Sinopec Oilfield Equipment (SZSE:000852) Tax Rate % : 20.96% (As of Mar. 2025)

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What is Sinopec Oilfield Equipment Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sinopec Oilfield Equipment's Tax Expense for the three months ended in Mar. 2025 was ¥2 Mil. Sinopec Oilfield Equipment's Pre-Tax Income for the three months ended in Mar. 2025 was ¥12 Mil. Therefore, Sinopec Oilfield Equipment's Tax Rate % for the quarter that ended in Mar. 2025 was 20.96%.

Sinopec Oilfield Equipment Tax Rate % Historical Data

The historical data trend for Sinopec Oilfield Equipment'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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Sinopec Oilfield Equipment Tax Rate % Chart

Sinopec Oilfield Equipment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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37.06

0.57

10.63

9.49

4.34

Sinopec Oilfield Equipment Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Tax Rate %	Get a 7-Day Free Trial															9.83	-3.13	5.90	10.10	20.96

Sinopec Oilfield Equipment Tax Rate % Calculation

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

Sinopec Oilfield Equipment's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	5.535	/	127.536
	=	4.34 %

Sinopec Oilfield Equipment's Tax Rate % for the quarter that ended in Mar. 2025 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2025 )	/	Pre-Tax Income (Q: Mar. 2025 )
	=	2.444	/	11.659
	=	20.96 %

Sinopec Oilfield Equipment Tax Rate % Related Terms

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Sinopec Oilfield Equipment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Oilfield Equipment Corp (SZSE:000852) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

No. 5, Huagongyuan First Road, Donghu New Technology Development Zone, Miaoshan Community, Hubei, Wuhan, CHN, 430205

Website

http://sofe.sinopec.com

Sinopec Oilfield Equipment Corp is engaged in making petroleum drilling and mining equipment. It includes the development, sales, inspection, and maintenance services of drill bits, drilling tools, manifolds, valves, downhole tools, and instruments. The products portfolio products include drilling and production equipment, drilling and completion tools, and gathering and transportation equipment; four emerging businesses: hydrogen energy equipment, environmental protection equipment, chemical equipment, and digitalization.

Executives

Zou Zhi Guo	Supervisors
Xie Yong Jin	Director
Yu Tian Jing	Supervisors
Hong Chun Ling	Executives
Meng Yong	Securities Affairs Representative

Sinopec Oilfield Equipment Headlines

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