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Ningxia Western Venture Industrial Co (SZSE:000557) Tax Rate % : 16.89% (As of Mar. 2024)


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What is Ningxia Western Venture Industrial Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ningxia Western Venture Industrial Co's Tax Expense for the three months ended in Mar. 2024 was ¥17 Mil. Ningxia Western Venture Industrial Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥101 Mil. Therefore, Ningxia Western Venture Industrial Co's Tax Rate % for the quarter that ended in Mar. 2024 was 16.89%.

Ningxia Western Venture Industrial Co Tax Rate % Historical Data

The historical data trend for Ningxia Western Venture Industrial 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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Ningxia Western Venture Industrial Co Tax Rate % Chart

Ningxia Western Venture Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.92 20.75 19.99 21.00 19.49

Ningxia Western Venture Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.16 18.05 17.11 26.20 16.89

Ningxia Western Venture Industrial Co Tax Rate % Calculation

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

Ningxia Western Venture Industrial 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 )
=58.698/301.099
=19.49 %

Ningxia Western Venture Industrial Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=17.132/101.446
=16.89 %

* 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.

Ningxia Western Venture Industrial Co Tax Rate % Related Terms

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Ningxia Western Venture Industrial Co (SZSE:000557) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ningxia Western Venture Industrial Co Ltd (SZSE:000557) » Definitions » Tax Rate %
Comparable Companies
SHSE:603111 SHSE:600368 SHSE:603680 SZSE:300587 SHSE:603069 SHSE:688569 SHSE:600125 SHSE:688459 SHSE:600495 SHSE:688033 UNP TSX:CNR TSX:CP CSX NSC SHSE:601816 WAB HKSE:01766 TSE:9022 HKSE:00066
Traded in Other Exchanges
N/A
Address
No. 168, Beijing Middle Road, The First Floor of Block C, Ningxia Hui Autonomous Region, Yinchuan, CHN
Website
http://www.xbcy.nx.cn
Ningxia Western Venture Industrial Co Ltd is engaged in the business of railway transportation, warehousing and logistics, wine, and hotel catering.
Executives
Zhu Guan Hu Director

Ningxia Western Venture Industrial Co (SZSE:000557) Headlines

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