Sunny Optical Technology (Group) Co (Sunny Optical Technology (Group) Co) Tax Rate % : 9.83% (As of Dec. 2023)

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What is Sunny Optical Technology (Group) Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sunny Optical Technology (Group) Co's Tax Expense for the six months ended in Dec. 2023 was $11 Mil. Sunny Optical Technology (Group) Co's Pre-Tax Income for the six months ended in Dec. 2023 was $107 Mil. Therefore, Sunny Optical Technology (Group) Co's Tax Rate % for the quarter that ended in Dec. 2023 was 9.83%.

Sunny Optical Technology (Group) Co Tax Rate % Historical Data

The historical data trend for Sunny Optical Technology (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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Sunny Optical Technology (Group) Co Tax Rate % Chart

Sunny Optical Technology (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.67

12.45

10.27

8.87

15.30

Sunny Optical Technology (Group) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															2.35	18.11	-6.21	22.38	9.83

Sunny Optical Technology (Group) Co Tax Rate % Calculation

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

Sunny Optical Technology (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 )
	=	29.107	/	190.212
	=	15.30 %

Sunny Optical Technology (Group) Co's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	10.552	/	107.319
	=	9.83 %

Sunny Optical Technology (Group) Co Tax Rate % Related Terms

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Sunny Optical Technology (Group) Co (Sunny Optical Technology (Group) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sunny Optical Technology (Group) Co Ltd (OTCPK:SNPTF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SOTGY:USA 02382:Hong Kong SXC:Germany

Address

No. 66-68, Fengle Road, Zhejiang Province, Yuyao, CHN, 315400

Website

https://www.sunnyoptical.com

Headquartered in Yuyao, China, Sunny Optical is China's biggest handset camera modules maker and the world's largest handset lens sets manufacturer. Higher-margin lens sets are used on smartphones, vehicles, and augmented/virtual reality. Sunny Optical is a key beneficiary of the secular growth of mobile and vehicle camera demand, as smartphone manufacturers seek differentiated camera features and advanced driver-assistance systems witness rising adoption among automakers. The firm also manufactures optical instruments, such as high-end microscopes and optical measuring instruments. The company employed over 26,610 people as of December 2022.

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