Hangzhou Hota M&E Holdings Co (SZSE:001225) Tax Rate % : 11.72% (As of Mar. 2024)

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What is Hangzhou Hota M&E Holdings Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hangzhou Hota M&E Holdings Co's Tax Expense for the three months ended in Mar. 2024 was ¥2.7 Mil. Hangzhou Hota M&E Holdings Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥23.0 Mil. Therefore, Hangzhou Hota M&E Holdings Co's Tax Rate % for the quarter that ended in Mar. 2024 was 11.72%.

Hangzhou Hota M&E Holdings Co Tax Rate % Historical Data

The historical data trend for Hangzhou Hota M&E Holdings 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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Hangzhou Hota M&E Holdings Co Tax Rate % Chart

Hangzhou Hota M&E Holdings Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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13.89

12.64

13.58

13.74

12.87

Hangzhou Hota M&E Holdings Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial									11.94	14.37	12.41	12.89	11.72

Hangzhou Hota M&E Holdings Co Tax Rate % Calculation

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

Hangzhou Hota M&E Holdings 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 )
	=	16.821	/	130.68
	=	12.87 %

Hangzhou Hota M&E Holdings 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 )
	=	2.695	/	22.998
	=	11.72 %

Hangzhou Hota M&E Holdings Co Tax Rate % Related Terms

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Hangzhou Hota M&E Holdings Co (SZSE:001225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Hota M&E Holdings Co Ltd (SZSE:001225) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1201, Tonghui North Road, Ningwei Street, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215

Website

http://www.hota.com.cn

Hangzhou Hota M&E Holdings Co Ltd is engaged in the research and development, design, manufacture and sales of material handling equipment. The company's main products include plate chain bucket elevators, belt bucket elevators and other series of conveying equipment and accessories, which are widely used in cement building materials, ports, steel, chemical and other industries, providing customers with environmentally friendly and efficient bulk materials Handling solutions.

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