Xiangyang Automobile Bearing Co (SZSE:000678) Tax Rate % : 15.31% (As of Mar. 2024)

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What is Xiangyang Automobile Bearing Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Xiangyang Automobile Bearing Co's Tax Expense for the three months ended in Mar. 2024 was ¥-3 Mil. Xiangyang Automobile Bearing Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-18 Mil. Therefore, Xiangyang Automobile Bearing Co's Tax Rate % for the quarter that ended in Mar. 2024 was 15.31%.

Xiangyang Automobile Bearing Co Tax Rate % Historical Data

The historical data trend for Xiangyang Automobile Bearing 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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Xiangyang Automobile Bearing Co Tax Rate % Chart

Xiangyang Automobile Bearing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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0.55

4.87

-3.04

3.62

-12.45

Xiangyang Automobile Bearing 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															9.81	8.22	22.66	2,873.52	15.31

Xiangyang Automobile Bearing Co Tax Rate % Calculation

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

Xiangyang Automobile Bearing 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 )
	=	6.647	/	-53.395
	=	-12.45 %

Xiangyang Automobile Bearing 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 )
	=	-2.697	/	-17.621
	=	15.31 %

Xiangyang Automobile Bearing Co Tax Rate % Related Terms

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Xiangyang Automobile Bearing Co (SZSE:000678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xiangyang Automobile Bearing Co Ltd (SZSE:000678) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 97 Dengcheng Avenue, Hubei Province, Xiangyang, CHN, 441057

Website

http://www.zxy.com.cn

Xiangyang Automobile Bearing Co Ltd is primarily engaged in the manufacture and sales of bearings and accessories, automobile spare parts, mechanical and electronic devices, bearing equipment and related components in China. The products of the group are exported to Europe, America and Southeast Asia and other countries and regions. Further it has set up around 28 sales branches throughout the country, and hold up to 14 distribution centers. The sales and service network covers all major cities.

Executives

Tang Yong	Executives
Gao Shao Bing	Directors, executives
Wang Guan Bing	Executives
Yuan Zhan	Supervisors
Song Hui Min	Director

Xiangyang Automobile Bearing Co (SZSE:000678) Headlines

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