) sales and distribution of cardiovascular and cerebrovascular medical devices.